On February 10, 2022, the Board of Directors of Owlet, Inc. appointed Nathaniel Yoo, the Company's Chief Accounting Officer, to serve as the Company's principal accounting officer, effective immediately. Mr. Yoo will retain the title of Chief Accounting Officer. Prior to joining the Company, from April 2020 to January 2022, Mr. Yoo served as the Vice-President and Assistant Controller at Mattel, Inc. During the period from July 2017 to April 2020, Mr. Yoo served as Mattel's Director of Finance and SEC Reporting and then as its Senior Director of Finance and SEC Reporting.