Helen Wiseman Appointed Chair of the Elixinol Global Board

Ms Wiseman is an Experienced Leader with Extensive International Experience.

Elixinol Global Limited (ASX:EXL) is pleased to announce that Ms Helen Wiseman has been appointed Chair of the Elixinol Global Board, effective immediately, and that Mr Paul Benhaim will move into a Non-Executive Director role.

Ms Wiseman joined the Elixinol Global Board as Non-Executive Director in April 2020. She is an audit committee specialist with extensive international experience in food, pharmaceuticals, natural healthcare, professional services and manufacturing industries. She has chaired the group and regional audit committees of major JSE-listed Bid Corporation since 2016 and of the Bidvest international foodservice business from 2011 – 2016. As a former partner of KPMG and previously named as one of the 2014 Australian Financial Review and Westpac 100 Women of Influence, Ms Wiseman brings diversity and seasoned governance skills to the role of Chair.

I am very proud to see a woman leading our board.Oliver Horn, Group CEO, Elixinol

At Elixinol Global's Annual General Meeting on 30 July 2020, Mr Benhaim noted his intention to transition away from the role of Chairman once a suitable replacement was found.

Since joining the Board, Ms Wiseman has shown strong leadership capability in the areas of corporate governance and board strategy. Given her familiarity with Elixinol Global's operations and performance to date, Ms Wiseman has been selected as Chair to lead Elixinol Global through its next phase of growth. Since joining the Elixinol Global board in April 2020, Ms Wiseman has Chaired the Company's Audit & Risk Committee and the Remuneration & Nomination Committee. Ms Wiseman will continue to Chair the Audit & Risk Committee and Mr Benhaim will step into the role of Chair of the Remuneration & Nomination Committee, effective immediately.

As founder of the Company, with deep experience in the industry, Mr Benhaim will continue to bring invaluable insights to Elixinol Global and the Board. He commented: "I am delighted that Helen has agreed to be appointed Chair of the Elixinol Global Board."

Helen's in-depth experience will continue to be a great asset as we navigate complex and dynamic global regulatory environments.Paul Benhaim, Non-Executive Director, Elixinol

New Chair, Helen Wiseman commented, "I am very pleased to be transitioning into the role of Chair following what has been an important few months for Elixinol Global. Since joining in April, I've worked with the team to aggressively reposition the company, resetting our strategy to focus on e-commerce and higher margin, branded products while reducing costs and
preparing to take advantage of the wellness interest that is emerging through the current macro-environment. We move forward with a very positive platform for generating further
improved performance."

Group CEO Mr Oliver Horn said: "Since joining, Helen has had an incredibly positive impact on our global business. Her board and large firm partner experience has been invaluable. She has brought a new level of compliance thinking to EXL global which is essential as we position ourselves to a trusted global nutraceuticals consumer business. On a personal level and being passionate about diversity, I am very proud to see a woman leading our board."

Elixinol Global continues to focus on Board renewal and plans to add another independent director to its Board with extensive commercial industry experience in the US or Europe and ideally a track record within the e-commerce sector.

To find out more about Elixinol Global, visit their company HQ here.

Disclaimer: Past performance is not an indicator of future performance.

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Mikayla Chadwick
Mikayla Chadwick

Mikayla Chadwick is a Melbourne-based writer, focused on human and legal rights, global affairs and popular culture. Mikayla holds a Bachelor of Arts Degree and is currently completing a research degree in sex work policy reform.

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