Zip $1 Party, page-1914

Management Changes
During FY23, Larry Diamond our Global CEO and Managing Director relocated with his family to the
US to assume the roles of Global CEO and CEO US to drive performance. The Americas is a core
market for Zip and offers significant potential for future growth and profitability. The Board sought
independent advice on the market practice for executive relocation packages, and approved
relocation support including travel; accommodation; tax equalisation and compliance; healthcare
and schooling support to enable a comparable standard of living. The support provided was set
with reference to reasonable market practice and Zip’s New York office location. The Board
considered the substantially higher cost of living in New York compared to Sydney when
determining relocation support. The value of relocation support is included in the Statutory
Disclosures in this report. While Larry’s fixed remuneration (including Long‑Term Equity (LTE))

Larry is VERY comfortable, don't you worry about that