Globe NewswireOther News

RevoluGROUP Canada Inc. Announces Leave of Absence for Chairman Bernard Lonis

46

Vancouver, BC, May 13, 2024 – RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2), (Munich: A2PU92) (the “Company”) today announced that its Chairman of the Board, Bernard Lonis, will be taking a leave of absence due to health reasons. Mr. Lonis has been hospitalized this week following one planned and one unplanned surgery and will remain under medical care for an unspecified period.

The Board of Directors is currently deciding who will act as interim Chairman. Bernard Lonis has been with RevoluGROUP Canada Inc. since February 22nd, 2018, and has played a pivotal role in ensuring the Company’s continued progress.

We ask that the privacy of Mr. Lonis and his family be respected during this time.

The Company will continue executing its strategic plan and focusing on delivering shareholder value.

RevoluGROUP Canada Inc. remains committed to transparency and will provide updates as more information becomes available.

Planned Call between Ex-CEO Marshall & Chairman Lonis

As a result of Mr. Lonis’s hospitalization, the prearranged call from Marshall did not occur at 5 pm CET on Friday, May 10th. It is unknown when a future phone call will happen due to the early stage of Mr. Lonis’s medical diagnosis and indeterminate availability.

Member