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CEO departure

Resignation of CEO Webfirm Group Limited (WFM) today announced the unexpected resignation of Mr David Burden as Chief Executive Officer and Director of the company due to personal health reasons. Mr Burden will be stepping down from his role effective immediately. At the unanimous request of the Board, Mr Andrew Barlow has agreed to accept the role of acting Chief Executive Officer whilst an executive search process is undertaken to appoint a new Chief Executive Officer. Webfirm Group Chairman Adrian Giles said, I would like to acknowledge and thank David Burden for his determination and significant contribution to this Company over the past four years. It is truly unfortunate that his health does not allow him to continue building on this early success.

We wish him all the best for the future and a speedy recovery. I would also like to thank Andrew Barlow for agreeing to accept an interim CEO role whilst an executive search is undertaken. Mr David Burden said, It is disappointing to be leaving at such an exciting time in the companys evolution. I want to extend my thanks to the Board, the Executive and the entire team for their ongoing and future support and wish them every success in the future. The executive search process will commence immediately, and an announcement made as soon as a suitable candidate has been identified and appointed. ends Investor Relations Brendan Maher Chief Financial Officer and Company Secretary Phone 03 8695 9104 Email