21 August 2019

Mr Bruce McWilliam to retire as a Director of Seven Group Holdings

Seven Group Holdings (ASX: SVW) (“SGH”) announces that Mr Bruce McWilliam has advised that he will retire from the Board at this year’s Annual General Meeting, having completed a three year term since his last election. He will continue his role with more time to focus on it.

Mr McWilliam has been a Director of SGH since its formation in 2010 and a Director of its predecessor company, Limited, since September 2003.

Throughout his tenure at SGH, Mr McWilliam has successfully fulfilled the dual roles of Commercial Director at SGH and Commercial Director at Seven West Media (ASX: SWM) (“SWM”). In his dual role, Mr McWilliam has been a valued member of SGH’s and SWM’s Senior Executive Team.

Mr Ryan Stokes, Managing Director & CEO of SGH, said: “Bruce is one of Australia’s most experienced and best-credentialed media executives. The opportunity for Bruce to add value and drive performance at SWM is recognised and endorsed by SGH. I wish to thank Bruce for his support as part of the SGH team and his contribution to the evolution of SGH over such a long period of time and will of course continue to work with each other through SWM.”

Mr AC, Chairman of SGH, said: “Bruce has had a long and close association with SGH. Much has been achieved in that time and Bruce has made a significant contribution to the Board and SGH’s development. The Board understands that Bruce has important commitments at SWM, which will benefit from Bruce’s additional availability and focus on that business.”

Mr McWilliam said: “It has been a great privilege to work with Kerry Stokes, Ryan Stokes and my fellow directors and executives as SGH has built its impressive portfolio of investments and grown its key operating businesses, WesTrac and , as well as SWM. In my executive capacity as Commercial Director at SWM (which has always been my principal focus), I look forward to working with James Warburton again and will be doing my upmost to ensure that SWM remains well- positioned for the future and continues its leadership in television.”

Ends.

Media contacts: Jim Kelly +61 412 549 083 / Lauren Thompson +61 438 954 729

Seven Group Holdings Limited is a leading Australian diversified operating and investment group with market leading businesses and investments in industrial services, media and energy. In industrial services, WesTrac Group is the sole authorised Caterpillar dealer in Western Australia, New South Wales and the Australian Capital Territory. WesTrac is one of Caterpillar's top dealers globally (by sales value). SGH also owns Coates Hire, Australia’s largest equipment hire business; and AllightSykes, a supplier of lighting towers, generators and pumps. The Group also has a 28.6 per cent shareholding in and has interests in oil and gas projects in Australia and the United States. In media, SGH has a 41 per cent shareholding in Seven West Media, one of Australia’s largest multiple platform media companies, including the Seven Network, The West and Pacific.

Seven Group Holdings Limited | ABN 46 142 003 469 Level 30, 175 Liverpool Street, Sydney NSW 2000 Australia | Postal Address: PO Box 745, Darlinghurst NSW 1300 Australia| Telephone +61 2 8777 7777 | Facsimile +61 2 8777 7192