Innventure, Inc. Announces Board Changes and Director Nomination

Innventure, Inc. reported changes to its Board of Directors. Daniel Hennessy resigned from the Board and its committees, including the Audit Committee, effective April 29, 2026. This resignation caused the company to be noncompliant with Nasdaq Listing Rule 5605(c)(2)(A) regarding the minimum number of members on the Audit Committee. The company has a cure period until October 26, 2026, to regain compliance by appointing an additional director. To fill the vacancy, John Hewitt was appointed to the Board, effective April 29, 2026. Additionally, Catriona Fallon has been nominated to stand for election as an independent director at the Company’s 2026 Annual Meeting of Stockholders on June 17, 2026. Ms. Fallon is expected to serve on the Audit Committee. The company believes these appointments will enhance the Board's ability to support the company's strategy and oversee risk.