Nightfood Holdings Updates Board Composition and Appoints New CFO

LOS ANGELES, Aug. 14, 2026 (GLOBE NEWSWIRE) — via IBN – Nightfood Holdings, Inc. (OTCQB: NGTF), doing business as TechForce Robotics (“TechForce” or the “Company”), today announced changes to its board of directors, executive leadership and the implementation of standing board committees. The actions were reported in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission.

These changes were made in furtherance of the Company’s listing application submitted to NASDAQ. The Company understands that there is no assurance that it will meet NASDAQ’s listing qualifications or that NASDAQ will even list the Company.

Effective Aug. 7, 2026, Lei Sonny Wang and Thomas Morse resigned from the board. Wang continues to serve as the Company’s Chief Revenue Officer. Neither resignation resulted from a disagreement with the Company. The board appointed Darren Kenney and Ronald J. Stauber as directors effective the same day. Kenney is an experienced CPA and licensed California real estate broker. Stauber is an attorney with experience in corporate governance, securities offerings, business combinations and financing.

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Following these changes, the board consists of five directors. Based on the board’s independence and committee-eligibility determinations, three directors, Kenney, Stauber and Christopher Dieterich, are independent. The board also established three standing committees and adopted written charters:

Together with the board’s independent-director majority, these committee assignments meet the board and committee composition standards of the Nasdaq stock market.

On Aug. 10, 2026, the board appointed Yury Pyatigorsky as Chief Financial Officer. Jimmy Chan resigned from the Chief Financial Officer position and continues to serve as the Company’s Chief Executive Officer and Secretary.

Additional information is available in the Company’s Form 8-K and the committee charters posted on the Company’s corporate governance page.

Nightfood Holdings, Inc. is building an AI-powered enterprise robotics and automation platform focused on transforming how organizations automate physical operations. Through the development, acquisition, and commercialization of intelligent technologies, the Company is creating an integrated platform that combines autonomous robotics, artificial intelligence, software, and Robotics-as-a-Service (RaaS) to enable connected, intelligent workflows across commercial and industrial environments.