• Shareholders requested to remove directors Giglia, Malone, Nicholas and Gordon
• Board recommends voting against removing Giglia and Malone, but for removing Nicholas and Gordon
• Proposal to reduce maximum board size to improve stability and effectiveness

Skin Elements Ltd has received requests from shareholders Kingsbury Wealth and Sovereign Equities to call an extraordinary general meeting to consider resolutions to remove several directors. The board is recommending that shareholders vote against the resolutions to remove directors Filippo (Phil) Leone Giglia and Dr Peter Francis Malone, the company's chairman and founder, as the board considers their experience and continuity to be critical to the company's ongoing success. However, the board is recommending that shareholders vote for the resolutions to remove directors Roderick Anthony Nicholas and Joshua Gordon, who were recently appointed to the board. The board believes the removal of Messrs Nicholas and Gordon will help restore continuity, stability and effective working relationships at the board level, reducing the risk of ongoing disruption and allowing the board to focus on delivering long-term value to shareholders. The company has also proposed a resolution to amend the constitution to reduce the maximum number of directors, which the board believes will improve the effectiveness of the board's decision-making. Overall, the board is seeking shareholder support to continue running the company in the best interests of all shareholders and maximise shareholder value.