MARKET WIRE NEWS

Nuvini Appoints Phoebe Wang as Chief AI Officer

MWN-AI** Summary

Nuvini Group Limited (Nasdaq: NVNI), a prominent acquirer and operator of profitable B2B SaaS businesses, has appointed Phoebe Wang as its Chief Artificial Intelligence Officer (CAIO), effective March 2, 2026. Wang, who previously served on Nuvini’s Board of Directors since November 2025, will spearhead the company’s AI strategy and execution across its portfolio.

Wang's extensive background includes her role as an Investment Partner at Amazon, where she focused on AI initiatives, along with advisory positions with Andrew Ng’s AI Fund and teaching innovation at UC Berkeley’s Haas School of Business. Her vast experience encompasses AI, enterprise technology, and venture partnerships, gained through various roles at multiple Fortune 10 companies and AI advisory organizations.

The creation of the CAIO position underlines Nuvini’s strategic intent to incorporate artificial intelligence as a foundational element of its operations and M&A strategy. In her new role, Wang will oversee AI investments and guide the development and deployment of AI capabilities, aimed at enhancing customer retention, product innovation, and synergy across Nuvini's diverse software portfolio.

Nuvini’s CEO, Pierre Schurmann, remarked on Wang's significant influence in shaping the AI strategy during her tenure on the board and noted that her leadership will be crucial in driving AI capabilities across the organization. COO Gustavo Usero highlighted the foundational AI initiatives already in place, facilitated by partnerships with companies like Oracle, and expressed optimism that Wang’s executive position would further solidify and expand these efforts.

Completing her transition from the board, Wang expressed enthusiasm for her expanded role, emphasizing the potential for investing in and scaling AI across Nuvini's operations in North America and emerging markets.

MWN-AI** Analysis

Nuvini Group Limited's recent appointment of Phoebe Wang as Chief AI Officer marks a pivotal moment for the company and provides investors an intriguing opportunity. With Wang’s extensive background in AI, including previous roles at Amazon and expertise from the AI Fund, her leadership signals Nuvini’s aggressive commitment to elevating its artificial intelligence capabilities across its portfolio of B2B SaaS companies.

The creation of the CAIO role underscores Nuvini's strategic vision to integrate AI deeply into its business model—a crucial consideration given the rapidly evolving tech landscape. The ability to enhance operational efficiencies, innovate products, and drive customer retention through AI is expected to translate into substantial competitive advantages. Investors should note the correlation between sophisticated AI implementations and improved financial performance, especially in SaaS models that thrive on recurring revenues.

Wang is also expected to foster synergies among Nuvini's diverse portfolio, potentially amplifying value creation across its acquisitions. The partnership with Oracle is particularly promising, as it provides a robust framework for scaling AI initiatives, crucial for standing out in a crowded market. Given these developments, Nuvini's stock may experience upward momentum as the market begins to recognize the potential of its AI strategy under Wang's leadership.

However, investors must remain vigilant about execution risks—integrating advanced AI capabilities can be challenging and resource-intensive. Monitoring Nuvini's progress in this regard will be key. Additionally, the ongoing discussions around financing initiatives by the CEO should be closely watched as they could impact liquidity and investor sentiment.

Overall, Nuvini seems well-positioned to harness AI's transformative capabilities, and now may be an opportune time for investors to consider adding NVNI to their portfolios, provided they are comfortable with the inherent risks associated with high-growth technology investments.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

NEW YORK, March 02, 2026 (GLOBE NEWSWIRE) -- Nuvini Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer and operator of profitable B2B SaaS businesses across America and emerging markets, today announced the appointment of Phoebe Wang as Chief Artificial Intelligence Officer (“CAIO”), effective March 2, 2026. Ms. Wang transitions from her role as a member of the Company’s Board of Directors, where she has served since November 2025, to lead Nuvini’s enterprise-wide AI strategy, investment, and implementation.

Ms. Wang previously served as an Investment Partner on the Corporate Development team at Amazon, a leading artificial intelligence (“AI”) technology company and is an Advisor to Andrew Ng’s AI Fund as well as a seasoned Lecturer on Innovation at UC Berkeley Haas Business School. She brings extensive experience and expertise across AI, venture partnerships, and enterprise technology through her various roles with multiple Fortune 10 companies, AI Fund, and multiple global AI advisory organizations. Additionally, she has invested in and advised companies advancing applied AI, machine learning, and automation technologies used across cloud and software platforms.

