Arrival announced that Mr. Denis Sverdlov is concurrently stepping down from his role as Chief Executive Officer and has been appointed as Chairman of the Board in the place of Mr. Cuneo who has resigned from the Board and the Audit Committee in order to focus on his duties as Interim CEO. Mr. Cuneo will continue to attend Board meetings as an observer. Mr. Avinash Rugoobur resigned as President and Chief of Strategy on 22 November, 2022 for personal reasons, but will remain a Board member.

Mr. Rexford Tibbens will assume the role of Chairman of the Company's Strategic Planning and Operations Committee, which will work closely with management and focus on achieving key milestones across all divisions of the Company, including fundraising.