On January 25, 2023, the Board of Directors of Healthcare Triangle, Inc. appointed Ronald McClurg, Paige Heaphy and Jainal Bhuiyan as directors to the Company's Board of Directors. Mr. Rosa has been appointed Chairman of the Board of Directors. On January 25, 2023, Mr. Suresh Venkatachari (“Mr. Venkatachari”) resigned as director and Chairman of the Company.

Mr. Dave Rosa has been appointed as the Chairman of the Board replacing Mr. Venkatachari. On January 5, 2023 Mr. Roy Sookhoo and the Company entered into an offer letter effective January 25, 2023 pursuant to which he was engaged as the Company's Chief Operating Officer at an annual base salary of $400,000, plus 75,757 shares of the Company's common stock at no cost, which shares will be fully vested in the event HTI terminates his employment within the first 12 months without cause.