On April 3, 2023, Matthias A. Krön, a member of the Board of Directors (the “Board”) of AXIOS Sustainable Growth Acquisition Corporation (the “Company”), notified the Company that he will resign from the Board, effective immediately. Mr. Krön's resignation is not due to any disagreement with the Company, the Company's management, or the Board on any matter relating to the Company's operations, policies or practices.