The board of CF Acquisition Corp. V elected Steven Bisgay as a director and as a member of the audit committee of the Board (the “Audit Committee”). Mr. Bisgay replaced Ms. Chan as a member of the Board and as a member of the Audit Committee. Ms. Chan resigned as Chief Financial Officer, director and member of the Audit Committee on July 5, 2021 in order to pursue other endeavors. Ms. Chan’s resignation did not result from any disagreement with the Company concerning any matter relating to the Company’s operations, policies or practices. Mr. Bisgay, age 54, is currently the Chief Financial Officer of BGC Partners Inc.