Marpai, Inc. announced the addition of two new members to its Board of Directors (the ?Board?) as part of the Company?s ongoing transformation plan and commitment to strong corporate governance and shareholder value creation. Effective December 7, 2023, Robert Pons, age 67, and Jenn Calabrese, age 53 joined Marpai?s Board as new independent directors. In addition, the Board will also implement a strategic plan designed to enhance the Company?s performance and drive shareholder value creation.

The actions are targeted at accelerating Marpai?s transformation and positioning the Company for both near- and long-term success. Ms. Calabrese has been the founder and Chief Executive Officer of Calabrese Consulting, LLC (?CCL?). Founded in 2012, CCL is a woman-owned, full-service accounting and advisory firm with over 40 employees, serving more than 350 clients around the world.

Ms. Calabrese is a Certified Public Accountant, a Chartered Global Management Accountant, and a member of both The American Institute of Certified Public Accountants and The New York State Society of Certified Public Accountants. Ms. Calabrese will serve on the Audit Committee of the Board. Mr. Pons has served on the board of directors of 15 publicly traded companies, utilizing his more than 40 years of hands-on operating experience as a Chief Executive Officer and in senior executive positions in high growth companies and companies in need of turnaround strategies.

Mr. Pons has served as President and Chief Executive Officer of Spartan Advisors, Inc., a management consulting firm specializing in telecom and technology companies, since January 2017. Mr. Pons will serve on the Compensation Committee of the Board. On December 7, 2023, Edmundo Gonzalez, age 49, resigned as a member of the Board and as Secretary of the Company, each with immediate effect.

Mr. Gonzalez did not resign as a result of any disagreement with the Company on any matter relating to the Company?s operations, policies or practices. Steve Johnson, the Company?s Chief Financial Officer, has been appointed as the Company?s new Secretary, replacing Mr. Gonzalez.