Zalatoris Acquisition Corp. (company) announced that in early March of 2024, Paul Davis presented to the then current members of the board of directors of the company resignation letter resigning from his position as and as a member of the Former Board. Also on March 15, 2024, to fill the vacancy in the Former Board created by the New CEO Appointment and to comply with independence requirements under the New York Stock Exchange (NYSE), the Former Board appointed Llewellyn Farquharson as an independent director of the Company.

In mid-March of 2024, Llewellyn Farquharson was terminated from his position as an independent director of the Company (Mr. Farquharson?s Termination). On April 12, 2024, the board of directors (Board) of the company held a special meeting (Meeting) during which the Board ratified Mr. Farquharson?s Termination and, after making independence determinations and confirming compliance with the NYSE independence requirements, appointed Andrew Kwon as an independent director of the company and member of the Audit Committee of the Company. Mr. Kwon has over 20 years of experience in equities, derivatives-oriented trading on buy side and sell side.

He focuses primarily on SPAC investments generating alpha through pre- and post-merger strategies. He is an expert in SPAC mechanics, valuation, warrant opportunity identification and risk management. Mr. Kwon is proficient in equity research, deal analysis, and efficient trade execution.

He was previously a Senior Trading Analyst for Glazer Capital Management, from January 2021 to January 2024. In his role, he analyzed over 700 SPAC IPOs and managed a $500 million SPAC portfolio. He graduated from Northeastern University with a Bachelor of Science.

Committee Appointments: As a result of Andrew Kwon?s appointment to the Board and as a member of the Audit Committee, at the Meeting the Board confirmed and ratified the composition of each of the Audit Committee, the Compensation Committee, and Nominating and Corporate Governance Committee, which are now as follows: Audit Committee: Niall Ennis, Adeel Rouf and Andrew Kwon. Compensation Committee: Niall Ennis, Adeel Rouf and Andrew Kwon. Nominating and Corporate Governance Committee: Niall Ennis, Adeel Rouf and Andrew Kwon.