Material Welcomes Ranjan Kalia as Chief Financial Officer - New CFO brings strong global finance leadership to support clients in the company's future growth - New York, NY - May 19, 2026 - Material Plus Holdings, LLC (Material), an intelligent growth company providing AI-driven consumer insights, growth strategy, product design and digital platform engineering, is pleased to welcome Ranjan Kalia as Chief Financial Officer (CFO). Kalia's appointment comes as Material continues to scale its global capabilities, helping clients harness the power of data and AI to deliver demand-centric growth. A three-time CFO with more than 30 years of experience, Kalia brings incisive financial perspectives and operational command shaped by senior leadership roles across both public companies and private-equity owned enterprises. Laila Worrell, Material's CEO, stated, "Ranjan's leadership as CFO will play a pivotal role in our next phase of growth, as we invest to deliver even greater innovation and value for our clients. He brings a global, results-oriented mindset and a strong track record scaling tech-enabled services businesses. He will be a tremendous partner in executing Material's strategy and creating exceptional outcomes for our clients." Kalia will partner with Material's executive team to advance the company's continued global expansion and investment in AI and data capabilities. Kalia commented, "Material sits at a powerful intersection of customer data, behavioral and decision science, product design and platform engineering. Material is in a category-of-one in bringing these differentiated capabilities together to drive growth for clients. I am energized by the company's momentum, the caliber of its people and its longstanding client relationships with the world's most influential companies. The opportunity ahead is significant, and I look forward to helping Material continue to capture it." About Ranjan Kalia, Chief Financial Officer (CFO) Ranjan Kalia joins Material with more than 30 years of experience leading finance organizations across global businesses. Most recently, Kalia was CFO at Brillio, and before that at Orion Innovation and Virtusa Corporation, where he was a central figure in scaling Virtusa's business from roughly $100 million to $1.2 billion in revenue. Earlier in his career, Kalia held senior finance and operational leadership roles at EMC Corporation, General Electric Company, PepsiCo, Inc., and PricewaterhouseCoopers LLP, building a foundation in global finance, audit and operations. About Material

Material, a growth strategy company providing consumer data and insights, brand strategy and product innovation, is pleased to announce the appointment of Oscar Yuan as Chief Strategy and Growth Officer.