BrainChip Holdings Ltd. formally announced the retirement of founder and ex-CTO Peter Van der Made from day to day operations as indicated in the prior release dated 21st November 2023. Peter will continue to sit on the Board of Directors, while transitioning to a new role as Non- Executive Director. He will be a member of the Scientific Advisory Board and will advise the Company as Technologist Emeritus.

Peter Van der Made transitions to non-executive director effective from 1 January 2024. Peter Van der Made will continue to sit on the Board of Directors and Scientific Advisory board.