On February 27, 2017 Aware, Inc. announced that Richard P. Moberg, co-Chief Executive Officer and co-President, Chief Financial Officer and Treasurer, and a member of the Board of Directors of the company was resigning as co-Chief Executive Officer and co-President, Chief Financial Officer and Treasurer, effective March 3, 2017, citing a desire to retire. Moberg will continue to serve as a member of the Board of Directors of the company. The Board of Directors of the company appointed Kevin T. Russell, the company co-Chief Executive Officer and co-President, General Counsel and a member of the Board of Directors of the company to serve as Chief Executive Officer, President and General Counsel, effective March 3, 2017.

Russell will continue to serve as a member of the Board of Directors of the company. Russell has been with the company since April 2000 and has served as the company co-Chief Executive Officer and co-President, General Counsel since April 2011. The Board of Directors of the company also appointed David J. Martin, Aware's Controller to serve as Chief Financial Officer and Treasurer, effective March 3, 2017.

Mr. Martin has served as Aware's Controller since October 2006 and previously served as Aware's Controller from October 1996 to October 2005.