MIAMI, May 21, 2026 – Eric Swider, a veteran public-company and SPAC executive who played a central role in the transaction that brought Truth Social to the public markets, is clarifying that he stepped down from the board of Trump Media & Technology Group (Nasdaq: DJT) (or “Trump Media”) earlier this year in order to devote his time and energy to Rubidex and its next phase of growth, including its broader strategic and capital-markets development. Trump Media disclosed in an SEC filing that Swider’s resignation became effective April 6, 2026, and that it did not arise from or relate to any dispute with management or the board.

Swider’s departure marks a significant transition given the role he played in the success of the Truth Social de‑SPAC and its path to the public markets. He served as interim chief executive officer of Digital World Acquisition Corp. (“DWAC”) beginning in March 2023, became chief executive officer in July 2023, and had served on DWAC’s board since September 2021, placing him at the center of the process that ultimately brought Trump Media to the public market in 2024. Over the course of his career, Swider has built a reputation as a disciplined operator with deep experience across SPACs, governance, and special situations. In addition to leading DWAC through one of the most closely watched de‑SPAC transactions in recent years, he served as a director of Benessere Capital Acquisition Corp., founded Renatus Advisors, and has advised clients on complex legal, strategic, and operational matters.

Eric Swider co-founded Rubidex and has served as Chief Executive Officer since January 2020. Rubidex is the foundational infrastructure platform powering secure distributed intelligence - enabling enterprises, institutions, and operational environments to turn sensitive data into trusted intelligence for AI, automation, and intelligent operations without giving up privacy, ownership, or control.

Rubidex is building the foundational infrastructure layer for secure distributed intelligence. The company provides the trust layer that allows data, identity, intelligent operations, and emerging Reality Intelligence systems to work together securely across enterprises, infrastructure systems, and digital environments. By keeping sensitive data encrypted, governed, and auditable at the source, Rubidex enables organizations to deploy high-value information into AI, automation, and operational intelligence without giving up privacy, ownership, or control. This positions Rubidex as a category-defining infrastructure platform for a world where secure intelligence, data sovereignty, trusted operations, and Reality Intelligence must scale together. For more information, visit: https://rubidex.ai.

The mission of Trump Media is to end Big Tech’s assault on free speech by opening up the Internet and giving people their voices back. Trump Media operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations; Truth+, a TV streaming platform focusing on family‑friendly live TV channels and on‑demand content; and Truth.Fi, a financial services and FinTech brand incorporating America First investment vehicles.