Cycliq Group Limited announced that Mr. Paul Claessen and Mr. Ben Hammond will be stepping down from their positions as Co-Chief Executive Officers of the Company, effective 15 February 2021. The inventor and designer of the AIRhub, Mr. Michael Freiberg, will join the Company as Chief Product Officer, taking on responsibility for all Cycliq's suite of products in addition to the ongoing commercialisation of AIRhub. Michael's technical and manufacturing expertise together with his background as an elite level cyclist will add significant depth to the Cycliq team.