The Board of Directors of QANTM Intellectual Property Ltd. announced that Peter Loosmore will succeed Martin Cleaver as Chief Financial Officer of QANTM on an interim basis with effect from 30 August 2021. Mr. Loosmore will commence employment with QANTM on 21 July 2021, and will work with Mr. Cleaver to transition into the CFO role over the succeeding six weeks. Mr. Loosmore will continue the provision of senior financial and commercial input into the QANTM Group's ongoing key strategic initiatives. Mr. Loosmore is a Chartered Accountant with over 25 years' executive experience as a senior finance executive with Australian listed companies, including as Chief Financial Officer with Westpac Financial Services, St George Bank (Retail Bank), and Suncorp Life, and as a consultant advising on and supporting financial management, including as Director of Finance with Rothschild Asset Management. Mr. Loosmore will serve as CFO on an interim basis for a period of approximately 12 months.