Verbrec Limited announced a change to its Key Management Personnel. Verbrec's Chief Financial Officer, Michael Casey has informed the Board of his desire to pursue a new career opportunity as CFO of a healthcare company set to undertake an initial public offering. Mr. Casey has thus tendered his resignation to Verbrec's Chief Executive Officer, Mark Read.

The Board will initiate a comprehensive search process to identify a suitable replacement for the CFO role. To ensure a smooth transition of his responsibilities, Mr. Casey will oversee the preparation and finalisation of the FY23 year-end accounts and related audit prior to his departure. The Board plans to appoint an interim CFO as soon as reasonably practicable to facilitate a comprehensive handover of duties prior to Mr. Casey's departure.