Questor Technology Inc. Board will now be comprised of Audrey Mascarenhas, who has also resumed her position as President and Chief Executive Officer of the Company effective immediately. In conjunction with his resignation from the Questor Board, Mr. O?Malley-Keyes has also stepped down from his position as interim President and Chief Executive Officer. Following the previous announcement on August 23, 2023, regarding the departure of Ms. Mascarenhas from the position of President and Chief Executive Officer, certain shareholders of Questor, including Ms. Mascarenhas, comprising a majority position of shareholdings in the Company, engaged in communications with the Resigning Directors regarding the future direction of the Company and certain other related matters.

The communications ultimately led to the decision by the Resigning Directors that stepping down from the Questor Board is in the best interests of the Company.