DUG Technology Ltd. announced the appointment of Mr. Francesco (Frank) Sciarrone as the Company's new independent Non-Executive Chairman, effective immediately. The Hon. Wayne Martin AC QC has 1 September 2022 retired as Chairman and Non-Executive Director of DUG after serving in this capacity since 1 February 2020.

Mr. Martin wishes to spend more time pursuing international opportunities as an arbitrator. As a result of this change, Mr. Frank Sciarrone has been appointed as Chairman of the Remuneration and Nomination Committee and Ms Louise Bower has been appointed as a member of the Remuneration and Nomination Committee. There are no changes to the Audit and Risk Committee.