Phunware Announces Election of Ed Lu to the Board of Directors

Core Viewpoint - Phunware, Inc. has elected Ed Lu to its Board of Directors, enhancing its strategic and operational leadership, particularly in finance and technology [2][5]. Group 1: Board Changes - Ed Lu has been elected to the Board of Directors during the Annual Meeting of Stockholders held on December 17, 2025 [2]. - Interim CEO Jeremy Krol has been re-elected to the Board after joining in October 2025 [2]. Group 2: Ed Lu's Background - Ed Lu brings over 14 years of experience as Chief Financial Officer and similar roles in venture capital and private equity-backed companies [3]. - He currently serves as CFO and COO of Fandom, Inc., overseeing financial planning, accounting, and corporate development since October 2018 [3]. - Lu holds a B.A. in Economics from the University of California, Berkeley, and an M.S. in Management Science & Engineering from Stanford University [4]. Group 3: Strategic Importance - Ed Lu is recognized for his ability to drive hypergrowth and build scalable organizations, with extensive experience in M&A and capital markets transactions [5]. - His appointment is expected to contribute to creating sustainable, long-term value for Phunware and its shareholders [5]. Group 4: Company Overview - Phunware, Inc. specializes in mobile app solutions with integrated intelligent capabilities, providing tools for businesses to create and manage custom mobile applications [6]. - The company's mission focuses on achieving connectivity and monetization through the adoption of its mobile technologies, with plans to expand its audience through new generative AI products [7].