TasFoods Limited announced that Mr. Craig Treasure will step down as Director and Chairman at the conclusion of Annual General Meeting. The Board has appointed current Deputy Chairman, Mr. John Murphy, as Acting Chairman upon Craig's departure. The Board's composition and capabilities will continue to be reviewed to ensure the skill set, industry experience and tenure of the Directors remains appropriate for the business and continues to provide the necessary support and guidance to the management team as it embarks on the implementation stage of the new business strategy.

Craig has been a Director and Chairman of the TasFoods Board since June 2020. Craig has led the board and management renewal process, the updated strategy, as well as the Company's recent capital raise, setting the foundations for the Company's next stage.