CFO Stephen Ruffini to transition after 17 years; will lead M&A

Village Farms International, Inc.

Ruffini remains CFO until permanent replacement identified; will then assume new role leading M&A activities.
CEO DeGiglio states retained for strategic M&A; Ruffini calls it strongest financial position in history.
Company will immediately commence a formal search for a new Chief Financial Officer.
Transition is not due to any dispute or disagreement with the Company.

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