Embark Technology, Inc. announced that on April 28, 2023, Richard Hawwa and Embark Trucks, Inc. reached an agreement regarding Mr. Hawwa's resignation from his position as the Company's Chief Financial Officer effective April 28, 2023. On April 26, 2023, the Board of Directors of the Company approved the appointment of Morgan Dioli to serve as the Company's interim Chief Financial Officer and designated Mr. Dioli to serve as the Company's principal financial officer and principal accounting officer, succeeding Mr. Hawwa. Mr. Dioli's appointment will be effective upon the Separation Date.

Mr. Dioli, age 54, has served as a partner at Ravix Group Inc. (“Ravix”), a provider of outsourced accounting, financial consulting and financial management services, since 2016. Mr. Dioli is a managing partner and consulting CFO for Ravix Group. Over the past 20 years, Mr. Dioli has worked for a wide range of startups and technology companies.

Prior to joining Ravix Group, he was the CFO for SocialChorus. He co-founded Azzurri Finance, a finance and accounting consulting firm. His clients included Twitter, Getaround, Scribd, Swiftype, Terracotta and Hazelcast.

Mr. Dioli earned his MBA from the McDonough School of Business at Georgetown University.