Cartica Acquisition Corp. appointed Suresh Singamsetty, a director of the Company, as Chief Investment Officer of the Company, effective immedately. There is no arrangement or understanding between Mr. Singamsetty and any other person pursuant to which he was appointed as Chief Investment Officer of the Company.

Mr. Singamsetty, 49, has served as a director of the Company since May 2023. He has served as CEO and director of WiSilica Inc. and director of its subsidiary, namely, WiSilica India Pvt. Ltd., since June 2013.

WiSilica Inc. is a technology company providing scalable IoT platform solutions. Since July 2021, he has served as Chief Financial Officer and a director of Namaste World Acquisition Corporation. Mr. Singamsetty has also served as CTO of Tracesafe Inc. (CSE: TSF), a publicly listed technology company focusing on safety-based wearable technology, since May 2020.

Additionally, Mr. Singamsetty co-founded Transilica Inc., a developer of chips based on Bluetooth technology which was acquired by Microtune Inc. and served as its Director of Software Engineering from 2000 to 2003. Mr. Singamsetty also co-founded Martian Watches, a company manufacturing the first watch to utilize voice command, and served as its Vice President of Engineering from 2008 to 2013. He also co-founded Jaalaa Inc., a low power wireless semiconductor company, and served as its Vice Presisdent of Digital Engineering from 2003 to 2007.