indie Semiconductor, Inc. announced that the Board of Directors of the Company has appointed Raja Bal, the Company?s Chief Accounting Officer, to serve as the principal financial officer. Mr. Bal also will continue to serve as the Company?s Chief Accounting Officer and principal accounting officer. Mr. Bal, 48, joined the Company in January 2020 as the Senior Vice President, Finance and Controller.

In December 2022, Mr. Bal was appointed as the Company's Chief Accounting Officer leading the Company?s accounting and finance operations. Prior to joining indie, Mr. Bal served as Operating Partner and Chief Financial Officer for True North Venture Partners and its wholly-owned portfolio companies from October 2017 to December 2019 and as Vice President and Chief Financial Officer for GT Advanced Technologies from January 2014 to October 2017. Previously, Mr. Bal served as Corporate Controller and Treasurer for Skyworks Solutions, where he held finance roles with increasing responsibility.

He also has held finance positions with Lucent Technologies and Ernst & Young. Mr. Bal holds a CPA accounting designation, a Master of Management Analytics from Queen?s University?s Smith School of Business, and a Bachelor of Commerce degree from the University of Ottawa's Telfer School of Management. Mr. Bal has no family relationships that would require disclosure under Item 401(d) of Regulation S-K .