On March 30, 2022, Vivek Prakash, a member of the Board of Directors of Healthcare Triangle, Inc., a member and the Chairman of Audit Committee, Audit Committee financial expert, a member and the Chairman of the Compensation Committee, a member and the Chairman of the Nominating and Corporate Governance Committee of the Company, resigned effective immediately. On March 30, 2022, Brendan Gallagher, a member of the Board and a member of the Compensation Committee and the Nominating and Corporate Governance Committee of the Company, resigned effective immediately. The Board has also reduced its size from 8 member s to 7 members.

Appointment of new Director: On March 31, 2022 the Board has appointed Jeffrey S. Mathiesen, age 61, as a Director of the Board The term of the Company's directors, including Mr. Mathiesen, expires at the annual meeting of stockholders to be held in 2022 or upon the election and qualification of successor directors. Mr. Mathiesen was also appointed a Chairman of Audit Committee and Audit Committee financial expert and a member of the Compensation Committee of the Company. Due to the resignation of two directors of the Board, the Board approved a new composition of the Board's Committees, as follows: The composition members of the Audit Committee are April Bjornstad, John Leo and Jeffrey S. Mathiesen, who serves as the Chairman and committee's financial expert; The composition members of the Compensation Committee are Jeffrey S. Mathiesen, John Leo and Dave Rosa, who serves as the Chairman; The composition members of the Nominating and Corporate Governance Committee are April Bjornstad, Dave Rosa and John Leo, who serves as the Chairman.