Mobilum Technologies Inc. announced the appointment of Mr. Jung Ho (Thomas) Park to the Board of Directors, effective immediately. Thomas Park is a 22-year veteran of Wall Street working in executive and senior level positions for UBS, MUFG Bank of Tokyo, and Brown Brothers Harriman. In addition, he has managed global fintech and payment projects for HSBC.

Since 2019, Mr. Park has raised capital from private equity and venture capital firms, and HNWs. He serves as a principal for a European PE firm, a real estate commercial developer, serves as a member of the Board of Director or as an Advisor for several Fintech, Blockchain, and Proprietary Fund start-ups, and has been assisting the country of Poland to raise their recognition globally across several industries. Mr. Park has a BA in Economics and an MBA in Finance and Strategy from the University of Virginia.

Mr. Wallace Mathai-Davis has resigned as a director of the Company due to other existing commitments. The Company thanks Mr. Mathai-Davis for his service as a member of the Board of Directors.