The new board brings deep expertise in finance, sustainability, strategic partnerships, and international operations as the company prepares for its next phase of expansion.

Vancouver, BC — April 2, 2026 — ChopValue is entering its next chapter with a newly appointed Board of Directors to support an ambitious path forward, with a clear focus on scaling circular solutions through new circular material innovations and strategic partnerships with enterprises looking to embed Microfactories into their operations.

Lani Tao has been appointed Chair of the Board, stepping into the role after contributing as a board member since 2021. She brings over 15 years of international experience spanning strategic partnerships, sustainability, and workplace transformation, including leadership roles at Nexus Global Asia, Steelcase, and Kering, where she advised multinational organizations and led regional initiatives in inclusion and organizational strategy. She succeeds Jeanette Jackson, who helped guide the company through a defining period refining strategy, and setting the foundation for continued growth.

Katrina Shum joins the Board, bringing over 20 years of experience in sustainability and corporate responsibility across retail, manufacturing, CPG, food & beverage, and hospitality. With a track record of building environmental and social programs that drive brand value and resilience, she has held leadership roles at organizations including Lush Cosmetics and Aramark. Her expertise strengthens the Board’s ability to integrate sustainability and impact into core business strategy as the company continues to grow.

Kevin Forbes also joins the Board, bringing over three decades of financial leadership experience. As a CPA, he has raised more than $100 million in venture and private equity funding and led multiple M&A transactions. He builds on the foundation established by Markus Weiss, who played an important role in shaping the company’s early financial structure and model. As ChopValue enters its next phase, Kevin’s experience supports a greater focus on capital strategy, potential funding opportunities, and strategic M&A to accelerate growth.

Andy Burt remains on the Board, having joined ChopValue as President after founding and scaling Jadon Outdoors, Inc., a leading OEM manufacturer of outdoor furniture and decor . Over the past 18 years, he has grown strategic partnerships with major retailers including Home Depot, Lowes, Tim Hortons, and Burger King. Andy has played a key role in driving ChopValue’s global expansion and local manufacturing initiatives in North America and beyond.

Felix Böck, Founder and CEO of ChopValue, continues to serve on the Board, bringing a strong entrepreneurial foundation and technical expertise in circular manufacturing. With a background in wood and bamboo composite engineering, as well as factory layout and process planning, he has built a global network of decentralized Microfactories designed to make the circular economy part of everyday manufacturing. Under his leadership, ChopValue has developed a system that transforms waste into high-performance materials, with continued expansion into new under-utilized resource streams across urban and industrial environments.

“We are equipping ourselves with the right, global representation for our brand” said Felix Böck, Founder and CEO of ChopValue. “It takes the right systems, the right partners, and the right leadership to bring it to life locally, again and again. Appointing a new, and diverse group to the existing foundation we have built on board level gives us the confidence to move into this next phase with real momentum.”

The Board brings together a complementary set of perspectives that reflects the complexity of scaling circular systems globally. It combines strong financial discipline with hands-on experience in market growth, alongside technical expertise that advances MVP’s material platform. This is further strengthened by operational insight that ensures solutions are delivered with a consistently high standard of quality and customer service, across diverse global markets.

“I’ve been fortunate to work with ChopValue as an independent board director since 2021, and have seen firsthand how strong governance and the right board composition can accelerate impact,” said Lani Tao, Chair of the Board. “The role of the board is not just oversight, but to actively strengthen the leadership team—bringing diverse perspectives, asking the right questions, and ensuring clear accountability. I look forward to supporting ChopValue’s next phase of growth and impact, both locally and globally.”

With a strengthened governance structure, ChopValue is positioned to accelerate adoption across key industries. By aligning enterprise demand with localized production and ongoing material innovation, the company is working to embed circular solutions into everyday operations across global markets.

About ChopValue

ChopValue is the world’s first circular economy franchise for commercialized decentralized manufacturing, with operations in 10 countries and over 80 Microfactories in development to create local impact on a global scale. Founded in 2016, ChopValue’s urban harvesting approach has diverted over 250 million chopsticks from the landfill. This under-utilized resource is engineered into climate positive wood alternative products with zero trade offs to quality or design for homes, restaurants, and businesses. ChopValue serves as a blueprint for a viable circular economy, showcasing the potential of hyperlocal business operations to drive impactful change. To learn more about their resource-efficient impact for a carbon negative future, please visit www.chopvalue.com.

ChopValue is part of the Microfactory Venture Platform (MVP) Group, committed to prioritizing climate positive materials and products whenever and wherever possible.

About MVP

MVP (Microfactory Venture Platform) is redefining global manufacturing with a hyperlocal approach, utilizing a decentralized network of Microfactories to achieve net-zero production goals. With a mission to invest in untapped resource streams, progressive technology, and market development for sustainable commercialization of circular products, MVP harnesses circular design principles to transform under-utilized resources into value-engineered end products. The platform prioritizes purpose and the planet, without compromising its superior product performance for carbon storage. This maximizes the viability of a circular product economy while empowering people — the Most Valuable Players — in our communities. To learn more about how MVP is leading the change towards a circular economy, offering scalable solutions that promote responsible resource management, please visit www.builtbymvp.com.

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