Company: COOT
Filing Date: 2025-05-06
Form Type: 8-K
Source: 0001641172-25-008863
Chunk: 0

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-06
Form: 8-K
Item: Item 5.02
Chunk 0
---
Item 5.02      Departure of Directors                      

Resignation
of Menaka Athukorala.

On
May 1, 2025, Mr. Menaka Athukorala tendered his notice of retirement and resignation from the Board of Directors of Australian Oilseeds
Holdings Limited, a Cayman Islands exempted company (the “ Company”), effective as of May 1, 2025. Mr. Athukorala’s
resignation included resignation from the Audit Committee and as Chair of the Nominating and Corporate Governance Committee. Mr. Athukorala’s
resignation was not the result of any dispute or disagreement with the Company or the Company’s Board of Directors on any matter
relating to the operations, policies or practices of the Company.

Election
of Phaneesh Murthy.

At
the recent 2025 Annual Meeting of the shareholders of the Company, Mr. Phaneesh Murthy was elected to the Board of Directors of the Company.
The Board of Directors anticipates naming Mr. Murthy to serve on the following committees of the Board of Directors: (i) the Audit Committee
and (ii) as Chair of the Nominating and Corporate Governance Committee.

Phaneesh
Murthy brings nearly four decades of experience to the Company as an industry leader over his business career. Having successfully structured
and managed large outsourcing deals for Fortune 500 companies, Phaneesh remains a vital asset to any business venture he pursues. Today,
Mr. Murthy has been an active consultant for a strategy consulting firm he founded called Primentor, Inc., a consulting firm providing
expertise in the areas of IT spending, business strategies, and restructuring. Aside from Primentor, Inc., Mr. Murthy further offers
his expertise on the Advisory Board to the private equity fund, Partners Group and is an operating partner with New State Capital Partners
LLC. Mr. Murthy contributes and focuses on areas of technology, business services, and BPO-related opportunities.

Mr.
Murthy joined iGATE as its CEO in 2003 and was its CEO until 2013 where he restructured a loss making company to a highly profitable
company and took revenues up from close to nothing to about $1.2 billion, putting iGATE on the map of global outsourcers. From 1995 to
2002 Phaneesh served as Worldwide Head of Sales and Marketing, Communications, and the Product Solutions Group of