AERWINS Technologies Inc. announced that on August 24, 2023, the Board of Directors of the Company appointed Yinshun (Sue) He as the Company?s Chief Financial Officer to succeed Kensuke Okabe. Ms. He had been providing accounting services to the Company since June 2023 and will continue to provide such services to the Company in addition to her role as its CFO. In addition to her work for the Company, since November 2020, Ms. He has been the Chief Financial Officer and a director of The Yumy Candy Company Inc., a Canadian Securities Exchange listed company that develops gelatin-free, low sugar plant-based confectionery.

Since November 2019, Ms. He has been an accountant at Global Health Clinics Ltd., a telehealth care company that connects patients with an online network of health care providers. Previously, Ms. He served as the controller for a private accounting firm that specialized in full cycle accounting and assurance services. Ms. He earned her bachelor of business administration degree in accounting from Kwantlen Polytechnic University and holds the professional designation of chartered professional accountant (CPA) in Canada.

Effective August 24, 2023, Mr. Okabe resigned as the Company?s Chief Financial Officer. The resignation was not the result of any disagreement with the Company on any matter relating to the Company?s operations, policies or practices.