On June 22, 2023, Bubs Australia Limited announced that it has received a notice on June 2, 2023 from a group of shareholders to requisition a general meeting of the Company in which the requisitions are asking shareholders to remove the Company’s 3 independent non-executive directors, Katrina Rathie, Paul Jensen and Reg Weine, and the fourth non-executive director, Steve Lin. The board has considered the requisitions’ proposed resolutions and unanimously recommends voting against all resolutions to remove and replace the existing directors.