New Era Energy & Digital, Inc. (NASDAQ:NUAI) ("New Era" or the "Company"), a developer of next-generation digital infrastructure and integrated power assets, today announced a leadership transition designed to support the Company’s next phase of execution, delivery and growth.

Effective July 1, 2026, Charlie  Nelson, currently President and Chief Operating Officer, has been appointed Chairman and Chief Executive Officer. E. Will Gray II will transition off the Board of Directors and into the role of President of the Permian, where he will continue to support New Era’s Permian Basin relationships, local stakeholder engagement and development initiatives.

The Company also announced that Ted Warner has been named President and Chief Financial Officer and appointed to the Company’s Board of Directors. In this expanded role, Mr. Warner will continue to lead New Era’s finance and capital markets functions, while also supporting broader enterprise execution and strategic planning.

In addition, New Era announced the appointment of José Rodriguez as Chief Operating Officer.