Mighty Craft Limited advised the market that from the date of the AGM, being 21 November 2022, Robin Levison will step down as Chairman and Non-Executive Director of the Board. Mr. Levison joined the Board in February 2018 to help grow the business through his direct investment in the Company and to then assist the Company in listing on the ASX. He has been the Chairman since the Company's official listing on the ASX in December 2019.

Following these achievements and Mr. Levison's appointment as a Non-Executive Director of LI-S Energy along with his other board commitments, especially that of Executive Chairman of PPK Group Limited, Mr. Levison has advised the Board that with the Board renewal process now underway, he intends to step down as Non-Executive Director and Chairman, and as such will not renominate. Mr. Levison intends to remain a long-term holder of MCL, and support the business as a shareholder going forward. The Company also advised that the Board has resolved to appoint Mr. John Hood as interim Chairman with effect from 21 November 2022.

Mr. Hood was appointed as a Director on 22 February 2022, and will oversee the Board renewal process which will be externally facilitated.