Ondas Holdings Inc. (ONDS) Appoints Joe Popolo to its Board

Ondas Holdings Inc. (NASDAQ: ONDS) ("Ondas" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announces the appointment of Joe Popolo to its Board of Directors. Mr. Popolo, recognized for his transformative leadership and strategic acumen, brings a distinguished track record of success to the Ondas team.

Mr. Popolo has made a substantial investment in Ondas Holdings, demonstrating his strong belief in the Company's direction and growth prospects. With his current stake of approximately 19% beneficial ownership, Popolo's investment closely aligns his interests with those of other shareholders, affirming a shared confidence in Ondas' potential to lead its markets in industrial wireless networks and in commercial drones.

Throughout his extensive career, Joe Popolo has consistently delivered exceptional results and spearheaded transformative initiatives in leadership roles. As the Founder and CEO of Charles & Potomac Capital, LLC, he has cultivated a diverse portfolio of investments spanning technology, healthcare, media, energy, and real estate. His strategic foresight and commitment to excellence have propelled numerous businesses to new heights, driving sustainable growth and maximizing shareholder value.

During his tenure leading Freeman Company, Joe Popolo orchestrated a remarkable evolution, propelling the organization to become the foremost live event and brand experience company worldwide. Under his leadership, Freeman achieved unprecedented growth, expanding revenue to $3 billion and established a global footprint across four continents. His visionary leadership and strategic acumen were instrumental in navigating complex mergers and acquisitions, including the successful sale of Freeman's Encore Event Technology subsidiary to Blackstone in 2019.

"We are delighted to welcome Joe to Ondas' Board of Directors," said Eric Brock, Ondas Chairman and CEO. "Joe's extensive experience, demonstrated by a long track record of successfully building and operating businesses, will be invaluable. His significant financial commitment aligns directly with Ondas' shareholders, and I am confident that together with our existing board members and management team, we will create substantial shareholder value in the quarters and years ahead."

Mr. Popolo's appointment emphasizes Ondas Holdings' commitment to assembling a diverse and dynamic board of directors with valuable operating expertise and a shared vision for success. We believe his insights and strategic guidance will play a pivotal role in shaping the Company's future direction and driving sustainable value creation for shareholders and stakeholders alike.

"I am honored to join the Board of Directors at Ondas Holdings and contribute to the Company's growth and success," said Joe Popolo. "Ondas is at the forefront of innovation, providing valuable and reliable wireless and aerial data solutions to critical industrial and government markets. I look forward to lending my experience and expertise to help the leadership team scale the business and drive significant growth and profitability."

Joe Popolo's appointment comes at a pivotal moment for Ondas Holdings as it continues to expand its footprint and deliver innovative technology solutions to customers, helping to drive efficiencies, safety, and protection supporting the provision of critical operations and services for government, transportation, security, and defense markets globally. We believe Mr. Popolo's deep leadership experience and strategic insight will undoubtedly strengthen the Company's position as a leader across multiple industries.

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