Asset Vision's Co-Founder and CEO, Mr. Damian Smith, has been appointed as Executive Director of Future First Technologies Ltd. Further, the Board advised that it has accepted the resignation of Non-Executive Director, Mr. Scott Coles and has appointed Mr. Lucas Murtagh as an Executive Director of the Company. Mr. Murtagh led the acquisition of Asset Vision in 2020 and has played an integral role in its vision, strategy and branding since that time. Lucas is a career entrepreneur founding Method Group Consulting which was a BRW Fast Starter in 2013 and subsequently acquired by RXP Services Ltd. Lucas has strong experience in ASX listed companies and capital markets and has consulted to many of Asset Vision's clients including Victoria's Department of Transport and Ventia.

Damian has extensive experience in the software and road maintenance industry spanning more than 20 years. Damian has been instrumental in leading Asset Vision to deliver its most successful year to date; significant wins over the past year has led to a 42% increase of ARR and a strong pipeline of opportunities. The material terms of Mr. Smith's employment remain unchanged from those disclosed in the Company's Annual Report to Shareholders released to the market on 30 September 2022.