Michael W. Strambi resigned as Chief Financial Officer of Telenav, Inc. effective January 2, 2019. While the Company completes its search for a new chief financial officer, the Company has engaged the services of Fuad Ahmad, a partner of FLG Partners, LLC to provide financial consulting services to the Company. To facilitate the performance of those services by Mr. Ahmad, effective January 3, 2019, the Board of Directors of the Company appointed Mr. Ahmad as Interim Chief Financial Officer of the Company.

Mr. Ahmad also will serve as the Company's principal financial officer and principal accounting officer. Mr. Ahmad, has been a partner of FLG Partners since 2013. Previously, Mr. Ahmad served as Senior Vice President and Chief Financial Officer of Quantum Corporation, a data storage company, from April 2016 to May 2018.