On February 11, 2021, the Board of Directors of SVF Investment appointed Mr. Javier Saade as a director of the company. The Board determined that Mr. Saade qualified as an independent director under rules of the Nasdaq Capital Market. Mr. Saade was also appointed to serve as a member of the Company’s audit committee, compensation committee and nominating committee. Mr. Saade is currently a Managing Partner of Impact Master Holdings and Venture Partner at Fenway Summer Ventures. He serves on the Board of Directors of Porch Group Inc. (NASDAQ: PRCH) and is Chairman of the Board of GP Funding Inc., a Rothschild and Presidio owned financial services company. Until recently, Mr. Saade served on the Board of Trustees of The Nature Conservancy, the Board of Trustees of Pan American Development Foundation and Board of Directors of Foundation for Puerto Rico.