On January 16, 2023, Mr. Steve Brandt provided notice of his resignation from the Board of Directors (the Board") of Nuwellis, Inc. (the Company), effective immediately. Mr. Brandt's resignation was not the result of any disagreement with the Company regarding the Company's operations, policies or practices. Jon W. Salveson, a current director of the Company, was appointed to the Audit Committee of the Board.

As a result, the Audit Committee of the Board currently consists of Gregory D. Waller, Warren S. Watson, and Jon W. Salveson.