Composite Alliance Group Inc. announced that, further to its news release of August 29, 2023, Diana Assal no longer holds the position of Chief Executive Officer and an employee of Techni Modul Engineering S.A. ("TME"), a wholly owned subsidiary of the Company. Mr. Serge Luquain, Chairman of TME and former CEO, will be resuming his role as CEO of TME until a suitable candidate can be found.