The Lottery Corporation Limited announces that Managing Director and CEO, Ms Sue van derMerwe, has informed the Board of her intention to retire by the end of the 2025 calendar year.

The TLC Board congratulates Ms van der Merwe on her long and successful career in lotteries which has spanned almost 35 years, including the past three years as the Managing Director and CEO of TLC.

The Board will immediately commence a comprehensive process to select a new Managing Director and CEO, which will include a global search and an evaluation of internal and external candidates. Ms van der Merwe will work with the Board to ensure a smooth transition.

Ms van der Merwe said: “Leading TLC over the past three years has been a privilege and I am exceptionallyproud of the results we, as a team, have delivered. I was fortunate to find my passion at an early stage in myworking career. The close to 35 years I’ve spent in the lottery industry, culminating in leading TLC, has beenan incredible career journey.

“TLC is in excellent shape with strong fundamentals, unique characteristics and a bright future. I’m proud ofthe strong culture we’ve built, and I want to thank my team at TLC for their support over the years. I would also like to thank our Chairman, Dr Doug McTaggart, and all our Non-executive Directors for their support. I know I will be leaving the business in good hands, and I look forward to watching its continued success.”