1414 Degrees Limited announced that Mr. Matthew Squire has, for personal reasons, tendered his resignation as the Company's Chief Executive Officer. The details and timing of Mr. Squire's departure are still being finalised, however the Board has determined that once Mr. Squire has completed an agreed notice period, the Company's Chief Operating Officer, Dr. Jordan Parham, will be appointed to the role of Acting Chief Executive Officer. Dr. Parham has been with the Company since the beginning of 2019 and, in conjunction with Mr. Squire, has been actively involved in key commercial negotiations concerning the Woodside Energy partnership and the associated development of the SiBox technology, as well as ongoing commercial discussions on the development of the Aurora Energy Project.