On May 20, 2021, Christopher H. Smith provided notice of his intention to resign as a member of the Board of Directors and committees of the Board of Kubient, Inc. (the Company"). The Board accepted Mr. Smith's resignation effective as of May 21, 2021. Mr. Smith served as the chairman of the Board's nominating and corporate governance committee and as a member of the Board's audit committee and compensation committee. As a result of Mr. Smith's resignation from the Board and all Board committee positions, the Board appointed current Board member Grainne Coen as a member of the nominating and corporate governance committee, and current Board member Elisabeth DeMarse as chairperson of the nominating and corporate governance committee, as well as appointing Ms. DeMarse as a member of the audit committee and compensation committee.
Kubient, Inc. is a technology company. The Company provides Audience Marketplace, a cloud-based software platform for real-time trading of digital, programmatic advertising. Its platform enables advertisers and publishers to transact directly with each other on an open, end-to-end real-time bidding platform for programmatic digital advertising. Its advertising inventory on its platform is available in any channel: desktop, mobile, digital out-of-home, and connected devices; and in any format: video, display, audio, and native. Its fully integrated audience platform provides a fraud-minimized, transparent, independent advertising marketplace that facilitates intelligent decision-making, and automated transaction execution for the programmatic advertising industry. Its platform offers a machine learning fraud prevention solution, extremely low latency times and an audience management platform, which provides omni-channel access into all advertising channels, inventory and ad formats.