Effective June 1, 2019 Mark Holcombe resigned as the President and Chief Financial Officer of Trident Brands Incorporated. He will continue to serve as a director and senior advisor to the Company. Scott Chapman, the company director and Chair of Corporate Governance Committee was concurrently appointed President.

Mr. Chapman will step down as Chair of its Audit Committee due to the loss of independence resulting from his appointment. Peter Salvo, the Vice President, Finance, Corporate Secretary, and Controller of the Company assumes the positions of Principal Financial Officer and Principal Accounting Officer. Scott Chapman is an investment professional with over 20 years of experience both in Canada and internationally.

Mr. Chapman has acted as senior partner with Lines Overseas Management (Bermuda, Bahamas); and in institutional, retail sales with Midland Walwyn (Montreal, Quebec). Across numerous financial sectors, Mr. Chapman's responsibilities have included corporate finance, venture capital, institutional and retail sales. Peter Salvo is a professional accountant with over 25 years of experience in manufacturing, most notably in the automotive industry.

Mr. Salvo has served in many capacities, most recently as controller and finance manager with Meritor Suspension Systems Company for 14 years. He has also worked for Rockwell International for 11 years as Manager of Financial Analysis. Mr. Salvo has extensive financial management experience and served as a key member of various management teams.