Netlist (NLST) announces Board appointments

Netlist, Inc. (OTCQB: NLST) today announced that Jun S. Cho and Blake Welcher have been appointed as independent members to the Company's Board of Directors, effective June 20, 2025.

C.K. Hong, Netlist's Chief Executive Officer, said, "Jun and Blake are experienced strategic advisors with extensive expertise in product distribution, intellectual property and licensing. We are excited to welcome them to the Board as we continue to execute on our product development and intellectual property initiatives."

Mr. Cho most recently served as Vice President and General Counsel for the India Asia Pacific Region for Stellantis NV, where he led initiatives in technology licensing, product distribution, M&A transactions and joint ventures, from Beijing, Shanghai and Auburn Hills. Prior to that, he specialized in international financing and corporate transactions working for Debevoise & Plimpton in New York, Kim & Chang in Seoul, Korea and Arnold & Porter in Washington D.C. Mr. Cho holds a Juris Doctorate degree from the New York University School of Law and is admitted to the bar in the state of New York and in Washington D.C. He received his undergraduate degree from the College of William and Mary.

Mr. Welcher currently serves as a Strategic Board Member of Curbit. He also served as Chief Legal Officer of Revolution Prep LLC and as Vice President, General Counsel of PSI Servies LLC. Prior to this, he had a long tenure at DTS, Inc. As Executive VP, Legal & Licensing, General Counsel, and Corporate Secretary, he oversaw the company's global legal and licensing operations, corporate governance and risk management. Mr. Welcher holds a Juris Doctorate and Masters of Intellectual Property degree from Franklin Pierce Law Center and is a U.S. licensed Patent Attorney. He received his undergraduate degree from California Polytechnic State University at San Luis Obispo.

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