Clover Leaf Capital Corp. Appoints Luis Derechin as Member of the Board of Directors and Member of the Audit Committee and Compensation Committee of the Board

On December 21, 2023, the Board of Directors of Clover Leaf Capital Corp. appointed Luis Derechin to fill the vacancy created by the resignation of Manuel Rocha. Mr. Derechin is one of Mexico?s most experienced technology entrepreneurs.

In 2001, Mr. Derechin co-founded JackBe, which was one of the first companies in Mexico as well as Latin America to raise funding from US venture capital. Mr. Derechin studied engineering at UCSD and earned a degree in business at Instituto Tecnologico Autónomo de México (ITAM). Mr. Derechin will be a Class I director and will serve for a term expiring at the Company?s first annual meeting of stockholders.

Mr. Derechin was also appointed to the Audit Committee of the Board and the Compensation Committee of the Board.