Cycliq Group Ltd. announced that by mutual agreement, the planned termination date for Paul Claessen and Ben Hammond, Co CEO’s of Cycliq Limited, has been brought forward to the close of business on 8 February 2021. Messrs. Claessen and Hammond will stay on in a consulting role for 1 month to provide a thorough transition to the incoming management team. Sarah Thorpe has recently joined the company in consulting roles to provide leadership, operational management, production and supply chain expertise, and strategic focus to the Company. It is anticipated that Sarah will transition to the CEO role over the coming month.