The newly created CAIO role reflects Nuvini’s strategic commitment to embedding artificial intelligence across its portfolio of software companies and as a key pillar of its M&A strategy. In this capacity, Ms. Wang will oversee the AI investments and strategy, lead development and deployment of AI capabilities across Nuvini’s operations, driving efficiencies in customer retention, product innovation, and cross-portfolio synergies. Her appointment builds on the Company’s partnership with Oracle and its broader initiative to integrate advanced AI and cloud capabilities throughout its SaaS ecosystem.

Pierre Schurmann, Founder and Chief Executive Officer of Nuvini, said, “Since joining our Board, Phoebe has been instrumental in shaping our AI strategy. Elevating her to the role of Chief AI Officer is a natural next step that allows us to fully leverage her deep expertise in enterprise AI, cloud strategy, and technology investments. Phoebe’s leadership will be critical as we invest full speed in AI companies, and scale AI capabilities across our portfolio and drive long-term value for our shareholders.”

Gustavo Usero, Chief Operating Officer of Nuvini, added, “With the support of key partners such as Oracle, we have already implemented a number of impactful AI initiatives across our teams and made significant progress in standardizing AI tools, including the adoption of Claude Code as a development norm across our portfolio companies. Bringing Phoebe aboard in an executive capacity takes this foundation to the next level. Her leadership will help us further institutionalize AI-driven processes, enhance operational efficiency, and unlock incremental value creation for both our shareholders and our clients.”

Phoebe Wang commented, “I’m excited to take on this expanded role at Nuvini. The opportunity to invest, build and deploy AI at scale across a diversified portfolio of software companies in North America, Latin America and emerging markets is unique. I look forward to working closely with Pierre and the entire team to accelerate our AI roadmap and unlock new growth opportunities across the platform.”

In connection with her appointment as CAIO, Ms. Wang has stepped down from the Board of Directors, effective March 2, 2026. The Board will evaluate the appointment of a replacement director in due course.

Separately, regarding the Company’s previously announced personal investment by the Company’s Chief Executive Officer, Mr. Schurmann noted, “We continue to finalize the financing to conclude this transaction. While the process has taken longer than initially anticipated, it remains on the right path, and we are working diligently toward its completion. We look forward to providing further updates in due course.”

About Nuvini

Headquartered in São Paulo, Brazil, Nuvini is Latin America’s leading serial acquirer of AI business-to-business (B2B) software as a service (SaaS) companies. The Company focuses on acquiring profitable, high-growth SaaS businesses with strong recurring revenue and cash flow generation. By fostering an entrepreneurial environment, Nuvini enables its portfolio companies to scale and maintain leadership within their respective industries.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

Investor Relations Contact:
Sofia Toledo
ir@nuvini.co


FAQ**

How will Phoebe Wang's appointment as Chief Artificial Intelligence Officer at Nuvini Group Limited (Nasdaq: NVNI) impact the company's AI integration strategies across its portfolio of B2B SaaS businesses?

Phoebe Wang's appointment as Chief Artificial Intelligence Officer at Nuvini Group Limited is likely to enhance the company's AI integration strategies, driving innovation and efficiency across its portfolio of B2B SaaS businesses, ultimately fostering competitive advantage and growth.

What specific AI initiatives has Nuvini Group Limited (NVNI) implemented under Ms. Wang's guidance, and how do these initiatives align with the company's overall M&A strategy?

Under Ms. Wang's guidance, Nuvini Group Limited has implemented AI initiatives focusing on predictive analytics and automation, aligning these efforts with the company's M&A strategy by enhancing due diligence processes and optimizing post-acquisition integration efficiencies.

In what ways does Nuvini Group Limited (Nasdaq: NVNI) plan to leverage its partnership with Oracle to enhance AI capabilities, and what are the expected outcomes of these collaborations?

Nuvini Group Limited plans to enhance its AI capabilities through its partnership with Oracle by integrating advanced cloud solutions and data analytics, aiming to improve operational efficiency and drive innovation, ultimately leading to superior customer experiences and growth.

As Nuvini Group Limited (NVNI) continues to scale AI investments and capabilities, what growth opportunities does the company foresee in North America, Latin America, and emerging markets?

Nuvini Group Limited anticipates significant growth opportunities in North America, Latin America, and emerging markets by leveraging AI to enhance customer experiences, streamline operations, and capture new client segments in diverse industries.

**MWN-AI FAQ is based on asking OpenAI questions about Nvni Group Limited (NASDAQ: NVNI).

Nvni Group Limited

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