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DIRECTORS REPORT FOR YEAR ENDED 30 JUNE 2015 Information on Directors Non-Executive Chairman Peter Bush Age 63 Appointed 25 February 2015 Peter Bush joined the Board in February 2015 as Director and Chairman and is Chairman of the Nomination Committee. Peter has proven leadership strategic and management achievements in executive roles spanning the media FMCG and consumer products sectors. This included senior roles with SC Johnson Reckitt Colman AmpolCaltex and Arnotts and was CEO of AGB McNair and Schwarzkopf. Peter ran his own strategic consultancy business for six years with clients including Qantas Telstra George Patterson Bates John Singleton Advertising and McDonalds Australia. In 2003 Peter became the CEO of McDonalds Australia leaving in April 2010 as its divisional President for Pacific Middle East and Africa. Other Current Directorships Peter has been chairman of Mantra Group Holdings Limited since 2014 Peter has been chairman of Pacific Brands Limited since 2012 director since 2010 Former Directorships in the last 3 years Peter ceased being a director of Insurance Australia Group Limited in 2015 Non-Executive Director Leon Pasternak Age 60 Appointed 26 September 2005 Leon Pasternak joined the Board in September 2005 and is Deputy Chairman of the Board and Chairman of the Remuneration Committee. Leon was the Vice Chairman and Managing Director of Merrill Lynch Markets Australia Pty Limited a subsidiary of Bank of America with cross sector and product responsibility including responsibility for financial institutions and mergers and acquisitions. He was a partner at Freehills for 25 years now Herbert Smith Freehills a leading global firm of lawyers. Leon served on the Freehills board and practised in the law of mergers and acquisitions public finance and corporate reorganisations. He was a part time lecturer at Sydney and NSW Universities teaching in their respective masters of law programmes. Leon served on the Campbell Committee inquiry into Australias Financial System. He has an LLB and BEc Hons majoring in accounting from Sydney University. He is a fellow of the Australian Institute of Company Directors. Leon has served on major boards including OPSM and Coca-Cola Amatil. Other Current Directorships Leon has no other current directorships in listed companies Former Directorships in the last 3 years Leon has not ceased any listed company directorships in the last 3 years Non-Executive Director Chris de Boer Age 70 Appointed 20 September 2005 Chris de Boer joined the Board in September 2005 and is Chairman of the Audit and Risk Committee and a member of the Remuneration Committee. Chris qualified as a chartered accountant in London and since then has had various careers in stockbroking investment banking business consulting and direct investment. Through them he gained experience in initial public offerings mergers and acquisitions corporate reorganisations joint ventures bond issues and financial advice across London Hong Kong Australia and New Zealand in both domestic and cross-border deals. He was on the board of Optus prior to its listing on the ASX and was chairman of the New Zealand Venture Investment Fund. Chris also has extensive experience in takeover regulation. Chris spent more than two years as an executive at the Takeover Panel in London three years on the Takeovers Committee in Hong Kong and four years as Chairman of the Takeovers Panel in Hong Kong. Chris has an MA from Cambridge University and is a member of the Institute of Directors in New Zealand. Other Current Directorships Chris has no other current directorships in listed companies Former Directorships in the last 3 years Chris has not ceased any listed company directorships in the last 3 years Non-Executive Director Peter Harvie Age 76 Appointed 1 August 2011 Peter Harvie joined the Board in August 2011 after the acquisition of Austereo Group Limited and is a member of the Nomination Committee. Peter has more than 45 years experience in the advertising marketing and media industries. Prior to his appointment Peter was the Executive Chairman of Austereo Group Limited from 1997 until May 2011 Managing Director of the Triple M Network and founder and managing director of the Clemenger Harvie advertising agency from 1974 to 1993. Other Current Directorships Peter has been a director of Village Roadshow Limited since 20 June 2000 Former Directorships in the last 3 years Peter has not ceased any listed company directorships in the last 3 years 18 SOUTHERN CROSS AUSTEREO ANNUAL REPORT 2015