On January 12, 2023, M8 Sustainable Limited announced that it has received a notice to call a general meeting given pursuant to section 249D of the Corporations Act from Adroit Capital Group ESG Pty Ltd as trustee for the Adroit Capital Group ESG Unit Trust (Adroit Capital) dated 23 December 2022 to consider a) the appointment of Malcolm Raymond Scott James, and Anthony Nelson Short as Directors of the Company, being nominees of Adroit Capital; b) the removal of Tomasz Jacek Rudas, Saithsiri Saksitthisereekul, and Damien Craig Flugge as Directors of the Company at the annual general meeting of shareholders scheduled to be held on February 16, 2023.