Forbidden Foods Ltd. announced that it has appointed Mr. Alex Aleksic as Chief Executive Officer as of 1 July 2023. Mr. Aleksic is a senior business strategist and advisor with over twenty years of senior managerial experience in commercial, operational and financial roles within multinational, ASX top 50 companies private equity and high net worth ownership structures. Most recently, Mr. Aleksic was Chief Financial Officer of Australian leading Australian beverage company, Lark Distillery Limited between June 2020 and December 2022).

During his time with Lark, Mr. Aleksic was instrumental in the Company's growth trajectory, earnings growth, M&A strategy and market engagement whichlead to the group achieving a peak market capitalisation of ~$450 million. His previous roles include positions as Chief Financial Officer at Accent Group, Shaver Shop Gr and senior multi-discipline roles within Goodyear Dunlop, Telstra, Coles and Kodak Australasia. Mr. Aleksic also successfully launched Rightsize Advisory, a consultancy firm supporting small to medium sized businesses seeking growth, succession planning and/or exit strategies.

Forbidden Foods will leverage Mr. Aleksic's exceptional operational experience, established network and food and beverage sector experience to continue to drive down operating costs, while pursuing high-margin revenue growth.