On April 22, 2021, the Chairman of the Board of Directors of Triterras, Inc., received a letter from Matthew Richards, a member of the Board since November 2020, pursuant to which Mr. Richards resigned as a member of the Board, effective immediately. At the time of his resignation, Mr. Richards served as a member of each of the Audit Committee, Nominating Committee and Compensation Committee of the Board. Also on April 22, 2021, the Chairman of the Board of the Company received a letter from Vanessa Slowey, a member of the Board since November 2020, pursuant to which Ms. Slowey resigned as a member of the Board, effective immediately. On April 28, 2021, Yong-Moon Kim was appointed to the Board and as the Chair of the Compensation Committee and a member of the Audit Committee of the Board, effective immediately. Mr. Kim will serve as a Class II director. On April 28, 2021, Jayapal Ramasamy was appointed to the Board and as a member of the Audit Committee and the Compensation Committee of the Board, effective immediately. Mr. Jayapal will serve as a Class I director. On April 28, 2021, Lilian Koh was appointed to the Board and as a member of the Nominating and Corporate Governance Committee of the Board, effective immediately. Ms. Koh will serve as a Class II director. Ms. Koh is an independent director for general purposes under applicable SEC and Nasdaq rules.