noco-noco Inc. announced that several directors are stepping down from their current positions. Mari Matsushita, who was working closely with Tatsuo Mori, Head of Product Management, to accelerate the battery separator mass manufacturing production process, has on February 5, 2024, notified the Company of her resignation as the Director and Chief Product Officer of the Company, effective March 5, 2024. Ms. Matsushita has advised that her resignation was due to personal reasons. In a more streamlined set up, Tatsuo Mori, Head of Product Management, will continue maintain oversight of product development and capacity building for core battery separator production.
On January 28, 2024, Mr. Heizo Takenaka notified the Company of his resignation as the Independent Director of the Company, effective February 26, 2024. Mr. Takenaka has advised that his resignation was due to personal reasons. On February 6, 2024, Mr. Timothy Teo Lai Wah notified the Company of his resignation as the Independent Director of the Company, effective February 26, 2024.