The Board of NeuRizer Ltd. advised that Mr. Jaehyung Yoo has been appointed as a Non-Executive Director of the Company, effective 6 August 2022. Mr. Yoo is Vice President of DL E&C Co. Ltd. ("DL E&C"). He has a Bachelor of Science at Korea University and Masters of Business Administration with Sejong-Syracuse Global. Mr. Yoo has over 20 years' experience in senior leadership roles within DL E&C, bringing extensive knowledge in EPC business. Amongst Mr. Yoo's significant experience he is the Head of CCUS, and has previously held the
roles of Head of Sales for EPC cost estimation, Chief Executive of Sales and Marketing, and Managing Director of Tehran Office all whilst at Daelim. In accordance with the Company's Constitution, Mr. Yoo will stand for election at the upcoming Annual General Meeting of the Company. The appointment of Mr. Yoo who is a current Vice President of DL E&C, along with their recent investment in NRZ and the recently announced offtake agreement clearly shows that DL E&C and NRZ are working very closely as partners for the best interests of both companies.