On April 1, 2022, Mr. Carl Williams informed the Board of Directors of GreenBox POS that he was resigning from his position as a director of the Company, effective April 4, 2022. Mr. Williams did not resign because of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Each of the Board committees on which Mr. Williams served still has at least three members following Mr. Williams' resignation. On April 4, 2022, the Board appointed Ms. N. Adele Hogan as a new director of the Company, effective
immediately. Ms. Hogan is not expected to serve on any committees of the Board.