Sucro Limited announced changes to its board of directors as a result of elections at its annual shareholders' meeting held May 30, 2024 (the "Meeting") as well as the approval by shareholders of a stock purchase plan for employees of the Company and its subsidiaries. The Company welcomes Mr. William Billings to its board of directors, who was elected at the Meeting subject to regulatory approval. Mr. Billings is a finance and accounting professional and currently serves as the Vice President, Finance of GlobalFoundries Inc. Will previously led global operations for Airbnb Inc. and served as a global controller for World Fuel Services Corporation and General Electric Company.

Will began his career in public accounting and currently serves as a member of the board of directors of Knightscope Inc. Will holds a Bachelor of Science degree in Accounting from Southern University and a Master of Business Administration degree from Rice University. Mrs. Francoise Duboc and Mr. Tony Cina did not stand for re-election at the Meeting.