On August 10, 2022, Steve Ednie informed Colicity Inc. that he is resigning from his position as Chief Financial Officer of the Company, effective August 15, 2022, to pursue another business opportunity. On August 15, 2022, the Board of Directors of the Company appointed Joseph J. Viraldo as Chief Financial Officer of Colicity, commencing immediately. Mr. Viraldo will also serve as Colicity's principal financial and accounting officer.

Mr. Viraldo, age 39, has an extensive background in domestic and international accounting and tax matters, and currently serves as Director of Tax for Pendrell Corporation where he has worked since 2012. Mr. Viraldo began his professional career at Deloitte Tax LLP in the Lead Tax Services group. He holds M.S. and B.A. degrees in Accounting from Michigan State University and is a licensed Certified Public Accountant in the State of Washington.