Rex Trueform Group Limited announced that Ms Catherine Lloyd will resign as Chief Executive Officer ("CEO") while retaining her position on the board of Rex Trueform and her role as a legal and strategic advisor to the Company with effect from 31 July 2022. The Board wishes to thank Catherine Lloyd for her contribution in stepping into the role of CEO and leading the business at an extremely challenging time during and following the covid pandemic. The Company has been meaningfully repositioned, and its strength as a sustainable long-term business is significantly improved with a solid foundation from which to move forward.

The board looks forward to her continued contribution to the Company. Mr. Marcel Golding has been appointed as the chief executive officer of the company in Ms Lloyd's stead.