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CENTURIA BASS APPOINTS OPERATIONS AND DISTRIBUTION EXPERTS

February 2024

• 35-year experienced John Kalaf appointed Senior Advisor – Distribution, Sydney office
• 15-year experienced Peter Callanan appointed Director – Investor Operations, Melbourne office
• Recent senior hires support significant growth, 41% annual increase in FUM to c. $1.6 billion1
• Private real estate finance tailwinds anticipated to continue

SYDNEY (Monday, 26 February 2024) – Real estate non-bank lender and investment manager, Centuria
Bass Credit, continues its workforce expansion to support its burgeoning growth, announcing two additional
senior appointments within its Sydney and Melbourne office.

John Kalaf joins Centuria Bass’ Sydney office as Senior Advisor - Distribution. With over 35 years’
experience in global financial markets, Mr Kalaf will be responsible for supporting capital raising strategies
across the NSW market.

Peter Callanan joins Centuria Bass’s Melbourne office as Director – Investor Operations. He brings 15 years
of experience in funds management and investor relations across Ireland and Australia and is chiefly
responsible for strategic operations across Australia.

Both Mr Kalaf and Mr Callanan will report to Yehuda Gottlieb, Managing Director of Funds & Distribution.
Giles Borten and Nick Goh, Centuria Bass Joint CEOs, said, “In the current high interest rate environment
with many traditional lenders tightening their loan criteria, coupled with unprecedented demand for
residential stock, Centuria Bass is experiencing surging demand for non-bank real estate finance.
“This demand has been met with strong wholesale investor appetite for high returns across a relatively short
time period of approximately 12-18 month. These are the fundamentals that have underpinned Centuria
Bass’ 41% annual increase in its funds under management to c. $1.6billion. We believe these conditions will
be sustained, which make it necessary for Centuria Bass to expand its workforce to support our continual
growth.”

Mr Kalaf and Mr Callanan are among half a dozen recent appointments across Sydney and Melbourne.
Mr Gottlieb continued, “We’re pleased to welcome John and Peter to the Centuria Bass team. John’s
expertise in global wholesale markets and financial markets analysis make him a valuable addition to our
distribution team while Peter’s operational expertise will generate significant value and efficiencies across
the business.”

Previously, Mr Kalaf held positions with GFI Group as a Director, AU/NZ (AU); Icap Sydney as Director,
Interest Rate Derivates (AU); and Lasser Marshall as a Senior Broker Advisory (US). He has also completed
an Executive Leadership Development Course at the Stanford Business School.

Mr Callanan’s previous positions include MaxCap Group where he worked as a Senior Manager (AU); NAB
as a Senior Associate (Non Traded Operations) (AU); and SEI Investments as an Investment Operations
Specialist (IE). He holds a Bachelor of Science, Business Information Systems from the University College of
Cork, and has also obtained his professional accounting qualification from the Association of Chartered
Certified Accountants (ACCA).

Centuria Bass was founded in 2016 and has since grown to c. $1.6 billion in funds under management
(FUM)1 extending over 127 investments. Since its inception, it has delivered compelling returns on secured
private credit loans averaging over 12.84% p.a. return.

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