HITIQ Limited announced notwithstanding, given the need to explore alternate capital management arrangements, the following
changes to the leadership team have been implemented effective immediately to ensure the Company has an appropriate cost-base in the immediate short-term: Glenn Smith has resigned as a director of the Company and its subsidiaries. James Barrie, HITIQ's Company Secretary, has been appointed a Non-Executive Director, with recruitment of additional directors to commence following the appointment of a new permanent CEO. The Board thanks Glenn Smith for his service to the Company, in particular since assuming the Interim CEO role from 4 September 2023.