Effective November 27, 2023 (the ?Effective Date?), Gayle Jardine will step down from her position as Interim Chief Financial Officer of Coda Octopus Group, Inc. (the ?Company?), in connection with the appointment of a new Chief Financial Officer as disclosed below. On August 30, 2023, the Company appointed John Price to be the Company?s Chief Financial Officer effective as of the Effective Date. Mr. Price has over 25 years of experience in accounting, financial planning and analysis, and business process improvement.

He is also highly experienced in capital raise and debt financing, M&A, accounting operations, compliance, and system implementations. Mr. Price?s prior positions include serving as Chief Financial Officer of Assure Holdings Corp. (since November 2020), Chief Accountant of National Beverage (December 2019 to November 2020), Chief Financial Officer and President at Alliance MMA (August 2016 to October 2019), and Chief Financial Officer at MusclePharm (March 2015 to August 2016) and in various accounting and finance roles in high growth technology companies in the Silicon Valley.

Mr. Price spent the first seven years of his career at Ernst & Young (October 1995 to July 2003). Mr. Price earned a Bachelor of Science in Accounting from Pennsylvania State University. He is a Certified Public Accountant.