The board of directors of SRAX, Inc. appointed Alan Urban to replace Michael Malone as the Company's Chief Financial Officer pursuant to an employment offer letter, which sets forth the terms of Mr. Urban's services as Chief Financial Officer and his compensation arrangement. The Offer Letter was entered into as of March 14, 2023. Mr. Malone remains a non-officer employee of the Company pursuant to his original employment agreement, dated December 15, 2018.

  Mr. Urban, age 54, has over 30 years of experience in corporate finance and accounting. Mr. Urban serves on the board of directors of GT Biopharma, and has previously served in numerous senior management positions, including: Chief Financial Officer of Research Solutions a leader in SaaS workflow solutions for information driven companies, from 2011 through 2021; Chief Financial Officer of ReachLocal an internet marketing company that ranked #1 on Deloitte's Tech Fast 500 List, from 2007 to 2009; and CFO of Creek Road Miners, a bitcoin mining firm, in 2022. Mr. Urban has also held positions as an audit and tax manager in public accounting, and as an internal auditor.

He holds a B.S. in Business, with a concentration in Accounting Theory and Practice, from California State University, Northridge and has been a Certified Public Accountant (currently inactive) since 1998.