Sensasure Technologies, Inc. announced that on December 15, 2023, Clarence Chan resigned as the Chief Executive Officer of the Company, effective immediately. Mr. Chan?s resignation was not because of a disagreement with the Company on any matter relating to the Company?s operations, policies, or practices. Simultaneously, the Board appointed Mr. James Hiza as the Chief Executive Officer of the Company, effective immediately, to serve until the meeting of the Board in which his successor is duly elected and qualified.

Mr. Hiza, age 54, began his career as a certified public accountant and went on to spend 15 years managing investment portfolios for small businesses and individuals. He was most recently the Vice President of Asset Management at Verde Bio Holdings, Inc. (Verde"), where he was responsible for oil and gas royalty acquisitions and portfolio evaluation and monitoring. Prior to joining Verde, Mr. Hiza served as a Managing Partner for Lighthouse Energy Partners for 13 years and a Managing Partner for Compass Strategies for 5 years, where he focused his practice in advanced tax planning for small business owners and their advisors.