On April 8, 2024, the board of directors of Serve Robotics Inc. appointed Brian Read as the Company?s Chief Financial Officer, effective on or around April 29, 2024 (such actual effective date, the Effective Date). Mr. Read, age 34, holds a Bachelor of Science in Business Administration (Accounting) from Duquesne University, and he is a Certified Public Accountant (Pennsylvania). He previously served as a Controller for Apptronik Inc. (Apptronik) from April 2023 to April 2024 prior to joining the Company.

Prior to his experience at Apptronik, Mr. Read served as a Global Controller at REE Automotive Ltd. from February 2021 to March 2023 and as Assistant Global Controller at Coherent Corp., formerly known as II-VI Incorporated, from January 2019 to January 2021. Mr. Read was also an associate and senior associate at PricewaterhouseCoopers LLP from July 2011 to January 2017. On April 8, 2024, the Company accepted the resignation of April Pannell, the Company?s Chief Financial Officer, effective as of the Effective Date, upon the commencement of Mr. Read?s employment.

Ms. Pannell will continue to be retained by the Company as a consultant to the Company.