Ms. Jodie Leonard has advised Alan Stockdale, Chairman of X2M Connect Limited, of her resignation as a Director of X2M effective on and from 17 March 2023. Ms. Leonard joined the Board of X2M shortly before the Company's listing on the ASX, has served as a non-Executive Director since that time and was appointed by the Board to Chair the Company's Remuneration Committee. The Board of X2M announced that the Company's CEO, Mr. Mohan Jesudason, has been appointed to the Company's Board as Managing Director.

Mr. Jesudason will join the Board effective from the date of this announcement. His key terms of employment remain unchanged.