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23/3/2026

Leadership Announcement

We are pleased to announce the appointment of Andrew Myers as the new CEO of South Australian Produce Market Limited. Andrew will commence on the 7th of April 2026, with a two week handover alongside our current CEO, Angelo Demasi.

Andrew brings more than two decades of executive leadership experience, along with extensive strategic, operational and governance expertise.

Andrew’s career includes senior roles with Target Australia, where he served as Supply Chain Director and Retail Director (2014–2016), followed by Chief Operations Officer and Director (2016–2018). In these roles, he oversaw operations, end-to-end supply chain, significant revenue and expenditure portfolios, and delivered notable improvements in employee engagement.

Andrew has also held senior leadership positions with the Coles Group as General Manager Operations / GM Central Operations, was Managing Director APAC, WorkJam, a SaaS business focused on employee communication, and most recently in the Fuel and Convenience sector.

Andrew contributes to the SA community as Chair of SIDS and KIDS SA / Red Tree Foundation and as a Board Member of the Barossa Co-Operative.

Further to our correspondence on the 8th of January 2026 regarding the planned leadership transition, Angelo informed the Board of his intention to step down after 26 years of dedicated service, with his tenure concluding on 30 June 2026, following an orderly transition.

Over more than two decades, Angelo has played a central role in transforming SAPML into a financially strong, strategically positioned and future-focused enterprise, delivering substantial revenue and earnings growth, leading major infrastructure and precinct developments, strengthening governance and industry partnerships, and securing long-term sustainability for the Market and its stakeholders.

The Board sincerely thanks Angelo for his leadership, commitment and significant contribution, and acknowledges the strong foundation he leaves for the continued success of the Company. We wish him all the very best for the future.

The Board looks forward to working with Andrew and is confident that his strategic insight, strong governance background and proven relationship-building skills will continue to drive success for SAPML.

Thank you

SAPML

Board