PROPEL FUNERAL PARTNERS LIMITED - Key Persons

Job Titles:

• Chartered Accountant
• Chief Executive Officer
• Managing Director
• Member of the Board
• Member of the Propel Funeral Partners Board of Directors

Albin co-founded Propel Funeral Partners and is its Managing Director. Albin has extensive experience in sourcing, screening and executing acquisitions and actively managing business operations. He commenced his career in the insolvency and corporate finance division of Arthur Andersen, where he qualified as a chartered accountant and worked in Melbourne and Brunei. In 2000, he moved to Sydney and joined Deutsche Asset Management and, in 2007, he co-led the management buy-out of the private capital division of Deutsche Bank. He has led, co-led or been a key investment team member on a range of mergers and acquisitions (‘M&A') transactions for the former Manager and has been a director of numerous private companies. He played an important role in the sale of Bledisloe Holdings to InvoCare in 2011 and the IPO of Propel. Albin is a Chartered Accountant and holds a Bachelor of Commerce from the University of Melbourne and a Masters in Business Administration from the Victoria University of Technology.

Job Titles:

• Chairman
• Chairman of the Propel Funeral Partners Board of Directors
• Member of the Board

Brian is the Chairman of Propel Funeral Partners, Hastings Funds Management and the Tasmanian Development Board. He is a Non-Executive Director of Tasplan Super, Macquarie Point Development Corporation and OAK Possability (a not-for-profit in the Tasmanian disability sector). Brian is a former Chairman of Spark Infrastructure Limited, BT Investment Management Limited and a former Non-Executive Director of Dexus Property Group and State Super Financial Services. Brian has more than 20 years' experience in the funds management industry in both Australia and Asia. Following a career in the Federal Government and politics, Mr Scullin was appointed the Executive Director of the Association of Superannuation Funds of Australia ("ASFA") in 1987. In 1993, Brian joined Bankers Trust, holding a number of senior positions, including President of Japan Bankers Trust. He was appointed Chief Executive Officer - Asia/Pacific for Deutsche Asset Management in 1999. He retired from that full time position in 2002, although remained a Non-Executive Director of Deutsche Asset Management until June 2007. Brian has held many industry positions including Vice Chair of the Financial Services Council (then known as IFSA), a part-time member of the Federal Government's Financial Reporting Council and a panel member for the Financial Industry Complaints Service.

Job Titles:

• Member of the Board
• Member of the Propel Funeral Partners Board of Directors
• Executive Director - Head of M & a and General Counsel

Fraser co-founded Propel Funeral Partners and it its Head of M&A, General Counsel and Company Secretary. Fraser has extensive experience in sourcing, screening and executing acquisitions. He commenced his legal career with Ashurst, where he worked in both London and Singapore. In 2003, he moved to Sydney and joined Minter Ellison, becoming a Partner in their Private Equity and Capital Markets team in 2006. He joined the former Manager in 2008, where he became a director of a number of its investee companies. He co-led a number of transactions for the former Manager and played an important role in the sale of Bledisloe Holdings to InvoCare in 2011 and the IPO of Propel. Fraser is a graduate of the University of Newcastle-Upon-Tyne (LLB), and of Sydney University (LLM). He has a Diploma in Applied Corporate Governance (‘FCIS'), a Diploma in Investor Relations (‘DipInvRel') and completed the directors' course run by the Australian Institute of Company Directors.

Job Titles:

• Member of the Board
• Non - Executive Director
• Independent Director, Chair of the Audit Committee

Jennifer is currently an independent director, Chair of the Audit Committee and a member of the Risk & Remuneration Committees of Pacific Life Re, Australia (the APRA regulated subsidiary of Pacific Life Reinsurance, a global life reinsurer), a director and Chair of the Audit and Risk Committee of Bicycle Network (Australia's largest bike riding organisation) as well as a previous board member of the Institute of Actuaries of Australia and Deloitte Australia. She was previously the CFO and Chief Actuary of CommInsure. Jennifer was the Actuary of the Year in 2020, is a regular presenter at conferences on leadership, insurance and risk management and is often requested to commentate on all things actuarial. She holds a Bachelor of Economics from Macquarie University, is a Fellow of the Actuaries Institute of Australia and is a graduate member of the Australian Institute of Company Directors.

Job Titles:

• Chief Financial Officer
• Founding Member
• Member of the Board

Lilli is a founding member of the Propel Funeral Partners team and leads its finance function. She is responsible for the delivery of the Company's statutory and management reporting obligations, internal control procedures and treasury management. Lilli manages a team of accountants who, among other things, produce timely financial and operational reports. She plays an active role in sourcing and executing transactions and leads the financial due diligence and financial integration of acquisitions for Propel. Lilli commenced her career at Ernst & Young in corporate finance specialising in business valuations and dispute advisory. She then joined Deutsche Asset Management (DB Capital Partners) in June 2006. She was a director of Bledisloe Holdings prior to its sale to InvoCare. Lilli played an important role in the sale of Bledisloe Holdings to InvoCare in 2011 and the IPO of Propel. Lilli graduated from the University of Wollongong with a Bachelor of Commerce, majoring in accounting and finance. She is a chartered accountant and completed the directors' course run by Australian Institute of Company Directors.

Job Titles:

• Member of the Board
• Member of the Propel Funeral Partners Board of Directors
• Non - Executive Director

Naomi is a highly experienced non executive director who sits on the Board of TAL, Australia's largest life insurance company, as well as Yarra Investment Management Ltd and Accurium Ltd. She is the former Chairwoman of industry super fund Spirit Super. An actuary by training, Naomi is the 2023 President of the Australian Actuaries Institute. She has an executive background in the financial services industry and has a strong reputation in the responsible investing industry, having sat on the boards of two ASX listed industry leaders - Australian Ethical Investments Limited and Hunter Hall Limited. She is a former member of the Tasmanian Economic Development Board and the national board of the Australian Institute of Company Directors. Naomi is a former Partner of Deloitte and a former director of Trowbridge Consulting. Naomi has a first class honours degree in mathematics from the University of Canterbury and is a Fellow of the Institute of Actuaries Australia and a Fellow of the Australian Institute of Company Directors.

Job Titles:

• Member of the Board
• Non - Executive Director

Peter is one of the co-founders of Propel Funeral Partners and also a co-founder and Chair of Propel Investments, a boutique mid market private equity fund manager. He has almost 30 years investment experience (including with Deutsche Asset Management, State Super Investment Management Corporation and Propel Investments) and has been responsible for completing and managing investments and also raising and managing institutional funds. Peter has been on the board of a significant number of private companies, including several where he was Chairman. He was a director of Bledisloe Holdings (previously the largest funeral home operator in New Zealand and the second largest in Australia) prior to its sale to InvoCare Limited in 2011. Peter is Chair of the Children's Tumour Foundation of Australia and was, until recently, a director and Chair of the Audit and Risk Committee of the Clinical Oncology Society of Australia. Peter has a Bachelor of Civil Engineering from the University of Nottingham, Masters in Business from the University of Bath and is a Fellow of the Australian Institute of Company Directors.