Columbia, South Carolina--(Newsfile Corp. - April 1, 2026) - Elauwit Connection, Inc. (NASDAQ:ELWT) (&#34;Elauwit&#34; or the &#34;Company&#34;), a national managed services provider of turnkey broadband and property-wide WiFi networks

<p>Columbia, South Carolina--(Newsfile Corp. - April 1, 2026) - Elauwit Connection, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ELWT">ELWT</a>) ("Elauwit" or the "Company"), a national managed services provider of turnkey broadband and property-wide WiFi networks serving multifamily, student housing, and senior living communities, today announced the appointment of James Di Bartolo as Chief Financial Officer, effective April 2, 2026.</p><p>"We are excited to welcome James to the Elauwit team as we continue to gain share in the robust multifamily housing market and expand the team to support our continued development," said Dan McDonough, Executive Chairman. "James brings financial acumen and leadership to the role, plus a wealth of capital markets experience we intend to leverage as we continue to grow."</p><p>"I also want to thank Sean Arnette for his exceptional work as part of the Elauwit team and our first Chief Financial Officer as a public company. Sean played a critical role in readying Elauwit for our initial public offering last fall, and led us through our first quarters as a public Company. We wish him well in his next role," McDonough concluded. </p><p>Prior to joining the Company, Mr. Di Bartolo served as Vice President, Structured Investing Group at Goldman Sachs &#38; Co. from October 2024 to March 2026. From June 2021 to October 2024, Mr. Di Bartolo served as Vice President, Strategic Transactions Group at Barclays PLC. He also served in Investment Banking roles at Lazard Fr&#232;res &#38; Co., Varadero Capital, L.P. and in the Natural Resources Group at Goldman Sachs &#38; Co. </p><p>In connection with this transition, Mr. Arnette is departing from his position as Chief Financial Officer effective as of April 2, 2026. </p><p><b>About Elauwit Connection (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ELWT">ELWT</a>)</b></p><p>Elauwit is a<b> publicly traded connectivity MSP dedicated</b> to rental communities, including multifamily properties, student housing, and senior living. Elauwit designs, builds, and operates managed networks, backed by a service model that treats property teams and residents like a <b>relationship,</b> <i>not an account number</i>. <br /><br />With dependable connections, exceptional resident support, and no-upfront-cost options, Elauwit helps owners <b>deliver premium connectivity as a competitive advantage</b>, supporting new revenue, resident retention and increased asset value.<br /><br />Visit: <a href="https://api.newsfilecorp.com/redirect/4YgxZiQ5D0">www.elauwit.com</a></p><p><b>Forward-Looking Statements</b></p><p>This press release contains forward-looking statements, including with respect to the Company's growth strategies and its performance as a public company.  The words "continue," "intend," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including market and other conditions and the Company's ability to achieve its growth objectives, and other factors set forth in the Company's filings with the SEC, including the Company's annual report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 31, 2026, and subsequent quarterly reports on Form 10-Q. Actual results might differ materially from those explicit or implicit in the forward-looking statements. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.</p><div id="contactInfo"><p><b>Media Contact:</b> Katie Hayward Vice President of Marketing <a href="mailto:sales-pr@elauwit.com">sales-pr@elauwit.com</a></p><p><b>Investor Relations:</b> Matt Kreps Darrow Associates <a href="mailto:mkreps@darrowir.com">mkreps@darrowir.com</a> +1-214-597-8200</p></div><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/11803/290727_b19e0770b4199956_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/jN5Q1hOB4O">https://www.newsfilecorp.com/release/290727</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/290727/197" alt="" /></p>

