Steadfast CEO steps aside amidst workplace complaint investigation

Steadfast Group Limited (ASX:SDF) announced today, October 30, 2025, that managing director and chief executive officer Robert Kelly AM has temporarily stepped aside. This decision facilitates an external investigation into a workplace complaint made against him. Mr. Kelly AM will remain on full pay for the duration of the investigation.

The company stated that the investigation into the allegations against Mr. Kelly AM is ongoing, and as of this announcement, no allegations have been substantiated. Steadfast will provide further details to the market once the investigation is completed.

In the interim, the board has appointed Tim Mathieson, CEO Australasian Broking, to serve as acting chief executive officer, effective immediately. Mr. Mathieson will continue in this role until the conclusion of the investigation.