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Planet Based Foods Announces New Management and Board Changes

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Planet Based Foods Global Inc. (PBFFF) has announced significant changes to its executive leadership team and board of directors. Sigal Shapira has been appointed as CEO, President, and Director, bringing nearly 20 years of international business experience in trade, marketing, and business development. Emrah Petorak joins as CFO, while Evelyne Batamuliza and Lauren Camp have been appointed to the Board, with Batamuliza serving as Chairwoman. The new appointments coincide with the departure of Theodore Cash Llewellyn from his positions as CEO and Interim CFO, along with Kevin Vines' resignation from the Board. The company aims to focus on providing sustainable food ingredients and empowering women-led farming communities globally.

Planet Based Foods Global Inc. (PBFFF) ha annunciato importanti cambiamenti nel suo team esecutivo e nel consiglio di amministrazione. Sigal Shapira è stata nominata CEO, Presidente e Direttrice, portando con sé quasi 20 anni di esperienza internazionale nel commercio, marketing e sviluppo commerciale. Emrah Petorak entra come CFO, mentre Evelyne Batamuliza e Lauren Camp sono state nominate nel Consiglio, con Batamuliza nel ruolo di Presidente. Queste nomine avvengono contestualmente all'uscita di Theodore Cash Llewellyn dalle cariche di CEO e CFO ad interim, e alle dimissioni di Kevin Vines dal Consiglio. L'azienda si propone di concentrarsi sulla fornitura di ingredienti alimentari sostenibili e sul supporto alle comunità agricole guidate da donne a livello mondiale.

Planet Based Foods Global Inc. (PBFFF) ha anunciado cambios significativos en su equipo ejecutivo y junta directiva. Sigal Shapira ha sido nombrada CEO, Presidenta y Directora, aportando casi 20 años de experiencia internacional en comercio, marketing y desarrollo empresarial. Emrah Petorak se incorpora como CFO, mientras que Evelyne Batamuliza y Lauren Camp han sido designadas para la Junta, con Batamuliza como Presidenta. Estos nombramientos coinciden con la salida de Theodore Cash Llewellyn de sus cargos como CEO y CFO interino, junto con la renuncia de Kevin Vines a la Junta. La compañía busca enfocarse en ofrecer ingredientes alimentarios sostenibles y en empoderar a comunidades agrícolas lideradas por mujeres a nivel global.

Planet Based Foods Global Inc. (PBFFF)는 경영진과 이사회의 주요 변동 사항을 발표했습니다. Sigal Shapira가 CEO, 사장 및 이사로 임명되어 무역, 마케팅, 사업 개발 분야에서 약 20년간의 국제 경험을 보유하고 있습니다. Emrah Petorak가 CFO로 합류했으며, Evelyne BatamulizaLauren Camp가 이사회에 임명되었고, Batamuliza가 의장직을 맡았습니다. 이번 임명은 Theodore Cash Llewellyn이 CEO 및 임시 CFO 자리에서 물러나고 Kevin Vines가 이사회에서 사임한 것과 동시에 이루어졌습니다. 회사는 지속 가능한 식품 재료 제공과 여성 주도의 농업 공동체 지원에 주력할 계획입니다.

Planet Based Foods Global Inc. (PBFFF) a annoncé des changements majeurs au sein de son équipe de direction et de son conseil d'administration. Sigal Shapira a été nommée PDG, Présidente et Administratrice, apportant près de 20 ans d'expérience internationale en commerce, marketing et développement commercial. Emrah Petorak rejoint l'entreprise en tant que Directeur financier, tandis que Evelyne Batamuliza et Lauren Camp ont été nommées au conseil, Batamuliza assumant la présidence. Ces nominations interviennent alors que Theodore Cash Llewellyn quitte ses fonctions de PDG et de Directeur financier par intérim, et que Kevin Vines démissionne du conseil. L'entreprise souhaite se concentrer sur la fourniture d'ingrédients alimentaires durables et sur l'autonomisation des communautés agricoles dirigées par des femmes à l'échelle mondiale.

Planet Based Foods Global Inc. (PBFFF) hat bedeutende Veränderungen in seiner Geschäftsleitung und im Vorstand bekannt gegeben. Sigal Shapira wurde zur CEO, Präsidentin und Direktorin ernannt und bringt fast 20 Jahre internationale Erfahrung in Handel, Marketing und Geschäftsentwicklung mit. Emrah Petorak tritt als CFO bei, während Evelyne Batamuliza und Lauren Camp in den Vorstand berufen wurden, wobei Batamuliza den Vorsitz übernimmt. Diese Ernennungen erfolgen zeitgleich mit dem Ausscheiden von Theodore Cash Llewellyn als CEO und Interim-CFO sowie dem Rücktritt von Kevin Vines aus dem Vorstand. Das Unternehmen will sich auf die Bereitstellung nachhaltiger Lebensmittelzutaten und die Stärkung von frauengeführten Landwirtschaftsgemeinschaften weltweit konzentrieren.

