Directorate Change

BOS GLOBAL Holdings Limited

ACN 009 087 852

AIM Release

31st May 2017

BOS GLOBAL Holdings Limited ("BOS GLOBAL" or "the Company") (AIM: BOS), the software developer focused on improving productivity and creating operational efficiencies in the workplace by collecting and generating workplace analytics, is pleased to announce, with immediate effect, the following Board changes as part of a Board restructuring aimed at best equipping the Company for its next phase of targeted growth.

Mr David Ireland, an existing Independent Non-Executive Director of BOS GLOBAL, will take over the role of Independent Non-Executive Chairman, replacing Mr Larry Shutes who has resigned as the Company's Independent Non-Executive Chairman to focus on other interests. The Company thanks Mr Shutes for his services and wishes him the best for his future endeavours. Mr Murray Bergin has also resigned as a director of the Company in order to focus on his key senior management team responsibilities for BOS GLOBAL. There are no other changes to the Company's Board.

As part of the Board restructuring the Company also intends to identify and appoint an additional Independent Director and a Financial Director. Updates will be provided in due course.

**ENDS**

For further information please visit www.bosglobal.com or contact:

About BOS GLOBAL 

BOS GLOBAL is a Software Company dedicated to making workplaces more productive. 

It does this through its patented platform built to capture and analyse activities as a smart way to help individuals to achieve greater levels of workplace efficiency.

The platform known as BOS360 Work Patterns Platform as a Service ('BOS360 PaaS'), launched in May 2017, is unique in its ability to digitally render real time views of productivity in the form of Work Patterns at an individual, team or organisation level. 

The platform comprises of three main business competencies;

1. Workplace Automation - How digital information (records and documents) is managed in the workplace.

2. Workplace Productivity - How people are spending their time at work

3. Workplace Integrity - How workplace information is secured and validated.

Each of these competencies are supported by a range of enterprise grade software products designed to perform a specific set of workplace functions. These products also act as both collectors and feeders of information to the BOS360 PaaS for use in the generation of Work Pattern reports and Workplace Analytics.

In addition to BOS Meet and BOS Automate, which were launched in December 2016 and January 2017 respectively, BOS Time will be launched this month in tandem with BOS360 PaaS.

BOS GLOBAL aims to generate re-occurring income through subscriptions of its BOS360 PaaS and supporting products, as well as through licensing of its patented Work Pattern technology. The Company's sales strategy is focussed on building a global distribution partner network via Enterprise Software Vendors, Professional Services organisations and Consulting Practices.

The Company has a 40% equity interest in Call Design Pty Ltd, a profitable, Australian based, global provider of workforce optimisation tools, focused particularly on call centre services, which has an established blue chip client base. This highly synergistic investment is expected to provide multiple cross-selling opportunities to both companies in line with BOS GLOBAL's strategy to deliver a comprehensive business optimisation offering globally. This investment includes the 1st Rights of Offer and Refusal for BOS to acquire the balance of Call Design on the same financial terms as the initial 40% investment

Call Design sets a new standard for Workplace Optimisation, while BOS GLOBAL's software sets a new standard for Workplace Efficiency. Both products will be offered through BOS360 PaaS, setting a new standard for Workplace Analytics to give companies greater control in making informed, fact-based decisions on their operational activities; Workforce Analytics is a combination of software and methodology that applies statistical models to worker-related data, allowing enterprise leaders to optimise human and machine resources.

BOS GLOBAL Holdings Limited is an AIM listed company incorporated in Australia, operating from offices in Melbourne, Sydney and Brisbane. The Company also has a regional office in Hong Kong, responsible for the Asia-Pacific region and processing of large scale enterprise product sales with a greater than US$20 million revenue stream over an initial three-year contract term. Such deals include acquisitions and investments like the size of Call Design.

The Company is working towards its expanded London Office with its planned move of both Corporate and Board function to London in late 2017. Further, plans are well underway to increase its representation in Europe, the Middle East and Africa (EMEA) and North America with that of Call Design, and with offices on track to be established in 2017 in London and San Francisco respectively.

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").