Safe & Green Holdings Corp. Announces the Appointment of Vanessa Villaverde to the Company’s Board of Directors

Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced the appointment of Vanessa Villaverde to the Company’s Board of Directors.

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Vanessa Villaverde (Photo: Business Wire)

Vanessa Villaverde is known throughout healthcare policy circles for leveraging her expertise in both government and the private sector to structure private-public partnerships that create better access, more affordable, and more informed healthcare solutions for vulnerable populations. She is an angel investor, president of a nonprofit board Founders and Funders of Color, and a board advisor to Georgetown University Graduate School of Health. She is currently the Senior Program Investment Officer for the California Health Care Foundation, investing in innovation and enabling safety net providers and health plans to work with entrepreneurs on delivery system improvement across the MediCal program. Ms. Villaverde earned master’s Degrees from the University of Texas at Dallas and Georgetown University’s School of Nursing, as well as a Bachelor of Arts in Law, Jurisprudence, and Social Thought from Amherst College.

Paul Galvin, Chairman, and CEO commented, “It gives me great pleasure to introduce Vanessa as the latest independent addition to our Board of Directors. Vanessa's esteemed reputation in healthcare policy circles is a testament to her vast accomplishments and deep expertise. As we ambitiously push our growth boundaries and delve into new markets via our medical and environmental sectors, her vast knowledge will be indispensable.”

About Safe & Green Holdings Corp.

Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value. The Company’s subsidiary, Safe and Green Development Corporation, is a leading real estate development company. Safe & Green Medical, the Company’s medical subsidiary, provides local, point-of-care medical services, particularly within underserved communities. Formed in 2021, it focuses on the development of sites using purpose-built, prefabricated modules built from both wood and steel, sourced from one of Safe & Green Holdings’ factories and operated by the SG Echo subsidiary. For more information, visit www.safeandgreenholdings.com and follow us at @SGHcorp on Twitter.

Safe Harbor Statement

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding leveraging the new board member’s experience and industry relationships; and entering new markets through the medical and environmental subsidiaries. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include but are not limited to the factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

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