Holicity Inc. announced that on August 4, 2020, in connection with the IPO, Wayne Perry, Dennis Weibling and Cathleen A. Massey were appointed to the board of directors of the company. The Board has determined that the Directors are independent directors within the meaning of applicable SEC and Nasdaq rules. Effective August 4, 2020, the Directors were appointed to the Board’s Audit Committee, with Dennis Weibling serving as chair of the Audit Committee. Effective August 4, 2020, the Directors were also appointed to the Board’s Compensation Committee, with Wayne Perry serving as chair of the Compensation Committee.