On December 6, 2021, the Board of Directors of CEN Biotech, Inc. appointed Rik Purdy as its Senior Vice President of Deals and Acquisitions. Mr. Purdy, age 45, currently serves as the President of Herc Holdings, Inc., where he provides business consulting services. Mr. Purdy has been in such position since January 1, 2006. Rick Purdy is also a member of the Company’s Board, and has served in such capacity since April 19, 2021. Mr. Purdy is also a member of the board of directors of Health Logic Interactive, Inc. where he has served in such capacity starting on July 9, 2020. Mr. Purdy is also a member of the board of directors of Mineworx Technologies, Inc. where he has served in such capacity starting on June 4, 2015. On December 6, 2021, Joseph Byrne resigned from his position as a President of the company, effective on that date. Mr. Byrne served as a President of the Company from April 19, 2021 to December 6, 2021, and remains a member of the Company’s Board, and has served in such capacity since April 19, 2021. Mr. Byrne’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On December 6, 2021, the Board approved the change in position of Bill Chaaban from a co-President of the Company to the sole President of the Company. Mr. Chaaban is currently the Chief Executive Officer of the Company as well as Chairman of the Company’s Board.