TORONTO, March 15, 2024 /CNW/ - Dye & Durham Limited ("Dye & Durham" or the "Company") (TSX: DND) announced today that, (i) the Chair of the Company's board of directors (the "Board"), Brian Derksen will not seek re-election at the Company's next annual meeting of shareholders (the "AGM"), and (ii) effective at the Board's next quarterly meeting (the "Q3 Meeting") to approve its third quarter financial results, Colleen Moorehead, a current member of the Board, will assume the position of Chair. Mr. Derksen will work closely with Ms. Moorehead over the coming weeks to facilitate an orderly transition in advance of the Q3 Meeting. In addition, in the event that the Company is able to identify a suitable board candidate in advance of its AGM, Mr. Derksen has advised the Board that he is willing to step down from the Board to allow such a candidate to join the Board in advance of the AGM.