Future First Technologies Ltd. announced that the Board has accepted the resignation of Group CEO, Mr. Adrian Rudman. Having worked alongside Adrian over the past year, Asset Vision's Co-Founder and CEO, Mr. Damian Smith, has been appointed as CEO of the Company. Mr. Rudman has led the transformation of FFT, successfully divesting non-core assets and helping drive growth in FFT's core Asset Maintenance marketplace through the Asset Vision business and the Board respects and accepts the timing of Mr. Rudman's resignation.

As the Co-Founder and CEO of Asset Vision, Mr. Smith is well placed to lead the Company. Damian has extensive experience in the software and road maintenance industry spanning more than 20 years. Damian has been instrumental in leading Asset Vision to deliver its most successful year to date; significant wins over the past year has led to a 42% increase of ARR and a strong pipeline of opportunities.

The material terms of Mr. Smith's employment remain unchanged from those disclosed in the Company's Annual Report to Shareholders released to the market on 30 September 2022.