The a2 Milk Company advised that Race Strauss has resigned from his position of Chief Financial Officer to take some personal leave before pursuing other interests. Race will step down from his role May 17, 2022 but will be available to support the Company through the fiscal year 2022 year-end process and to assist with an orderly transition to a new CFO. Company announced the appointment of David Muscat as Chief Financial Officer.

David is currently the CFO of DIM Brands International and prior to this was the CFO of Hanes Australasia. David was the CFO of ASX and NZX listed Pacific Brands prior to its takeover by Hanesbrands Inc. in 2016. David is expected to commence in the CFO role in October 2022, with his start date yet to be confirmed.

In the meantime, the Company confirmed that Mark Sherwin, the Company's current Group Head of Finance ­ FP&A and Risk, will assume the position of Interim Chief Financial Officer from May 17, 2022 until David Muscat commences in the role. Mark has been with the Company since 2015 in a range of Group Finance roles and brings 17 years' experience across finance, tax, investor relations, FP&A and risk management. Prior to joining a2MC, Mark gained experience with Deloitte, Shell plc and UGL Limited.