Dominari Holdings Inc. announced appointment of Mr. Kyle Wool to serve as President of the Company until his resignation, death, removal, or a successor is elected and qualified. Mr. Wool has served as a director of the Board since April 2021, and he has been the Chief Executive Officer of Dominari Financial Inc., the financial services subsidiary of the Company, since March 2023. Kyle Wool, 46, joined the Company as a member of the Board in April 2021 and has been the Chief Executive Officer of Dominari Financial Inc., the financial services subsidiary of the Company since March 2023.

Prior to March 2023, Mr. Wool was the non-executive Chairman of Revere Wealth Management, where he provided integrated strategies designed to help build, manage and preserve wealth for wealthy families, endowments and foundations. Prior to his employment at Revere Wealth Management, Mr. Wool was an Executive Director at Morgan Stanley from May 2013 to January 2021, where he provided strategic wealth management and investing guidance to his clients. Prior to his employment at Morgan Stanley and The Wool Group, Mr. Wool was employed at Oppenheimer and Co.

Inc. in a number of roles, where he provided strategic wealth management and investing guidance to his clients, from 2005 to 2013. Specifically, from 2010 until 2013, Mr. Wool served as a Managing Director of the Professional Investors Group for Oppenheimer Asia Ltd. Mr. Wool currently serves as a board member of LifeLine NY, a charity foundation focused on attaining medical equipment for the underprivileged children of Serbia and a board member of CIRSD (Center for International Relations and Sustainable Development), whose mission is to empower youth in communities with the greatest need to reach their full potential and pursue higher education. Mr. Wool is also a board member of the LangLang International Music Foundation.