Wellnex Life Limited announced the appointment Mr. Andrew Vidler to the Board of Wellnex. The appointment will come in effect on the completion of the Pain Away transaction and follows on from on the appointment of Mr. Jeffrey Yeh. Andrew Vidler has comprehensive experience across retail, consumer health products and retail pharmacy.

Andrew in his over 30 years' experience includes nearly 20 years with the EBOS Group (formerly FH Faulding, Mayne Group and Symbion), where across many roles he led the Terry White and Chemmart pharmacy brands and the Endeavour consumer health products business. For the last 4 years Andrew worked for API Limited (now Wesfarmers Health) where he was responsible for the Priceline retail and Priceline pharmacy business. Andrew has an excellent track record of building strong team cultures while ensuring they say focused on the marketplace and building customers with an active preference for the products, brands and retailers he oversees.

Jeffrey Yeh is an experienced all-rounded entrepreneur, with over 21 years' experience in all aspects of pharmaceutical sales, marketing, production, quality assurance, operations, logistics, finance and management. Jeffrey co-founded Homart Pharmaceuticals in 2002, and since then has grown Homart into a premier and award winning manufacturing and brand business with over 200 employees and an international presence. Wellnex has commenced the process of identifying and appointing a chair to the board that has both public company experience and industry expertise, with the company commencing interviews with various candidates.

Kobe Li will step down from the board at completion of the Pain Away transaction but will remain as Wellnex's company secretary. Kobe has been instrumental in the progress of Wellnex and the Company thanks him for all his efforts. Following the appointment of Andrew and Jeffrey, the Board of Wellnex Life will comprise: · George Karafotias ­ Executive Director and Chief Executive Officer · Zack Bozinovski ­ Executive Director and Managing Director · Eric Jiang ­ Independent Non-Executive Director · Andrew Vidler ­ Independent Non-Executive Director · Jeffery Yeh ­ Non-Executive Director.