• Founder and CEO Joshua Fegan resigns with immediate effect
• Barry Katzman appointed as Interim CEO, brings extensive industry experience
• Fegan to remain available during transition period to support handover

Althea Group Holdings Limited (ASX:AGH), a leading FMCG organisation specialising in the manufacturing, sales, and distribution of THC beverages, announces that Mr. Joshua Fegan has resigned from his positions as Chief Executive Officer and Director of the Company, with immediate effect. Mr. Fegan is the founder of AGH and has served as CEO since its inception. During his tenure, he has played a pivotal role in contributing to the uptake of medicinal cannabis in Australia and the UK, helping to expand patient access and education through Althea's early market leadership. He was also instrumental in the Company's entry into the THC beverage markets in Canada and the US. The Board thanks Mr. Fegan for his vision, leadership, and significant contribution over many years and acknowledges his role in building AGH into a recognised and innovative company within the global cannabis sector. Mr. Fegan will remain available to the Company during a transition period to support handover arrangements. The Board has appointed Mr. Barry Katzman as Interim CEO. Mr. Katzman has been leading Peak Processing Solutions for the past two and a half years, during which the Company tripled its revenues. With over two decades of experience in ownership, C-suite, and senior leadership roles within the North American alcoholic beverage industry, and now at the forefront of the THC beverage industry, Mr. Katzman brings deep expertise to the role. Prior to becoming Managing Director at Peak Processing Solutions, he also served as Executive Chairman of Thrive Cannabis. The Board will consider the appropriate permanent arrangements in due course.