Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

On January 16, 2023, Mr. Steve Brandt provided notice of his resignation from the Board of Directors (the "Board") of Nuwellis, Inc. (the "Company"), effective immediately. Mr. Brandt's resignation was not the result of any disagreement with the Company regarding the Company's operations, policies or practices.

Jon W. Salveson, a current director of the Company, was appointed to the Audit Committee of the Board. As a result, the Audit Committee of the Board currently consists of Gregory D. Waller, Warren S. Watson, and Jon W. Salveson.

The Board has determined that each Mr. Waller, Mr. Watson and Mr. Salveson are independent in accordance with the listing standards of Nasdaq and the Company's internal policies, and that each otherwise meets all applicable requirements to serve on the Audit Committee, including the rules and regulations of the Securities and Exchange Commission.

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