Movella (MVLA) Announces Resignation of its Public Accounting Firm

On March 19, 2024, the Company's Board of Directors appointed Marcum LLP ("Marcum") as the Movella (NASDAQ: MVLA) independent registered public accounting firm effective March 19, 2024. The decision to appoint Marcum was recommended and approved by our Audit Committee following the Committee's process to determine the Company's independent registered public accounting firm. During the two fiscal years ended December 31, 2023 and 2022 and the subsequent interim period through March 19, 2024, neither the Company, nor anyone on the Company's behalf, consulted with Marcum regarding: (i) the application of accounting principles to a specified transaction, either completed or proposed; (ii) the type of audit opinion that might be rendered on the Company's financial statements, and Marcum did not provide any written report or oral advice that Marcum concluded was an important factor considered by the Company in reaching a decision as to any such accounting, auditing or financial reporting issue; (iii) any matter that was the subject of a "disagreement" within the meaning of Item 304(a)(1)(iv) of Regulation S-K or (iv) any "reportable event" within the meaning of Item 304(a)(1)(v) of Regulation S-K.

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