Cyber App Solutions Corp. announced that On July 17, 2023, in addition to appointing Mr. Steven E. Looper to serve the Company as the Chief Executive Officer and Director, as previously reported in the Current Report on Form 8-K filed with the SEC on July 17, 2023, the Board also appointed Mr. Kenneth Winters as the Chief Financial Officer, Mr. John Coates as the Chief Technology Officer, and Messrs. David Hobbs and Peter Wagner to serve as the Company's directors, effective immediately.

Mr. Hobbs will serve as an Executive Chairman. Appointment of Directors. David Hobbs, Age 59, has served as Executive Chairman of Pantheon Resources PLC, a UK listed company developing some 2 billion barrels of marketable hydrocarbon liquids on Alaska?s North Slope, since June 2023.

Mr. Hobbs has also been a nonresident senior fellow at the Atlantic Council?s Global Energy Center and an adjunct professor at the University of Calgary?s Haskayne School of Business since 2019. From 2013 to 2018, he served as Vice President of Research at the King Abdullah Petroleum Studies and Research Center in Riyadh, Kingdom of Saudi Arabia. From 2002 to 2012, Mr. Hobbs filled several roles at Cambridge Energy Research Associates (CERA, subsequently acquired by IHS Inc) ranging from Director for Upstream Strategy to Global Head of Research and finally, Chief Energy Strategist.

Prior to joining CERA, He was General Manager Commercial & Business Development at Hardy Oil & Gas plc between 1993 and 1998, General Manager Business Development at Monument Oil & Gas plc between 1988 and 1993 and a Drilling Engineer at British Gas Plc between 1984 and 1988. Peter Wagner, age 57, is an industry veteran with an extensive career in the oil and gas sector. Mr. Wagner has served as the CEO and Director of Cryogenic Industries Inc. (the Company?s consolidated subsidiary in America/CEO of Nikkiso Clean Energy & Industrial Gases Group), a leading provider of cryogenic equipment providing innovative equipment and solutions in liquid gases and beyond, since June 2018.

From 2016 to 2018, Mr. Wagner was CEO and Managing Director of LEWA GmbH (in Germany). From 2003 through 2015, Mr. Wagner assumed numerous leadership roles at Atlas Copco, which included the role of Vice President of Business Development at Atlas Copco Comptec, Divisional President for Atlas Copco Gas and Process Division, and General Manager of Atlas Copco Energas GmbH. In addition, Mr. Wagner serves as director on the board of Nikkiso Co.

Ltd. in Tokyo, Japan. Messers. Hobbs and Wagner shall hold office until the next annual meeting of shareholders and until their successor shall have been elected and qualified.

There are no arrangements or understandings between either Mr. Hobbs or Mr. Wagner and any other persons pursuant to which either Hobbs or Mr. Wagner was elected as a director. There are currently no written agreements between the Company and Mr. Hobbs or Mr. Wagner. The Company shall indemnify all directors in accordance with its bylaws, previously filed as exhibit 3.5 to the Form S-1/A that was filed with the SEC on March 25, 2021, and the applicable laws.

Appointment of Chief Financial Officer. On July 17, 2023, the Board appointed Kenneth Winters, age 41, to serve the Company as the Chief Financial Officer. Previously, Mr. Winters served as the Chief Financial Officer of Proton Green, LLC since June 2022.

Prior to being promoted to Chief Financial Officer, Mr. Winters served as the Corporate Controller for Proton Green, LLC since February 2022. From 2018 to 2022, Mr. Winters served in the roles of Corporate Controller and Financial Reporting Manager at Rosehill Resources Inc. Mr. Winters has over 17 years of public company accounting experience, which includes 6 years in the audit practice at Deloitte & Touche, with a heavy focus on the upstream oil and gas segment and the renewable energy industry. Mr. Winters holds a Master of Professional Accountancy and a Bachelor of Business Administration from Stephen F. Austin State University and is a Certified Public Accountant in the State of Texas.

The Company and Mr. Winters have not entered into a formal employment agreement. Mr. Winters had a base salary of $192,500 with Proton Green and it will be transferred to the Company. Appointment of Chief Technology Officer.

On July 17, 2023, the Board appointed John Coates, age 62, to serve the Company as the Chief Technology Officer. Mr. Coates is a highly experienced oil and gas professional with a career emphasis on large-scale, unconventional resource development. Mr. Coates has served as the Chief Technology Officer of Proton Green, LLC since February 2021.

From 1998 to 2021, Mr. Coates co-founded Patrick Energy, Coronado Resources, and Dover Energy, all private upstream oil and gas companies, focused on exploring and developing unconventional resources in the Mid-Continent. Mr. Coates holds a Master of Science in Geologic Engineering from the Colorado School of Mines and a Bachelor of Science in Geochemistry with Honors from the University of London. The Company and Mr. Coates have not entered into a formal employment agreement.

Mr. Coates had a base salary of $240,000 with Proton Green and it will be transferred to the Company. Neither Mr. Coates nor Mr. Winters has any family relationship with any director or other executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer, or is a party to any related person transaction with the Company.