Akoustis Technologies Inc.

09/20/2024 | Press release | Distributed by Public on 09/20/2024 14:27

Management Change/Compensation Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 20, 2024, the Board of Directors (the "Board") of Akoustis Technologies, Inc. (the "Company") appointed Kamran Cheema to the Board to serve for a term expiring at the Company's 2024 annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier death, resignation or removal. No action has been taken at this time with respect to Mr. Cheema's committee appointments. The Board also appointed Mr. Cheema as the Company's permanent Chief Executive Officer on the same date.

There were no arrangements or understanding between Mr. Cheema and any other person pursuant to which he was appointed as a director of the Company. Mr. Cheema does not have a direct or indirect material interest in any transactions required to be disclosed pursuant to Item 404(a) of Regulation S-K.