E Automotive Inc. d/b/a EINC announced that it has engaged an external firm to initiate a search for a new Chief Financial Officer (CFO) as a result of an agreement between the Company and Andrew Bohlin that he intends to pursue new opportunities. Mr. Bohlin will remain with EINC as CFO through a transition period until September 1, 2023. Mr. Bohlin will continue to oversee the financial reporting through the second quarter of 2023 while the executive search proceeds.

The Company will update the market on the search upon its completion.