On 7 February 2020, the Board of Cronos Australia Limited announced the Australian Securities Exchange that Mr. Peter Righetti had resigned from his position as Chief Operating Officer of Cronos Australia, but would continue to work for the Company for a period of up to 12 months. The Company advises that Mr. Righetti has now finalised transitioning his duties and as such will cease working for the Company from 19 June 2020. Mr. Righetti has also resigned as an Executive Director of Cronos Australia. Mr. Righetti's role on the Executive Team and Board of Cronos Austalia will not be replaced.