Wellfully Limited announced changes in Board composition and total non-executive remuneration. Mr. Antonio Varano della Vergiliana to retire from the Board of Directors of the Company, effective from 30 June 2022; Mr. Varano, who has been with the Company since May 2019 and had been acting in the role of Chairman up until April 2022 has retired as a Director of the Company effective 30 June 2022. The Board of Wellfully would like to acknowledge and thank Mr. Varano for his dedication and contribution during his tenure as Chairman of the Board and Board member.

Mr. Varano has led the Company through its critical transformation towards becoming a fully-integrated science-based company, through the difficulties of the COVID pandemic, and all its challenges. His proven leadership and strategic vision have allowed the Company to reach its current development phase. Now that the Company is entering a more operational phase of its further development Mr. Varano will turn his focus and energy to other endeavours.