On February 18, 2022, the board of directors of B. Riley Principal 150 Merger Corp. appointed Timothy Presutti to the Board. Mr. Presutti was appointed to serve as a Class I director with a term expiring at the Company's first annual meeting of stockholders.

The Board appointed Mr. Presutti, who was determined to be an independent director as defined in the applicable Nasdaq listing standards, to the Board's Audit Committee. Mr. Presutti currently serves as managing partner and chief investment officer of Woody Creek Capital Partners LLC. Mr. Presutti has been the sole owner and managing director of Woody Creek Capital Partners LLC since 2006, Woody Creek Capital Management LLC since 2018 and Wocap II GP, LLC since 2017.