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DEFSEC TECHNOLOGIES — Board/Management Information 2023
Mar 2, 2023
47553_rns_2023-03-02_b3d2530a-be8a-401d-81a3-ea79b3a0b354.pdf
Board/Management Information
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Form 51-102F3 Material Change Report
1. Name and Address of Company
KWESST Micro Systems Inc. (“KWESST” or the “Company”) 155 Terence Matthews Crescent, Unit #1 Kanata, ON, K2M 2A8
2. Date of Material Change
March 1, 2023
3. News Release
A news release disclosing the material change was released by KWESST through NewsFile Corp. on March 2, 2023, and a copy was subsequently filed under the Company’s profile on SEDAR at www.sedar.com.
4. Summary of Material Change
KWESST announced that that its Chief Financial Officer (CFO), Steven Archambault, will be stepping down as CFO of the Company.
5. Full Description of Material Change
5.1. Full Description of Material Change
KWESST announced that that its Chief Financial Officer (CFO), Steven Archambault, will be stepping down as CFO of the Company to pursue a new opportunity overseas, but has committed to remaining with KWESST as CFO until April 3, 2023, and to assist the Company thereafter to ensure a smooth transition.
5.2. Disclosure for Restructuring Transactions
Not applicable
6. Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable
7. Omitted Information
Not applicable
8. Executive Officer
For further information, please contact Steve Archambault, CFO at (613) 319-0537.
9. Date of Report
- March 2, 2023