Positive
  • Appointment of experienced CEO with 20 years of international business expertise
  • Strengthened corporate governance with addition of two independent directors
  • Enhanced financial oversight with dedicated CFO appointment
  • Strategic focus on sustainable agriculture and AI solutions for manufacturers
Negative
  • Significant management turnover with departure of CEO/CFO and board members
  • Potential disruption in business continuity during leadership transition

Vancouver, British Columbia--(Newsfile Corp. - May 2, 2025) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) (the "Company"), a company that offers a diverse portfolio of sustainable food ingredients and innovative plant-based solutions, is pleased to announce several changes to its executive leadership team and board of directors (the "Board"), effective immediately.

Sigal Shapira has been named the Chief Executive Officer, President, and Director. Sigal is an accomplished international business professional with nearly 20 years of experience in trade, marketing, project management, and business development across diverse industries, specializing in turn-key project execution, high-value deal negotiations, and global market expansion. With a BA in finance, an MBA in marketing and international business, Sigal successfully led operations and teams across Europe, the Americas, and Asia. She is fluent in English and Hebrew and brings strong cross-cultural communication, strategic thinking, and a commitment to sustainable, value-driven trade practices. Emrah Petorak joins the company as Chief Financial Officer, poised to contribute his financial acumen to support the company's strategic goals.

We are thrilled to welcome Evelyne Batamuliza and Lauren Camp to the Board, with Ms. Batamuliza serving as Chairwoman. Ms. Batamuliza and Ms. Camp join as independent directors and will also contribute their expertise to the audit committee. Their appointments reflect our commitment to strengthening governance with diverse perspectives and robust oversight.

As part of this transition, Theodore Cash Llewellyn is stepping down from his current positions as Chief Executive Officer and Interim Chief Financial Officer. Kevin Vines and Theodore Cash Llewellyn are resigning from the Board. The Company extends its sincere gratitude to each of them for their service and contributions.

Sigal Shapira, Chief Executive Officer and President, stated, "I'm honored to step into the role of President and CEO at Planet Based Foods Global Inc. This is an exciting period for us to be involved in the global food industry by providing high-quality food ingredients sourced globally, especially through empowering women-led farming communities around the world. I look forward to working with our professional team in developing the company's new vision; promoting sustainable agriculture by providing the world with plant-based products that are beneficial to the ecosystems and regenerative agriculture, together with our efforts in providing AI solutions to manufacturers and growers."

About Planet Based Foods Global Inc.

The Company is dedicated to advancing the plant-based food industry through a diverse portfolio of sustainable food ingredients and innovative plant-based solutions that prioritize quality and environmental responsibility. Planet Based Foods Global Inc. is committed to upholding the highest standards of sustainability and fostering equitable partnerships that empower communities worldwide. With a focus on creativity and integrity, the Company provides products that align with evolving consumer values and contribute to a more sustainable food ecosystem.

Additional information about the Company is available on SEDAR+ (www.sedarplus.ca).

On Behalf of the Board
Sigal Shapira
CEO and President

Contact:
info@planetbasedfoods.com

Forward-Looking Statements

Certain statements included in this news release may constitute "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" under applicable Canadian securities laws (collectively, "forward-looking statements"). Such statements include those identified by the expressions "anticipate", "assume" "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events.

These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, development of the industry in which the Company operates; risks associated with the conduct of the Company's business activities; risks relating to reliance on the Company's management team and outside contractors; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; laws and regulations governing the industry in which the Company operates; operating or technical difficulties; employee relations, labour unrest or unavailability; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and other risk factors disclosed in the Company's public disclosure documents available on the Company's profile at www.sedarplus.ca.

Readers are cautioned against attributing undue certainty to forward-looking statements or forward- looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend and does not assume any obligation to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information other than as required by applicable law.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250691

FAQ

Who is the new CEO of Planet Based Foods (PBFFF)?

Sigal Shapira has been appointed as the new CEO, President, and Director of Planet Based Foods. She brings nearly 20 years of experience in international business, trade, marketing, and business development.

What major management changes were announced at Planet Based Foods (PBFFF) in May 2025?

The company announced Sigal Shapira as new CEO/President, Emrah Petorak as CFO, and appointed Evelyne Batamuliza (as Chairwoman) and Lauren Camp as independent directors. Theodore Cash Llewellyn stepped down as CEO/Interim CFO, and Kevin Vines resigned from the Board.

What is Planet Based Foods' (PBFFF) new strategic direction under the new management?

Under new management, the company will focus on providing sustainable food ingredients, empowering women-led farming communities globally, promoting sustainable agriculture through plant-based products, and developing AI solutions for manufacturers and growers.

Who are the new independent directors appointed to Planet Based Foods' (PBFFF) board?

Evelyne Batamuliza (serving as Chairwoman) and Lauren Camp were appointed as independent directors. Both will also serve on the company's audit committee.
PLANET BASED FOODS GLOBAL INC

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