Oxford Cannabinoid Technologies Holdings plc announced the following Board changes. Bishrut Mukherjee, Non-Executive Director, has notified the board of his intention to step down from his role in order to focus on other business interests. Bishrut has served the Company for over five years, since joining OCT in January 2019.

Richard Hathaway, Non-Executive Director, has also notified the board of his intention to step down from his role in order to be able to devote more time to his other duties and responsibilities as Corporate Development Director at Imperial Brands plc ("Imperial"). Richard joined the board of OCT in February 2022 as a representative of Imperial Brands Ventures Limited, a wholly owned subsidiary of Imperial. Imperial remains a significant and supportive shareholder of the Company and Richard will continue in his role as shareholder liaison.

Bishrut and Richard will leave the Company on 31 March 2024.