Charlotte’s Web Appoints M. Borgia Walker to Board of Directors

*LOUISVILLE, Colo.* – Charlotte’s Web Holdings Inc. appointed M. Borgia
Walker to its Board of Directors effective November 1.

Ms. Walker brings global leadership experience spanning transformation,
human resources, finance, mergers and acquisitions, compliance, and audit
across the consumer goods and financial services industries. She currently
serves as Chief People Officer at Reynolds American Inc., a fully owned
subsidiary of British American Tobacco plc, where she leads the company’s
overall human resources strategy, talent acquisition, leadership
development, organizational design, and cultural development. As Vice
President of Strategic Projects from 2017 to 2023, she led a multi-year
transformation initiative through automation, digitization, and
organizational design improvements.

Walker’s finance and audit background includes implementing enterprise
risk-management strategies, leading internal audit teams across all
business functions, and managing major reorganizations, regulatory
compliance programs, and FDA audit implementation.

Walker has served as the Board Chair of Allegacy Federal Credit Union (a
$2.2 billion financial institution), and as a director on the boards of the
YWCA, Winston-Salem Symphony, and Horizons Residential Care Center. She was
recognized as an Outstanding Woman in Business by the *Triad Business
Journal* in 2022 and received the YWCA Women of Vision award in 2018.

Walker holds a Bachelor of Science in Accountancy from the University of
Louisville and an MBA with a concentration in Finance from Webster
University. She is a Certified Public Accountant (CPA), licensed in
Kentucky since 2002.

Walker’s appointment brings the total number of Directors to six, replacing
Jonathan Atwood, who retired.