dMY Squared Technology Group, Inc. announced that on September 29, 2022, in connection with the IPO, Darla Anderson, Francesca Luthi, Charles Wert and Constance Weaver were appointed to the board of directors of the Company (the “Board”). Ms. Anderson, Ms. Luthi, Mr. Wert and Ms. Weaver are independent directors. Effective September 29, 2022, Ms. Luthi and Mr. Wert were also appointed to the Board's Audit Committee (with Ms. Luthi serving as chair), Compensation Committee (with Mr. Wert serving as chair) and Nominating and Corporate Governance Committee (with Ms. Weaver serving as chair), Ms. Weaver was appointed to the Board's Audit Committee and Nominating and Corporate Governance Committee, and Ms. Anderson was appointed to the Board's Compensation Committee.

Following the appointment of Ms. Anderson, Ms. Luthi, Mr. Wert and Ms. Weaver, the Board is comprised of the following three classes: (i) the term of office of the first class of directors, consisting of Ms. Anderson and Ms. Luthi, will expire at the Company's first annual meeting of stockholders; (ii) the term of office of the second class of directors, consisting of Ms. Weaver and Mr. Wert, will expire at the Company's second annual meeting of stockholders; and (iii) the term of office of the third class of directors, consisting of Mr. You and Mr. de Masi, will expire at the Company's third annual meeting of stockholders.