Northann Corp. Announces CEO Transition and Officer Appointments

FORT LAWN, S.C. — August 21, 2026 — Northann Corp. (the “Company”) disclosed that on August 13, 2026, the Board of Directors accepted the resignation of Lin Li as Chief Executive Officer, President, Secretary and Treasurer of the Company, effective immediately, and that on August 18, 2026, Mr. Li resigned as a member of the Board. Following his resignation from the Board, Mr. Li no longer serves as an officer, director or employee of the Company and has no role in the Company’s management, corporate governance, financing, accounting, financial reporting, audit, internal control over financial reporting, SEC reporting or NYSE American compliance matters.

On August 13, 2026, the Board appointed Kurtis W. Winn, a current director and the Chief Operating Officer of the Company, to serve additionally as President, Secretary and Treasurer of the Company. On August 13, 2026, the Board also appointed François Vachon to serve as Chief Executive Officer of the Company, effective immediately, and on August 18, 2026, appointed Mr. Vachon as a member of the Board to fill the vacancy resulting from Mr. Li’s resignation. Mr. Vachon is the Company’s principal executive officer for purposes of the Exchange Act.

See the Form 8-K filed by the Company on August 21, 2026, available on SEC EDGAR.