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Femto Technologies Announces Changes to the Board of Directors following the Passing of Chairman and Board Member Harold M Wolkin



Femto Technologies Inc.
 

(August 27, 2025) –TheNewswire - Femto Technologies Inc. (OTCID: FMTOF) (“Femto” or the “Company”), is deeply saddened to announce the passing of Mr. Harold Wolkin, a non-executive Director of the Company, Chairman and Chair of the Audit Committee.

 

Harold had been a Director on the Company’s board since March 2021, contributing to the Company a lifetime of wisdom in business, corporate governance, finance and leadership.

 

Harold was a man of unparalleled ethics and integrity. His wisdom, professionalism and kindness is a tremendous loss to the team. The Board of Directors and management team of Femto express their sincere condolences to Harold's family during this difficult time. Harold's advice, focused leadership and friendship will be greatly missed.

 

Mr. Yftah Ben Yaackov, Chief Executive Officer of Femto added, “I was very saddened to hear of the news of Harold's passing; Harold's contributions to Femto were many, he was never lacking for ideas, and never afraid to say things as they needed to be said. It is a fact that Femto is a better company because of Harold's contributions. The entire Femto team offers our sincerest condolences to Harold's family at this time."

Changes to the Board of Directors and its Committees

Femto is announcing the following changes:

Ms. Stefania Szabo is appointed as Chair of the Audit Committee and appointed as lead Director of the Board.

Mr. Carmel Zigdon is appointed to the Governance, Nominating and Compensation Committee.

Mr. Gabriel Kabazo is appointed to the Audit Committee.

The Company will announce on a later date the appointment of a new Chairperson.

About Femto Technologies Inc.

Femto Technologies Inc. (OTCID: FMTOF) is a cutting-edge femtech company spearheading transformative advancements in wellness technology. With a strong emphasis on AI-driven solutions, Femto is dedicated to innovating products that enhance well-being through intelligent technology integration.

ABOUT SENSERA

Sensera is a feminine wellness device designed to bridge the gap between feminine pleasure and wellness, providing a holistic self-care experience that adapts to a woman’s changing needs. Sensera utilizes Femto’s proprietary Smart Release System (SRS) technology, including machine learning and AI, to enhance feminine wellness. Sensera is a CES Innovation Awards® 2025 Honorary in the AI category.

For more information on Sensera, please visit www.senserawellness.com and follow us on Instagram, Facebook, and YouTube.

MEDIA CONTACT

For product demonstration and media

Samantha Breen

Opportunity PR (for Sensera)

samantha@opportunitypr.com

+1 949.290.2834

COMPANY CONTACT

Gabi Kabazo

Chief Financial Officer

Tel: (604) 833-6820

e‐mail: ir@femtocorp.com

 

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain statements that may be deemed “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended and under Canadian securities laws. When used in this press release, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward‐looking statements. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual events or developments may differ materially from those in forward-looking statements. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such statements reflect the Company's current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including future financial performance, unanticipated regulatory requests and delays, final patents approval, and those factors discussed in filings made by the company with the Canadian securities regulatory authorities, including (without limitation) in the company's management's discussion and analysis for the year ended December 31, 2024 and annual information form dated March 31, 2025, which are available under the company's profile at www.sedarplus.ca, and in the Company’s Annual Report on Form 20-F for the year then ended that was filed with the U.S. Securities and Exchange Commission on March 31, 2025. Should one or more of these factors occur, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward‐looking statements, except as required by law. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. Shareholders are cautioned not to put undue reliance on such forward‐looking statements.