On August 25, 2026, Miles Suk voluntarily resigned as Chairman of the Board of Directors of Abpro Holdings, Inc., effective immediately. His resignation was not due to any disagreement with company operations or policies. Mr. Suk will remain a board member while the Board appoints a successor Chair at its next scheduled meeting. This follows his prior departure as Chief Executive Officer, which triggered the termination of his consulting agreement. The Company is obligated to pay Mr. Suk $50,000 in compensatory payments over a 60-day period beginning August 19, 2026, representing the remaining balance of his $300,000 annual fee. No other compensatory obligations exist beyond standard directors' fees. Abpro Holdings, Inc. operates as an investment holding company.

Abpro Holdings, Inc. announced that CEO Miles Suk voluntarily resigned effective August 19, 2026, remaining on the Board of Directors. The company terminated his consulting agreement but will pay approximately $50,000 over a 60-day period. M. Fatih Karatas was appointed Interim CEO effective August 25, 2026, serving without compensation for three months. Abpro Holdings operates in the technology and investment management sector.