Nuvini Appoints AI Industry Leader Phoebe Wang to Board of Directors

Strategic Addition Reinforces Nuvini’s Commitment to AI-driven Growth and Cloud Innovation across Emerging Markets

Nuvini Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer and operator of profitable B2B SaaS businesses across Latin America and emerging markets, today announced the appointment of Phoebe Wang to its Board of Directors, effective as of November 14, 2025. Wang currently serves as an Investment Partner on the Corporate Development team at a leading artificial intelligence (“AI”) technology company and is an Advisor to Andrew Ng’s AI Fund.

Wang brings extensive experience and expertise across AI, venture partnerships, and enterprise technology through her various roles with multiple Fortune 10 companies, AI Fund, and multiple global AI advisory organizations. Additionally, she has invested in and advised companies advancing applied AI, machine learning, and automation technologies used across cloud and software platforms.

Ms. Wang’s appointment follows Nuvini’s recently announced partnership with Oracle, reinforcing the Company’s commitment to integrating advanced AI and cloud capabilities across its portfolio.

Pierre Schurmann, Chief Executive Officer of Nuvini, said, “Phoebe is one of the most connected AI and enterprise technology investors in the world and we are thrilled to have her join Nuvini’s board. Her experience at Top AI tech firms and AI Fund will be invaluable as we expand our use of AI and deepen our collaboration with Oracle to bring advanced data and automation capabilities to our software companies.”

Gustavo Usero, Chief Operating Officer of Nuvini, added, “Our goal is to scale profitability while deploying AI to enhance customer retention, operational efficiency, and cross-portfolio synergies. Phoebe’s background in enterprise AI, cloud strategy, and datacenter development aligns perfectly with our next phase of execution.”

Phoebe Wang commented, “Nuvini’s vision to build the leading SaaS platform across emerging markets through AI and cloud enablement is deeply compelling. I’m excited to support Pierre, Gustavo, and the team as they leverage AI to create operating scale and shareholder value.”

The addition of Wang to Nuvini’s Board strengthens the Company’s position to execute its AI-driven strategy and accelerate growth across its SaaS portfolio.

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