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Published: July 29, 2025

The Lottery Corporation announces the appointment of Mr Wayne Pickup as its incoming Managing  Director and Chief Executive Officer

28 July 2025

ASX Market Announcements

Office ASX Limited

20 Bridge Street Sydney NSW 2000

APPOINTMENT OF MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER

The Lottery Corporation Limited (The Lottery Corporation or the Company)  today announces the appointment of Mr Wayne Pickup as its incoming Managing  Director and Chief Executive Officer.

Mr Pickup will join the Company on 24 November 2025 and will later assume the  role of Managing Director and Chief Executive Officer following receipt of all  necessary regulatory approvals in relevant jurisdictions.

Mr Pickup, who will be based in Brisbane, will succeed Ms Sue van der Merwe,  who announced her retirement on 24 March 2025 after a 35-year career in  lotteries, including three years leading The Lottery Corporation. Ms van der  Merwe will continue in her role until Mr Pickup commences and will work closely  with the Board to help ensure a smooth transition.

Mr Pickup brings extensive lotteries industry experience spanning 25 years  across international markets. He joins The Lottery Corporation after seven years  as the CEO of global lottery operator Allwyn’s North American operations.

Prior to his role at Allwyn, Mr Pickup was CEO of Lotto New Zealand. Prior to  receiving all necessary regulatory approvals in connection with his appointment,  Mr Pickup will act as an observer to the Board, and the existing Executive  Leadership Team will continue to manage the day-today operations of The Lottery  Corporation group under the oversight of the Board.

Chairman of The Lottery Corporation, Dr Doug McTaggart, said: “Wayne is a  proven leader with a strong track record and a deep understanding of lotteries  developed over many years in the industry. Having held senior leadership roles  in technology, product management and game management, Wayne brings a diverse  skill set and understanding of high-performing lotteries businesses. He is a  high-calibre appointment who takes over from Sue at an exciting time for The  Lottery Corporation, its shareholders and its customers.

“I want to pay tribute to Sue for her long and successful career in lotteries  which has spanned almost 35 years - including leading TLC over the past three  years. Her deep experience and expertise have helped TLC to become the leading  operator of lottery and Keno games in Australia, and one of the best performing  lottery businesses in the world.”

Mr Pickup said: “I am honoured by the appointment and excited to join The  Lottery Corporation at such a pivotal time. The Australian lottery market has  tremendous potential for innovation and growth and I look forward to working  with the talented team at The Lottery Corporation to deliver value for  shareholders while enhancing the lottery experience for millions of customers  across Australia.”

Further background on Mr Pickup, together with a summary of the material  terms of Mr Pickup’s Contract of Employment, are attached.

This announcement was authorised for release by the Board of The Lottery  Corporation.

For more information Media: Rick Wallace, Senior Manager Corporate Affairs  +61 3 9737 5724

Investors / Analysts: Chris Richardson, GM Investor Relations & Treasury +61  3 9737 5758

https://www.marketindex.com.au/asx/tlc/announcements/appointment-of-managing-director-and-chief-executive-officer-3A672273