Effective February 20, 2021, Crown Electrokinetics Corp. hired Edward Kovalik, as President and Chief Operating Officer. Mr. Kovalik has served as a member of the Company’s Board of Directors since December 2020. Prior to his appointment as the Company’s President and Chief Operating Officer, Mr. Kovalik was the Chief Executive Officer of Unity National Financial Services, a minority-owned boutique investment bank. He is also a co-Founder of Prairie Partners, a renewable energy investor in utility-scale solar and wind projects. On February 25, 2021, the Company also appointed Kai Sato as the Company’s Co-President and Chief Marketing Officer. Mr. Sato is the founder of Kaizen Reserve Inc., a venture capital advisory firm for corporations and family offices, helping align their existing assets with synergistic startups. He is also an investment fund advisor and former entrepreneur-in-residence to Hatch, a global startup accelerator focused on helping feed the world through sustainable aquaculture technologies.