Reklaim Ltd. announced that it has appointed Andrew Elinesky CPA, CGA, and FCCA (UK) as an additional director of the Company, effective September 1, 2022. Mr. Elinesky will hold the position of director until the Company's next annual general meeting, where he will stand for election by shareholders. As a result, the Company's board of directors (the "Board") now consists of six members, of which three are independent.

Mr. Elinesky is the former Chief Financial Officer of the Company and has operated in the capital markets and finance industry for over 20 years. Mr. Elinesky brings extensive experience leading corporate strategy and financial management for NYSE and TSX listed organizations, including capital investment, multi-million-dollar debt, and equity financings, asset acquisitions, and company mergers and acquisitions.