As previously disclosed, QXO, Inc. (formerly known as SilverSun Technologies, Inc.) entered into an Amended and Restated Investment Agreement, dated April 14, 2024, among the Company, Jacobs Private Equity II, LLC and the other investors party thereto, providing for, among other things, an aggregate investment by the Investors of $1,000,000,000 in cash in the Company. Effective as of the closing of the Equity Investment, in accordance with the terms of the Investment Agreement, Mark Meller, Kenneth Edwards, Stanley Wunderlich and John Schachtel resigned from the Board and each of the committees of the Board. Messrs.

Edwards, Wunderlich and Schachtel resigned as members of the Audit Committee of the Board and the Nominating and Corporate Governance Committee of the Board, effective as of the closing of the Equity Investment. Messrs. Wunderlich and Schachtel resigned as members of the Compensation Committee of the Board, effective as of the closing of the Equity Investment.

Messrs. Meller?s, Edwards?s, Wunderlich?s and Schachtel?s decision to resign from the Board was not the result of any disagreement relating to the Company?s operations, policies or practices. In accordance with the terms of the Investment Agreement and the A&R Charter, effective as of the closing of the Equity Investment, the size of the Board was increased from four to six members.

In accordance with the A&R Charter, JPE has the right to designate all directors on the Board following the closing of the Equity Investment. Accordingly, the Board appointed each of the JPE designees as directors of the Company, effective immediately following the closing of the Equity Investment: Brad Jacobs, Jason Aiken, Marlene Colucci, Mario Harik, Mary Kissel and Allison Landry. In accordance with the terms of the Investment Agreement and the A&R Charter, Mr. Jacobs was elected as the Chairman of the Board effective upon the closing of the Equity Investment.

Brad Jacobs (Age 67) founded and led five public companies prior to QXO: United Waste Systems, Inc., United Rentals, Inc., XPO, Inc., and XPO?s spin-offs, GXO Logistics, Inc. and RXO, Inc. He serves as executive chairman of XPO and as non-executive chairman of GXO and RXO. Mr. Jacobs is the managing partner of JPE and Jacobs Private Equity, LLC. Jason Aiken (Age 51) has led the technologies segment of General Dynamics since 2023.

Over the course of his 22-year tenure with General Dynamics, he served as the company?s chief financial officer from 2014 to 2024, and earlier as chief financial officer of General Dynamics subsidiary Gulfstream Aerospace, among other senior positions. Marlene Colucci (Age 61) is chief executive officer of The Business Council in Washington, D.C. since 2013. She is vice chair of the board of directors of GXO Logistics, Inc. Mario Harik (Age 43) has led XPO, Inc. as chief executive officer since November 2022 and serves on its board.

He joined XPO in 2011 as chief information officer, and held additional roles as chief customer officer and president, North American less-than-truckload. His prior career included chief information officer with Oakleaf Waste Management, chief technology officer with Tallan, Inc., and co-founder of G3 Analyst. Mary Kissel (Age 47) is executive vice president and senior policy advisor with Stephens Inc. She joined Stephens in 2021, following her role as senior advisor to the U.S. Secretary of State.

Earlier, during 14 years with The Wall Street Journal, she served on the editorial board in New York, and as editorial page editor for Asia Pacific in Hong Kong. She began her career at Goldman Sachs. Ms. Kissel is a member of the Council on Foreign Relations, and a director of the American Australian Council.

She is vice chair of the board of directors of RXO, Inc. Allison Landry (Age 45) is a former senior transportation research analyst with Credit Suisse, covering the trucking, railroad, airfreight and logistics industries for more than 15 years. Previously, she was a financial analyst and senior accountant with OneBeacon Insurance Co. She serves as vice chair of the board of directors of XPO, Inc. As of the effective time of their election to the Board: Each of Jason Aiken, Mary Kissel and Allison Landry was appointed to serve as a member of the Audit Committee and Jason Aiken was appointed chair of the Audit Committee; Each of Marlene Colucci, Mary Kissel and Allison Landry was appointed to serve as members of the Compensation Committee (renamed the Compensation and Talent Committee, effective as of the closing of the Equity Investment), and Allison Landry was appointed chair of the Compensation and Talent Committee; Each of Marlene Colucci and Mary Kissel was appointed to serve as a member of the Nominating and Corporate Governance Committee (renamed the Nominating, Corporate Governance and Sustainability Committee, effective as of the closing of the Equity Investment), and Marlene Colucci was appointed chair of the Nominating, Corporate Governance and Sustainability Committee; and Allison Landry was appointed lead independent director of the Board.

In accordance with the terms of the Investment Agreement, effective as of the closing of the Equity Investment, Mark Meller resigned as President of the Company. Mr. Meller?s decision to resign from the Board was not the result of any disagreement relating to the Company?s operations, policies or practices. Christopher Signorello was appointed as Chief Legal Officer of the Company, Sean Smith was appointed as Chief Accounting Officer of the Company and Mark Meller was appointed President, SilverSun Technologies, in each case, effective as of the closing of the Equity Investment.

Christopher Signorello (Age 51) previously served in senior legal roles with XPO, Inc., most recently as deputy general counsel and chief compliance officer from 2021 to 2023. Prior to XPO, he was with industrial and consumer products leader Henkel Corporation for nearly a decade, where he was associate general counsel, among other leadership positions. Earlier, he spent nine years with the product liability and commercial litigation practice groups at Goodwin Procter LLP.

Sean Smith (Age 44) has more than two decades of senior financial experience across multiple industries. From 2019 to 2024, he served as corporate controller for Chewy, Inc., a leading e-commerce retailer of pet supplies and medications. Prior to Chewy, he held key finance positions with XPO, Inc. over more than three years, most recently as corporate controller.

He began his career with KPMG LLP. Mark Meller (Age 64) was the President and Director of the Company from September 15, 2003 until June 6, 2024, and was Chief Executive Officer from September 1, 2004 until June 6, 2024. He was previously Chairman of the Board from May 10, 2009 until June 6, 2024.

From September 2003 through January 2015, he was Chief Financial Officer of the Company.