SANUWAVE Health, Inc. announced that its Board of Directors has appointed Morgan Frank as Chief Executive Officer. Frank, a company development, corporate restarts, and capital markets veteran, has served 19 years as founder and principal of Manchester Management (Manchester Explorer Fund), the Company's largest outside shareholder and has served as Chairman of the SANUWAVE Board of Directors since August 2022. Kevin Richardson, the Company's former CEO, will remain on the Board of Directors of the Company and continue an active role in the Company, serving as its Chief Strategic Officer during this exciting period of growth and opportunity for the Company.

Before joining the Company, Frank, 51, has served 19 years as principal at Manchester Management LLC, the Company's largest outside shareholder. He brings with him 29 years of U.S. public equity and capital markets experience, with a focus in life sciences and technology as well as corporate restarts and intellectual property salvage and monetization. Mr. Frank has provided long term strategic planning, due diligence and business development strategy, and investor relations guidance to over 100 public companies and looks forward to working more deeply with SANUWAVE.