The Board of Directors of Hubwoo S.A. met on August 3, 2017 and decided upon certain changes regarding the governance of Hubwoo. After the Board meeting, the composition of the Board noticeably changed with the co-optation of Timothy Sykes, as a Director. This co-optation took place following the resignation of two Board members, Mr. Jerrold Miller and Mr. Mark Dreyfus. Mr. Timothy Sykes joins Mr. George Hampton Wall, Jr., CEO, and Mrs. Nicole Lowe as member of the current Board.