Vemanti Group, Inc. announced that pursuant to the terms of the Share Exchange Agreement, Mr. Tan Tran resigned as President of the Company and accepted an appointment as Chief Strategy Officer pursuant to the terms of the Tran Employment Agreement. Mr. Hoang Van Nguyen was appointed as Chief Executive Officer of the Company, pursuant to the terms of the Nguyen Employment Agreement. Mr. Tran remains on the board of directors of the Company (the ?Board?), Ms. Trinh Tuyet Mai Le was appointed to the Board effective April 1, 2024.

Under the terms of the Share Exchange Agreement, Mr. Nguyen will also be appointed to the Board; however, he entered into an agreement with the Company to delay his appointment to the Board. Mr. Nguyen?s appointment as a director will become effective upon the expiration of all applicable waiting periods under Section 14(f) of the Securities Exchange Act of 1934, as amended, and Rule 14f-1 thereunder. Mr. Nguyen, age 45, serves as the Chief Executive Officer of VinHMS Software Production and Trading Joint Stock Company (Vietnam), a software company that specializes in providing high-quality technology products for optimizing the business activities of enterprises, a position he has held from December of 2018 to the present.

Before founding VinHMS (Vietnam), Hoang was the first Solution Architect of Amazon Web Services Vietnam, responsible for helping Vietnamese organizations of all shapes and sizes to architect advanced cloud-based solutions. Prior to AWS in 2017, he spent five (5) years as founder and CEO of Simple Solutions, the only ASEAN startup that was funded by Coca-Cola Founders, an entrepreneurship program designed by Coca-Cola to help founders build & scale startups. Prior to these roles, Hoang was the CTO/Founder of Sysnify in Houston, a startup that provided management solutions for United Supermarket, a supermarket chain with more than 90 stores in Texas.

Hoang also spent close to 10 years in Houston building enterprise applications for Fortune 500 corporations such as BP, HP, American Airlines, NASCAR and Delhaize. Mr. Nguyen holds a B.S. degree from the University of Polytechnics in Vietnam and a M.S. degree from the University of Houston-Clear Lake. Ms. Le has served as the Deputy Chief Executive Officer responsible for Information Technology at VinFAST Auto Ltd. since October 2022.

She has also served as Chief Executive Officer of VIN3S Joint Stock Company since May 2021 and Chief Information Officer at Vingroup Joint Stock Company from November 2015 to May 2021. Prior to these roles, Ms. Le was Country Leader at Deloitte Consulting Vietnam from January 2011 to November 2015 and Senior Manager at Deloitte Consulting Southeast Asia from January 2005 to January 2011. She received her bachelor?s degree in English linguistics from Vietnam National University Ho Chi Minh City.