TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF), a health-tech company that leverages advancements in science and technology to enable you to find your path to wellness, today announced that the Board of Directors (“Board”) has implemented changes to the Company’s compensation plan for non-employee directors. The changes are part of a review conducted by the Compensation Committee, driven by shifts in the Company’s asset portfolio, evolving industry practices, good corporate governance practices, and shareholder feedback. The changes made serve to better align the compensation of our directors with the interests of the Company and its shareholders, and support the focus on innovation, cash flow generation, and capital returns.
Lifeist’s Board Modifies Non-Employee Director Compensation Structure to Better Align with the Company and its Shareholders
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