Renovaro Inc. announced on February 13, 2024 (the closing date), the company consummated the previously announced acquisition of GEDi Cube and the other transactions contemplated by the Stock Purchase Agreement (collectively, the Transaction). As a result of the Transaction, GEDi Cube became a wholly-owned subsidiary of the Company. On February 11, 2024, Henrik Grønfeldt-Sørensen notified the Board of his decision to resign as a director of the Company, effective as of the closing of the Transaction.

Mr. Grønfeldt-Sørensen?s decision is not a result of any disagreement on any matter relating to the company?s operations, policies, or practices. On February 11, 2024, the board appointed Karen Brink, the Chief Growth Officer of GEDi Cube, to the Board, effective upon the closing of the Transaction, to fill the vacancy created by Mr. Grønfeldt-Sørensen?s resignation. Ms. Brink will serve as a director of the company until the company?s 2024 Annual Meeting of Stockholders or until her successor has been duly elected and qualified.

Ms. Brink has not been appointed to serve on any committees of the Board at this time. Ms. Brink will enter into a standard indemnification agreement with the company in the same form that the company has entered into with its other directors.