Leadership Transition: Subsequent Resignation

1:05 PM EDT 3/28/2024 - Comtex

Mar 28, 2024 (TheNewswire.ca via COMTEX News Network) -- (via TheNewswire)

Montreal - TheNewswire - March 28, 2024 - ZeU Technologies, Inc. (CSE:ZEU) (OTC:ZEUCF) would like to disclose that, with immediate effect, Mr. Mark Anthony Billings has resigned from his position as Chief Financial Officer (CFO) and will vacate the seat he occupied on the Company's board of directors.

"I would like to personally thank Mark for his dedication in remaining with us through the critical phase of defining a new strategic direction. (...) My team and I have curated a short list of candidates and a comprehensive personnel strategy, which will be rolled out thoughtfully and in stages. Recognizing the significant impact of personnel changes on the Company's business plan and strategic focus, we are committed to making these adjustments with a measured approach, ensuring a stable foundation for our new orientation. (...) We look forward to announcing our new CFO in April, followed by the introduction of new members to our Board of Directors in parallel and later on," commented Ryan Gibson, President and CEO of ZeU.

ON BEHALF OF THE BOARD OF DIRECTORS

"Ryan Gibson"

Ryan Gibson, President & CEO

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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COMTEX_449981769/2453/2024-03-28T13:05:46