AERWINS Technologies Inc. and the XTURISMO Limited Edition Hoverbike, announced the appointment of Katie Field and Pavan Gill as independent directors of the Company on May 22, 2023. With a career spanning both the private and public sectors, Katie Field brings a wealth of experience and expertise in strategy consulting and executive leadership. She has held prominent positions at renowned organizations such as The White House in the office of the public liaison, The Brookings Institution as a manager of operations, and Bain &Company as a consultant.

In 2014, Ms. Field entered the cannabis industry and played a pivotal role in the procurement, build-out, and sale of one of the original vertically integrated licensed medical marijuana treatment centers in Florida. Subsequently, she operated a strategy consulting practice focused on cannabis and served as Executive Vice President of Corporate Development at MariMed in 2018. Ms. Field holds an MBA from Columbia Business School and a BA with honors from Stanford University.

Pavan Gill brings a wealth of experience and expertise in civil construction, environmental management, and innovative product implementation to AERWINS. As an engineer, Mr. Gill has managed numerous high-value projects, demonstrating his strong project management skills and ability to deliver exceptional results. Throughout his career, Pavan Gill has been involved in various key projects, including the Shell Waterton butte sump reclamation project, the TC Energy Station 92 compressor station demolition and remediation, the City of Calgary Kensington Manor demolition, the TC Energy Buffalo Creek compressor station installation and remediation, and the TC Energy Wolf Lake compressor station demolition.

His extensive experience in managing multi-disciplinary teams, overseeing project schedules and budgets, and ensuring regulatory compliance has contributed to the success of these projects. Additionally, Mr. Gills keen understanding of emerging technologies and their practical applications will be invaluable in driving AERWINS' commitment to innovation and further advancing its position as a leader in the industry. As independent directors, Ms. Field and Mr. Gill will provide strategic guidance and contribute to the decision-making process within the Board of Directors.

Their deep understanding of business strategy and expertise in various industries, including those parallel to AERWINS domain, will be instrumental in shaping AERWINS' future direction and expansion plans. The appointment of Katie Field and Pavan Gill as an Independent directors reinforces AERWINS' commitment to assembling a diverse and highly experienced board that can provide strategic guidance and governance oversight as the company continues to grow and expand its presence in the air mobility market. Effective May 22, 2023, Steve Iwamura resigned as a member of the Board.