Nvni Group Limited announced the appointment of Mr. Luiz Antonio Busnello Fernandes as the new Chief Financial Officer of the Company with such appointment to be effective as of March 1, 2024. Mr. Busnello shall retain his position as Chief Operations Officer and will also now serve as the principal financial officer of the Company. Mr. Busnello succeeds Mr. Scott Klossner, who will continue to serve as a director on the Board of Directors.

Mr. Busnello previously served as Chief Financial Officer of Nuvini S.A. from October 2020 until September 29, 2023 when the Company consummated the business combination. As Chief Financial Officer, he will be responsible for the finance, accounting and legal divisions. Mr. Busnello has previously served in 2021 as Chief Technology Officer of EXP Platform where he was responsible for the platform architecture and overseeing the development of programming.

Prior to that, Mr. Busnello served as Co-Founder, Chief Financial Officer and Chief Operating Officer of Veek Tecnologia S/A, from 2016 to 2020. He also was one of the early investors in Bossa Nova and has invested in the last 10 years in more than 12 tech companies, being an advisor or board member to some of them. Mr. Busnello has more than 20 years of entrepreneurship and operational experience and has a bachelor?s degree in business administration from FAAP ?

Fundação Armando Álvares Penteado and an international executive specialization in Entrepreneurship & Innovation from Babson College.