On January 31, 2017, Loren Hillberg, General Counsel and Secretary of the Telenav, Inc. announced his resignation from his position as an officer of the Company, effective February 3, 2017. Mr. Hillberg's resignation was not based on any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Hillberg is expected to provide consulting services to the Company, though he has not entered into a formal agreement to that effect.