Effective immediately, the Board of Bubs Australia Limited announced the appointment of Mr. Paul Jensen FAICD to Bubs Australia's Board as an independent Non- Executive Director and Chair of the Audit and Risk Committee. Mr. Jensen comes to Bubs as a respected business leader and Non-Executive Director with more than twenty years' Board experience with both public and private corporations across consumer goods, equity capital markets, banking, government, philanthropy, and indigenous affairs. He is currently a Non-Executive Director, Treasurer and Chair of the Audit, Risk and Technology Committee for the Australia Made Campaign Limited and most recently a Director of Carbon Conscious Limited, Monash.

Absolute Investment Company and earlier Non-Executive Director roles with Hunter Hall Global, Value Sandon Capital, WAM Capital, Foodco Group and Forty Winks, among others. In his earlier executive career, he worked in the banking and investment management sectors, working internationally with the Lloyds Bank Group in New Zealand, United Kingdom, Australia and was the Managing Director of two ASX listed investment companies. Mr. Jensen will offer himself for election by shareholders at the Bubs Annual General Meeting in November 2023.

Mr. Jensen holds a Bachelor of Commerce & Administration degree from the University of Victoria, Wellington New Zealand, and is a Fellow of the Australian Institute of Company Directors. Date of appointment is 20 March 2023.