WiseTech Global Expects to Appoint Independent Directors to Regain Compliance with Listing Rules

MT Newswires Live

Mar 05, 2025

WiseTech Global (ASX:WTC) said it expects to appoint additional independent directors, with one appointment expected to occur within four weeks, which will allow it to be compliant with the Australian Securities Exchange's listing rules again before it considers the full-year financial statements, according to a Wednesday Australian bourse filing.

Four directors of the firm resigned on Feb. 26, due to which it was unable to satisfy a listing rules requirement that its audit and risk committee comprise at least three nonexecutive directors, the filing said.

The new audit and risk committee will meet to receive a briefing from its auditor, interim chief executive, and interim chief financial officer regarding any accounting judgments, financial disclosures, and audit-related matters, per the filing.

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