Freehold Royalties CFO Shaina Morihira to resign May 15

Freehold Royalties Ltd. (TSX: FRU) announced that Chief Financial Officer Shaina Morihira has submitted her resignation, effective May 15, 2026.

Morihira, who holds the title of Vice President, Finance and Chief Financial Officer, will remain with the Calgary-based energy royalty company until her departure date to ensure a smooth transition of responsibilities. She will oversee the filing of the company's first quarter 2026 financial results on May 12, 2026.

"During her tenure, she played a meaningful role as we transitioned into a fully staffed independent organization," said David Spyker, President and Chief Executive Officer, in a statement. "She supported key strategic initiatives and led with a strong focus on collaboration and strengthening organizational capabilities."

The company has initiated a formal search for Morihira's replacement through an executive search firm. Freehold stated it has a strong accounting and financial reporting team in place to support operations during the transition period.

Freehold Royalties operates as a North American energy royalty company with approximately 6.0 million gross acres in Canada and approximately 1.2 million gross drilling acres in the United States.

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