On July 31, 2023, ImpediMed Limited announced that it received a notice pursuant to section 203D of the Corporations Act 2001 from Acadia Park Pty Ltd, regarding the intention to move resolutions for the removal of four directors of the Company, being Donald Williams, Amit Patel, David Anderson and Daniel Sharp. Further, Acadia Park Pty Ltd has also informed the Company that it intends to give the Company a request to call and arrange to hold a general meeting of the Company pursuant to section 249D of the Corporations Act and to propose resolutions to seek the appointment of replacement directors.