Effective April 15, 2024, on the joint recommendation of the Nominating & Corporate Governance Committee and the Compensation Committee, the Board of Directors (the ?Board?) of KULR Technology Group, Inc. appointed Donna Haley Grier as a director of the Board to hold office until the earlier of the expiration of the term of office, a successor is duly elected and qualified, or the earlier of her death, resignation, disqualification, or removal. Ms. Grier was also appointed as the chair (and financial expert) of the Audit Committee of the Board, member of the Compensation Committee of the Board, and as member of the Nominating & Corporate Governance Committee of the Board. Ms. Grier will receive quarterly cash compensation equal to $17,500 and was granted 140,000 restricted stock units of the Company?s common stock, with such shares vesting in 35,000 share increments every quarter (with the first vest to occur on June 30, 2024).

Ms. Grier, 66, is an experienced finance executive, with expertise in finance, internal audit, mergers & acquisitions (M&A) and business process improvement. Since June 2020, Ms. Grier has been, and continues to be a director and audit & risk management committee chair at Global Advanced Metals, a privately held supplier of tantalum products. Since April 2023, she has also been a director and the audit committee chair at 4BMining, a privately held iron ore producer.

Additionally, Ms. Grier also serves as the chair of the board of trustees for Washington & Jefferson College, since July 2022. From November 2018 until August 2020, Ms. Grier served as a director and audit committee chair of Pyxus International. Prior to her retirement in 2019, Ms. Grier held the positions of vice president-treasurer and vice president-general auditor & chief ethics and compliance officer at E. I. DuPont de Nemours, over the course of 10 years.

Between 2004 and 2008, Ms. Grier was the finance director and chief financial officer of DuPont?s safety & protection business where she oversaw all financial aspects of the $5.5B division consisting of strategic business units including advanced materials, building innovations, safety solutions and chemical solutions. Ms. Grier also headed all financial aspects of DuPont Europe, from 1999 until 2003. Ms. Grier earned her MBA from the Booth School of Business at the University of Chicago and a BA in Economics and Psychology from Washington & Jefferson College.

Ms. Grier will serve as Chair of the Audit Committee of the Board and will serve as a member of the Compensation Committee and the Nominating & Corporate Governance Committee. Effective April 15, 2024, Mr. Morio Kurosaki resigned as a director and all other positions of the Board. Mr. Kurosaki?s decision to resign is due to his other professional obligations and not due to any disagreement with the Company, the Board or any member of the Company?s management.

Mr. Kurosaki served as the Chair of the Audit Committee and as a member of the Compensation Committee, and the Nominating & Corporate Governance Committee of the Board.