Annemarie Tierney Appointed to CEA Industries (BNC) Board of Directors

11/28/2025 – 01:07 AM

Louisville, CO, Nov. 28, 2025 – CEA Industries Inc. (Nasdaq: BNC), which manages the world’s largest corporate treasury of Binance Coin (BNB), announced that Annemarie Tierney, founder and principal of Liquid Advisors, has been appointed to the company’s Board of Directors, effective Wednesday, November 26, 2025.

Tierney joins a seasoned board that includes Hans Thomas, Russell Read, Tony McDonald, Carly Howard, and Nick Etten, collectively bringing extensive experience across public markets, governance, investment oversight, and digital‑asset market structure.

Tierney is the founder of Liquid Advisors, a strategic consulting firm serving clients throughout the digital‑asset ecosystem. She has served on multiple advisory and governance bodies, including executive strategy and legal positions at Templum, Nasdaq Private Market, SecondMarket Holdings (now part of Digital Currency Group), the NYSE, Skadden Arps, and the U.S. Securities and Exchange Commission. Notably, she led the regulatory effort that secured OTC QX approval for the publicly traded Grayscale Bitcoin Investment Trust (GBTC) and helped launch SecondMarket’s broker‑dealer platform for bitcoin trading.

She is a longtime member of the Board of Directors of the Association of SEC Alumni, where she served as President from 2023 to 2025, and previously sat on the SEC’s Advisory Committee on Small and Emerging Companies. Tierney holds FINRA Series 7, 63, and 24 licenses.

“We are building a board with the expertise and judgment required for the next phase of BNC’s growth,” said David Namdar, CEO of CEA Industries. “Annemarie brings globally recognized leadership in regulation and governance, and her appointment further solidifies BNC’s foundations as we pursue our mission to build the world’s largest and most transparent BNB treasury.”

Commenting on the appointment, Tierney said: “BNC is building a governance framework and operational model that aligns with the expectations of regulators, institutional investors, and public‑company stakeholders. I look forward to working with the Board and management team as the Company continues to strengthen its regulatory alignment, oversight processes, and long‑term strategic direction.”

ENDS

About CEA Industries Inc.

CEA Industries Inc. (Nasdaq: BNC) is a growth‑oriented company focused on building category‑leading businesses in consumer markets, including the management of the world’s largest corporate treasury of Binance Coin (BNB). BNC offers investors institutional‑grade exposure to BNB.

Forward‑Looking Statements

This release contains forward‑looking statements that involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially. These statements include, without limitation, expectations regarding BNC’s position as the largest BNB treasury, the growth and adoption of the BNB ecosystem, and the company’s ability to scale its holdings and introduce innovative structures. Readers are cautioned to review the risk factors disclosed in BNC’s SEC filings, including its Form 10‑K filed March 27 2025 and Form 10‑KT filed July 25 2025, for a more complete understanding of the risks that could affect future performance.

Strategic Implications

Tierney’s appointment arrives at a pivotal moment for BNC as the digital‑asset market navigates increasing regulatory scrutiny worldwide. Her deep familiarity with SEC processes and market‑structure design equips the board to proactively engage with regulators, potentially smoothing the path for future product launches that require SEC clearance, such as regulated BNB‑linked exchange‑traded products.

From a technology perspective, Tierney’s experience with platform‑scale initiatives at Nasdaq Private Market and SecondMarket suggests she can guide BNC in enhancing its treasury management infrastructure. Leveraging advanced settlement engines and on‑chain analytics will be essential for maintaining the liquidity and transparency that institutional investors demand.

Furthermore, Tierney’s FINRA licensure adds credibility to BNC’s compliance posture, a critical factor as the company seeks to attract traditional financial institutions that require rigorous oversight. Her background in corporate governance also strengthens board oversight of risk‑management frameworks, including cyber‑risk and custody‑provider evaluations—a growing concern in the crypto‑asset space.

Overall, the addition of Tierney aligns with BNC’s strategic roadmap to transition from a pure‑play crypto treasury manager to a fully regulated financial services platform. By reinforcing its governance and regulatory expertise, BNC positions itself to capture a larger share of institutional capital flowing into the Binance ecosystem, while mitigating the operational risks associated with rapid market expansion.