Axe Compute Inc. (NASDAQ: AGPU) announced the appointment of Guang Yang to its Board of Directors, effective November 9, 2026. Mr. Yang fills an existing vacancy on the Board and will serve as a Class II director until the Company's 2026 annual meeting of stockholders.

The Board has determined that Mr. Yang is independent under the listing rules of The Nasdaq Stock Market LLC. He will also serve as the Chair of the Board's Audit Committee and qualifies as an audit committee financial expert under SEC rules.

Mr. Yang, age 62, is currently the Managing Partner of FTL Investments LLC, an investment firm focused on innovative companies, a position he has held since July 2020. His previous experience includes serving as Executive Chairman and Chief Executive Officer of BrightSphere Investment Group Inc. (NYSE: BSIG), an asset manager, and spending 15 years at Franklin Templeton Investments, where he served as Executive Vice President and Senior Portfolio Manager of Global Equities.

Mr. Yang holds a Ph.D. from the Australian National University, an M.B.A. from Harvard Business School, and a B.S. from the University of Science and Technology of China. He has held the Chartered Financial Analyst designation since 1998.

Following Mr. Yang's appointment, the Axe Compute Board of Directors consists of five directors, a majority of whom are independent.