On August 11, 2023, Jayson Knafel, a Class II director of Owlet, Inc. and a member of the Compensation Committee of the Company?s Board of Directors (the ?Board?), who served on the Board as a designee of Eclipse Ventures, LLC (?Eclipse?), notified the Company of his intention to resign from the Board, effective August 11, 2023. Mr. Knafel?s resignation follows his stepping down as a partner of Eclipse to serve as Chief Financial Officer of an unaffiliated company, and was not due to any disagreement on any matter relating to the Company?s operations, policies or practices.