OFX Group Limited announced that Patricia Cross will join the company as an Independent Non-Executive Director on 20 July 2022. Ms. Cross will stand for election at the OFX AGM on 11 August 2022. It is the company's intention that, after the AGM, she will replace Steve Sargent as Chair of the company.

As part of company's ongoing succession planning, Mr. Sargent is retiring from the Board having been Chair since 2016. Patricia Cross is a highly experienced Non-Executive Director and Chair. Over the past 25 years she has served on numerous listed company boards in Australia and the UK, as well as several Government, not-for-profit, and Advisory boards.

She is currently Non-Executive Director of Transurban, a Member of the Board of Guardians of The Future Fund, and an Ambassador for the Australian Indigenous Education Foundation (AIEF). Ms. Cross has held several senior executive roles in the financial services industry, including with Chase Manhattan Bank and Chase Investment Bank (New York, Helsinki, London), Banque Nationale de Paris and National Australia Bank (NAB). At NAB, she was the General Manager of Wholesale and Institutional Banking and a member of the NAB Group Executive Committee.

Ms. Cross previously served on the boards of Aviva plc, Macquarie Group Ltd, National Australia Bank Limited, Wesfarmers Limited, AMP Limited, Suncorp Metway Limited, and Qantas Airways Ltd. She has also had extensive experience in superannuation as Chair of Qantas Superannuation Fund and Chair of Commonwealth Superannuation Corporation. She has held honorary government positions including as a founding member of the Financial Sector Advisory Council and Australian Financial Centre Taskforce, and has served on several not-for- profit boards, including the Grattan Institute and the Murdoch Children's Research Institute. She is a Life Fellow of the Australian Institute of Company Directors (AICD), and was the founding Chairof the 30% Club Australia.