Parvis Invest Inc. announced that Kia Besharat has resigned as a director of the Company effective August 28, 2023, and the board has accepted his resignation. Mr. Besharat will pursue other opportunities. As per the Notice of Annual General Meeting of July 26, 2023, Kia Besharat was not nominated for reelection to the board of directors for the ensuing year at the Company's annual general meeting of shareholders to be held on August 31, 2023.