Structural Monitoring Systems Plc advised that Rick Deurloo has tendered his resignation as a non-executive director of the Company effective immediately. The
Board has accepted the resignation of Mr. Deurloo with regret and appreciates the contribution he has been able to make during his short time on the Board. Mr. Deurloo was elevated to President of Commercial Engines Business at Pratt and Whitney and departs SMS to focus on those commitments. On 3 October 2022, the Board announced that it had received a nomination from Mr. Miroljub (Miro) Miletic to be considered by shareholders for election as a non-executive director of the Company at the forthcoming Annual General Meeting (AGM) to be held in Perth on 15 November 2022. Mr. Miletic is the founder and Managing Director of MEMKO, holds an Honorary Doctorate in Engineering (Aerospace) from RMIT University and has held a number of leadership positions at The Boeing Company Australia, including Manager (Business Development and Planning). The Board has identified Mr. Miletic to have the necessary specialised skills, experience, management
and leadership qualities and considers him an outstanding candidate for a Board position as the Company progresses its commercialisation strategy.