On May 31, 2023, Jerry Jacobs notified the Board of Directors of Non-Invasive Monitoring Systems, Inc. (the Company) of his resignation as a member of the Board and Audit Committee, effective immediately. Mr. Jacobs' resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. On June 1, 2023, the Company's Board appointed Dr. Phillip Frost and James Martin, the Company's Chief Financial Officer, as directors, thereby increasing the number of directors to four.