Meta Materials Inc. announced that on December 23, 2023, Ahmed Shebl, the Chief Accounting Officer and Interim Chief Financial Officer of the company tendered his resignation to the Company to pursue another professional opportunity. Mr. Shebl has been a dedicated member of the META team for over three years, and his last day with the Company will be January 19, 2024. Mr. Shebl?s resignation is for personal reasons and is not the result of any disagreement with the Company related to the Company?s operations, policies, or practices.

The Company has initiated a comprehensive search for a qualified replacement candidate to fill the position of Chief Financial Officer.