AgriForce appoints Mauro Pennella as CMO and President of AgriForce Brands

AVAX ONE TECHNOLOGY LTD.

Mauro Pennella named Chief Marketing Officer and President of AgriForce Brands effective July 15, 2021.
Base salary of CDN$350,000 per year, subject to annual review; may increase but not decrease.
Annual stock grant of CDN$150,000 in common shares, issued quarterly at VWAP over prior 5 trading days.
Eligible for annual cash bonus up to 100% of base salary based on Board-set performance targets.
Pennella brings 30+ years CPG experience; most recently Chief Growth & Sustainability Officer at McCain Foods.

item 1.01 item 5.02 item 9.01

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Appointed

Mauro Pennella

Chief Marketing Officer and President of its AgriForce Brands division

AVX · AVAX ONE TECHNOLOGY LTD.

Effective: 2021-07-15
Filed: July 21, 2021, 7:59 PM ET

Effective July 15, 2021, the Board of Directors of AgriForce Growing Systems, Ltd. (the “Company”) appointed Mauro Pennella as its Chief Marketing Officer and President of its AgriForce Brands division.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mauro Pennella was appointed as Chief Marketing Officer and President of its AgriForce Brands division at AVAX ONE TECHNOLOGY LTD..

Action: appointed
Role: Chief Marketing Officer and President of its AgriForce Brands division

Exact text from the filing

Effective July 15, 2021, the Board of Directors of AgriForce Growing Systems, Ltd. (the “Company”) appointed Mauro Pennella as its Chief Marketing Officer and President of its AgriForce Brands division.

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Source: SEC EDGAR

accession 0001493152-21-017447

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