Forbidden Foods Ltd. announced that Mr. Tony Rowlinson will step down as Executive Chairman and resign from the Board. Mr. Rowlinson joined the Company as Non-Executive Chairman in July 2022 and was appointed interim Executive Chairman in May 2023 to assist with the Company's leadership transition. During his tenure, Mr. Rowlinson has assisted Forbidden Foods in strategy development and implementation, as well as its US expansion initiatives. Non-Executive Director, Mr. Jarrod Milani will transition to the role of Non-Executive Chairman. Mr. Milani is a co-founder of Forbidden Foods and has played a central role in the Company's international growth strategy. As Non- Executive Chairman, he will oversee the Company's growth strategy across Australia and the USA. Following the appointment of Mr. Aleksic, Marcus Brown will continue to focus on the Company's ongoing US
expansion. Mr. Brown recently completed his relocation to the United States. to spearhead the expansion of the Blue Dinosaur® product range in North America and pursue additional business development opportunities. In alignment with his strategic and operational goals for US growth, Mr. Brown participated in the group's recent share placement and made additional on-market acquisitions of fully paid ordinary shares in Forbidden Foods during June 2023.