Vita Life Sciences Limited announced at its meeting of Directors held on October 12, 2016, effective immediately Mr. Vanda Gould stepped down as Chairman of the Board. Mr. Gould will continue his involvement with the company as a non-executive Director. The company's executive Director, Mr. Henry Townsing was appointed Acting Chairman.

Mr. Andrew O'Keefe, who is presently CEO of the company's Australian operations, was appointed Acting Managing Director of the company, effective 24 October 2016 and will become the Managing Director from 1 January 2016, upon the retirement of Mr. Eddie Tie. Mr. Eddie Tie, will be on long service leave from the 24 October to December 2016. Mr. Tie will retire as the company's Managing Director effective the 31 December 2016.