On July 04, 2022, Angel Seafood Holdings Ltd. announced that the Scheme of Arrangement between Angel, Valley Seas BidCo Pty Ltd. ACN 657 211 606 (BidCo) and Laguna Bay Agricultural No 1 Pty Ltd. ACN 608 464 624 (Laguna Bay) has been implemented. The following changes become effective from implementation of the Scheme: Tim Goldsmith resigns as Chairman and non-executive Director; Michael Porter resigns as non-executive Director; Benjamin Trickett is appointed as a Director; Samuel Denman is appointed as a Director and; Simbarashe Matute is appointed as an additional Company Secretary.