On January 19, 2024, Joseph K. Raymond notified the Board of Directors of Nocopi Technologies, Inc. of his decision to resign from the company's Board, and all committees thereof, effective as of January 22, 2024. Mr. Raymond's decision to resign was not due to any disagreement with the company on any matter, or relating to its operations, policies, or practices. The Board also designated (i) Michael S. Liebowitz to join and serve as chair of the Board's Audit Committee and (ii) Jacqueline J. Goldman and Matthew C. Winger to join the Board's Audit Committee.