On August 30, 2023, Omar Billawala resigned as the Chief Financial Officer of Firsthand Technology Value Fund, Inc. (the ?Company?), effective on that date. The Board of Directors accepted Mr. Billawala?s resignation and appointed Kevin Landis, the current Chairman of the Board of Directors, and President and Chief Executive Officer of the Company to serve as the Company?s Chief Financial Officer, also effective on August 30, 2023. Name (Year Born): Kevin Landis (born 1961).

Position(s) Held with the Company, Proposed Term of Office/Time of Service Chairman of the Board of Directors, President and Chief Executive Officer. Director (to serve until the 2023 Annual Meeting of Stockholders), elected annually as an officer. Served since 2010.

Principal Occupations During Past Five Years: President of Firsthand Capital Management, Inc. (?FCM?) since 2009; Chairman and Founder of Firsthand Funds since 1994; Portfolio Manager of Firsthand Alternative Energy Fund since 2007, and of Firsthand Technology Opportunities Fund since 1999; Portfolio Manager of the Company since April 2011. Chief Executive Officer of Wrightspeed, Inc. since November 23, 2022 and Chief Executive Officer of IntraOp Medical Corp. since June 30, 2023.

Other Directorships Held by Director During the Past Five Years: Current: Firsthand Funds (since 1994); Hera Systems, Inc.; IntraOp Medical Corp.; Pivotal Systems Corp.; Revasum, Inc.; Wrightspeed, Inc. (other than Firsthand Funds, all private technology portfolio companies). Former: Hiku Labs, Inc. (from August 2015 through October 2016); Phunware, Inc. (from March 2014 through January 2018); QMAT, Inc. (from December 2012 to December 2019); Vufine, Inc. (from March 2015 through May 2019); Telepathy Investors Inc. (July 2014 through December 2020); Silicon Genesis Corp. (from January 2008 through January 2023).

Other biographical information about Mr. Landis: Kevin Landis, 62, in addition to being President and Chief Investment Officer of FCM, is also the President and Chief Executive Officer of Firsthand Funds, which he co-founded in 1994. Mr. Landis is a well-known technology investor who serves as portfolio manager for Firsthand Alternative Energy Fund and Firsthand Technology Opportunities Fund, each a series of Firsthand Funds. Mr. Landis is currently also the Chief Executive Officer of Wrightspeed, Inc. and IntraOp Medical Corp., two of the Company?s portfolio companies.

He currently serves on the boards of directors at a number of private technology portfolio companies: Hera Systems, Inc., IntraOp Medical Corporation, Pivotal Systems Corp., Revasum, Inc., and Wrightspeed, Inc. Other than Firsthand Funds, all are private technology portfolio companies. From August 2015 through October 2016, Mr. Landis served as a director of Hiku Labs, Inc., from March 2014 through January 2018, Mr. Landis served as a director of Phunware, Inc., from March 2015 through May 2019, Mr. Landis served as a director of Vufine, Inc., from December 2012 through December 2019, Mr. Landis served as a director of QMAT, Inc., from July 2014 to December 2020, Mr. Landis served as a director of Telepathy Investors Inc. From January 2008 through January 2023, Mr. Landis served as a director of Silicon Genesis Corporation. In determining Mr. Landis?

qualifications to serve on the Board, the Board considered Mr. Landis?s over two decades of experience in engineering, market research, product management, and investing in the technology sector. Mr. Landis appears regularly on CNBC, CNBC Asia, and Bloomberg News, and has been featured in Forbes, Fortune, Time, and Money magazines. Mr. Landis holds a bachelor?s degree in Electrical Engineering and Computer Science from the University of California at Berkeley and an MBA from Santa Clara University.