Effective December 19, 2013, Jingshuang Liu resigned as the Powin Corporation President. Ms. Liu was appointed as Vice President, Supply Chain. Ms. Liu will continue as a director of the company.

Effective December 19, 2013, Jeffrey D. Grumbling was appointed as President of the company. Mr. Grumbling will continue to serve as the President and Chief Executive Officer of Powin Energy Corporation, the company's wholly-owned subsidiary.