On October 28, 2026, the Board of Directors (the "Board") of Picard Medical, Inc., a Delaware company (the "Company") appointed Richard Fang, Ph.D., as the Company’s Chief Executive Officer on a permanent, full-time basis, effective as of the same date. Dr. Fang has served as Interim Chief Executive Officer since June 18, 2026 and will continue to serve as Chairman of the Board.

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