On March 17, 2021, in connection with the IPO, Neil Goldberg, Richard Katzman, Steven Berns and Tory Kiam (the "Directors") were appointed to the board of directors of Forum Merger IV Corporation(the "Board"). The Directors are independent directors. Effective March 17, 2021, Messrs. Berns, Goldberg and Katzman were appointed to the Board's Audit Committee, with Mr. Berns serving as chair of the Audit Committee. Effective March 17, 2021, Messrs. Berns, Goldberg and Katzman were also appointed to the Board's Compensation Committee, with Mr. Katzman serving as chair of the Compensation Committee. Following the appointment of the Directors, the Board is comprised of the following two classes: the term of office of the first class of directors, Class I, consists of Messrs. Goldberg, Katzman and Berns and will expire at the Company's first annual meeting of stockholders and the term of office of the second class of directors, Class II, consists of Messrs. Kiev, Boris and Kiam and will expire at the Company's second annual meeting of stockholders.