On August 22, 2023, the board of directors (the board) of Crown Electrokinetics Corp. increased the size of the board from three members to five members. On August 22, 2023, the board appointed Scott Hobbs to fill one of the vacancies on the Board created by the increase in Board size.

Mr. Hobbs will serve on the Board until the company?s 2024 annual stockholder meeting and until his successor has been duly appointed and qualified. Mr. Hobbs will serve as a member of the Board?s Audit Committee, Compensation Committee, and Governance and Nominating Committee. Since June 2021, Scott Hobbs has worked for Newmark as an office tenant representation broker in the Greater Dallas Area.

He tracks office lease transactions (comps), building tenant stacks, current vacancies, lease roll & ?ghost? space, sublease space, state & municipal incentives, labor markets, and companies currently in the market for office space. He exclusively represents office tenants in all manner of transactions ranging from negotiated renewals, relocations, built-to-suit, sublease, expansion, contraction, building purchase, etc.

Prior to joining Newmark, Mr. Hobbs was an Executive Director at Cushman Wakefield since July 2018. Prior to his role at Cushman Wakefield, Mr. Hobbs held a number of roles in the real estate industry. Before entering the real estate industry, Mr. Hobbs was a commissioned Navy SEAL Officer.

A decorated combat veteran, Mr. Hobbs has circled the globe three times in the service of the United States Navy and Joint Special Operations Command. Mr. Hobbs earned a Bachelor of Business Administration degree from Texas A&M University. On August, 22, 2023, the board appointed Joel Krutz, the company?s current chief financial officer, to fill one of the vacancies on the Board created by the increase in Board size.

Mr. Krutz will serve on the Board until the Company?s 2024 annual stockholder meeting and until his successor has been duly appointed and qualified. Joel Krutz is currently the company?s chief financial officer. Joel Krutz is an experienced executive in finance and operations, with a history in building and developing financial reporting.

Most recently, Mr. Krutz had served as CFO for ViacomCBS Networks International (VCNI), the premium content companies international division since 2015. As CFO of VCNI, Mr. Krutz successfully steered the business through a transformational period of expansion, diversification, and growth. Prior to his role as CFO of VCNI, Mr. Krutz held a number of progressive London and New York based CFO and senior strategic finance roles for Viacom where he built and developed financial infrastructure to support businesses through a range of rapid growth, turnaround, and portfolio optimization challenges.

Originally from New Zealand, Mr. Krutz received a Bachelor of Management Studies with an Accounting major from Waikato University, obtained his professional CIMA qualification from the UK?s Association of Chartered Management Accountants, and CTAMU certification from Harvard Business School?s Executive program.