Effective November 29, 2022, the Board of Directors of Levere Holdings Corp. (the Company) appointed Ulrich Hoernke as Chief Financial Officer (the Principal Financial Officer and Principal Accounting Officer of the Company), replacing Martin Varsavsky who was serving as the Company's interim Chief Financial Officer. Mr. Hoernke, age 62, has more than 30 years experience in the automotive business in Asia, Europe and the United States and has worked for global OEMs, such as Mercedes Benz, Chrysler, FiatChrysler and Mitsubishi Motors.

From February 2022 to November 2022, Mr. Hoernke served as the chief financial officer of Quantron AG, a platform provider and specialist for sustainable mobility for people and goods, where he led the company's financial reporting and accounting functions. Prior to that, Mr. Hoernke served as the Chief Financial Officer of fox e-mobility AG, a Duesseldorf stock exchange listed electric vehicle manufacturer, from December 2020 to January 2022 where he led that company's reverse merger with Catinum AG and listing to the Duesseldorf stock exchange and oversaw its strategy and business plan. Additionally, Mr. Hoernke founded and ran Up Management Inc., an automotive consulting firm specializing in advising electric vehicle startups, from February 2018 to December 2021.

Additionally, Mr. Hoernke previously worked at Faraday & Future Inc., where he served as the senior director of finance and was responsible for corporate planning, strategy, monthly financial reporting.Mr. Hoernke graduated with a degree in Finance (Master) from the University of Stuttgart and participated in executive programs at both Insead and Kellogg University.