On December 13, 2023, Donald E. Stout, a member of the board of directors (the ?Board?) of XWELL, Inc. (the ?Company?), tendered his resignation from his position as a director and as a member of the Company?s audit, compensation and nominating and corporate governance committees, to be effective January 1, 2024. His decision to resign was not as a result of any disagreement with the Company or its management. On December 13, 2023, the Board also appointed Gaëlle S. Wizenberg as a member of the Board to fill the vacancy on the Board which will be created at the effective time of the resignation of Mr. Stout.

Ms. Wizenberg was appointed to the Board of Directors pursuant to the power provided to the Board of Directors by the Company?s Bylaws, and her appointment will be effective on January 1, 2024, immediately following Mr. Stout?s resignation. Ms. Wizenberg is expected to stand for election by the Company?s stockholders at the 2024 Annual Meeting of Stockholders/Shareholders. The Board has not yet determined Ms. Wizenberg?s committee assignments.

Galle Wizenberg has over 25 years of progressive leadership experience building, scaling, and transforming brands in the retail and wellness industries. Notably, she founded global baby brand Charlie Banana in 2009 and expanded its distribution network to 66 countries internationally before its acquisition by Procter &Gamble a decade later. Further, Galles role as Vice President of Sales at Apptastic Software Inc. saw her driving significant growth within the toy and juvenile consumer company.

Most recently, Galle founded Objects of Magic, a wellness-focused enterprise specializing in corporate team-building and holistic retreats as well as retail wellness boutiques.