On March 5, 2020 the board of directors of Exactus, Inc. unanimously approved the appointment of Derek Du Chesne to the additional position of President of the Company. Prior to this appointment, Mr. Du Chesne served as Chief Growth Officer since February 2020, a newly-created position. Emiliano Aloi, who previously served as President and Interim Chief Executive Officer, will continue to serve as Interim Chief Executive Officer of the Company. Derek Du Chesne, age 32, was the Chief Growth Officer for EcoGen Laboratories, since January of 2019. He was a consultant for EcoGen prior to becoming a partner at the company. Mr. Du Chesne is a brand management professional who has a proven track record of success through concept, development, and launch, building iconic brands by orchestrating successful campaign deployment on both a global and regional scale. Mr. Du Chesne is expected to assume the position of President following completion of an ongoing restructuring of the Company.