On July 13, 2023, the Board of Reborn Coffee, Inc. accepted Director Dennis Egidi?s formal resignation from its audit and compensation committees, effective immediately. Mr. Egidi resigned due to no longer meeting the SEC and Nasdaq independent director requirements. On July 13, 2023, the Board appointed Andy Nasim as a director of the Company, effective immediately, to fill the vacancy created by Hannah Goh?s resignation, with a term expiring at annual meeting of stockholders in 2023 or until his successor is duly elected and qualified or until his earlier death, resignation, retirement, disqualification, removal from office or other cause.

Mr. Nasim will serve as a member of the audit committee of the Board and as chair of its compensation committee. The Board?s audit committee membership now consists of Farooq Arjomand (Chair), Andy Nasim and Jay Kim. The Board?s compensation committee membership now consists of Andy Nasim (Chair), Farooq Arjomand and Jay Kim.

The Company has no standing nominating committee.