ELWT

Elauwit Connection Appoints James Di Bartolo as Chief Financial Officer

James Di Bartolo Joins Elauwit as New CFO Amid Expansion Plans

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Columbia, South Carolina--(Newsfile Corp. - April 1, 2026) - Elauwit Connection, Inc. (NASDAQ:ELWT) (&amp;#34;Elauwit&amp;#34; or the &amp;#34;Company&amp;#34;), a national managed services provider of turnkey broadband and property-wide WiFi networks</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Elauwit Connection has appointed James Di Bartolo as Chief Financial Officer, effective April 2, 2026, succeeding Sean Arnette. Di Bartolo&#039;s extensive capital markets experience could bolster Elauwit’s growth strategy, especially as the company targets the expanding multifamily housing market. This leadership change may enhance investor confidence and drive stock performance in the near term.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Elauwit appointed James Di Bartolo as CFO effective April 2, 2026.</li><li>Di Bartolo brings significant capital markets experience from Goldman Sachs and Barclays.</li><li>Former CFO Sean Arnette is departing the company after facilitating the IPO.</li><li>The firm aims to expand in the multifamily housing market with a strong team.</li><li>Elauwit focuses on managed WiFi networks for diverse rental communities.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Goldman Sachs (GS)</strong>: Di Bartolo’s experience at Goldman Sachs adds credibility to his role.</li><li><strong>Barclays PLC (BCS)</strong>: His previous tenure at Barclays aligns with financing and structured investment expertise.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>The news falls under &#039;Corporate Developments&#039; as it involves a significant leadership change that can impact the strategic direction and financial performance of Elauwit. Strong management is often correlated with favorable investor outlooks, especially during growth phases.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>New CFO appointment may instill investor confidence and drive ELWT shares higher.</li><li>Expansion into multifamily markets could improve revenues and operating performance.</li><li>Investor sentiment may shift positively if growth strategies are effectively communicated.</li><li>The market&#039;s response to leadership changes typically impacts stock volatility.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>James Di Bartolo officially starts as CFO on April 2, 2026.</li><li>Former CFO Sean Arnette facilitated Elauwit&#039;s IPO in late 2025.</li><li>Elauwit offers managed services in multifamily, student housing, and senior living markets.</li><li>The company emphasizes relationship-based service for connectivity provision.</li><li>Elauwit’s growth strategy relies on expanding its share in the housing market.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying ELWT shares in anticipation of positive growth signals due to leadership transition.</p>
  </section>
</section>


<p>Columbia, South Carolina--(Newsfile Corp. - April 1, 2026) - Elauwit Connection, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ELWT">ELWT</a>) ("Elauwit" or the "Company"), a national managed services provider of turnkey broadband and property-wide WiFi networks serving multifamily, student housing, and senior living communities, today announced the appointment of James Di Bartolo as Chief Financial Officer, effective April 2, 2026.</p><p>"We are excited to welcome James to the Elauwit team as we continue to gain share in the robust multifamily housing market and expand the team to support our continued development," said Dan McDonough, Executive Chairman. "James brings financial acumen and leadership to the role, plus a wealth of capital markets experience we intend to leverage as we continue to grow."</p><p>"I also want to thank Sean Arnette for his exceptional work as part of the Elauwit team and our first Chief Financial Officer as a public company. Sean played a critical role in readying Elauwit for our initial public offering last fall, and led us through our first quarters as a public Company. We wish him well in his next role," McDonough concluded. </p><p>Prior to joining the Company, Mr. Di Bartolo served as Vice President, Structured Investing Group at Goldman Sachs &#38; Co. from October 2024 to March 2026. From June 2021 to October 2024, Mr. Di Bartolo served as Vice President, Strategic Transactions Group at Barclays PLC. He also served in Investment Banking roles at Lazard Fr&#232;res &#38; Co., Varadero Capital, L.P. and in the Natural Resources Group at Goldman Sachs &#38; Co. </p><p>In connection with this transition, Mr. Arnette is departing from his position as Chief Financial Officer effective as of April 2, 2026. </p><p><b>About Elauwit Connection (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ELWT">ELWT</a>)</b></p><p>Elauwit is a<b> publicly traded connectivity MSP dedicated</b> to rental communities, including multifamily properties, student housing, and senior living. Elauwit designs, builds, and operates managed networks, backed by a service model that treats property teams and residents like a <b>relationship,</b> <i>not an account number</i>. <br /><br />With dependable connections, exceptional resident support, and no-upfront-cost options, Elauwit helps owners <b>deliver premium connectivity as a competitive advantage</b>, supporting new revenue, resident retention and increased asset value.<br /><br />Visit: <a href="https://api.newsfilecorp.com/redirect/4YgxZiQ5D0">www.elauwit.com</a></p><p><b>Forward-Looking Statements</b></p><p>This press release contains forward-looking statements, including with respect to the Company's growth strategies and its performance as a public company.  The words "continue," "intend," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including market and other conditions and the Company's ability to achieve its growth objectives, and other factors set forth in the Company's filings with the SEC, including the Company's annual report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 31, 2026, and subsequent quarterly reports on Form 10-Q. Actual results might differ materially from those explicit or implicit in the forward-looking statements. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.</p><div id="contactInfo"><p><b>Media Contact:</b> Katie Hayward Vice President of Marketing <a href="mailto:sales-pr@elauwit.com">sales-pr@elauwit.com</a></p><p><b>Investor Relations:</b> Matt Kreps Darrow Associates <a href="mailto:mkreps@darrowir.com">mkreps@darrowir.com</a> +1-214-597-8200</p></div><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/11803/290727_b19e0770b4199956_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/jN5Q1hOB4O">https://www.newsfilecorp.com/release/290727</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/290727/197" alt="" /></p>

Elauwit Connection has appointed James Di Bartolo as Chief Financial Officer, effective April 2, 2026, succeeding Sean Arnette. Di Bartolo's extensive capital markets experience could bolster Elauwit’s growth strategy, especially as the company targets the expanding multifamily housing market. This leadership change may enhance investor confidence and drive stock performance in the near term.

Elauwit Connection Appoints James Di Bartolo as Chief Financial Officer

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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