NEW YORK -- (Business Wire)

Avalanche Treasury Co. (Nasdaq: AVAT) (“AVAT” or the “Company”), a publicly traded digital asset treasury company focused on the Avalanche ecosystem, announced the appointment of Virginia Gambale to its Board of Directors.

Gambale is an accomplished technology leader, investor and experienced board director with deep expertise spanning financial services, emerging technology and public company governance. She has served on more than 20 public and private company boards and currently serves as Chair of the Board of Nutanix, as well as a director of EVERTEC and Virtu Financial.

"Virginia has unparalleled experience navigating major technology shifts and advising companies through periods of transformation," said Bart Smith, Chief Executive Officer of AVAT. "Her experience helping companies scale in the public markets will be highly valuable as we continue building AVAT and executing on our long-term strategy.”

“I am excited to join the Board of Avalanche Treasury Co. at an important moment in the evolution of digital financial infrastructure,” said Gambale. “Blockchain and tokenization have the potential to fundamentally reshape financial markets, and AVAT’s focus on the Avalanche ecosystem presents a compelling opportunity to help advance institutional adoption. I look forward to working with the Board and management team as AVAT builds a durable public company with the governance and strategic discipline required for long-term success.”

Gambale is Managing Partner of Azimuth Partners LLC, where she advises companies on the adoption of disruptive and emerging technologies, including AI, quantum computing, cloud, data analytics and blockchain. She previously held senior management positions, including CIO and Managing Director roles, at Merrill Lynch, Bankers Trust, Deutsche Bank and Marsh & McLennan. She also served as Head of Deutsche Bank Strategic Ventures and subsequently as a General Partner at Deutsche Bank Capital and ABS Ventures before founding Azimuth Partners in 2003.

In addition to her current public company board roles, Gambale’s prior board service includes JetBlue Airways, Piper Jaffray, Synchronoss Technologies and FD Technologies, among others. She is also an adjunct faculty member and mentor for Columbia University’s Masters in Technology Leadership program and serves on the Board of Trustees of The Juilliard School. Gambale holds a B.S. in Mathematics and Computer Science from the New York Institute of Technology.

About AVAT

AVAT (Avalanche Treasury Co.) is a Nasdaq-listed company that provides investors with exposure to the Avalanche ecosystem as businesses move on-chain. Investors in AVAT hold shares in a publicly listed company whose value is tied to Avalanche, the blockchain technology platform of choice for some of the world's most recognized and trusted institutions. AVAT is designed for those who want access to the blockchain infrastructure that offers flexibility, interoperability, and speed without holding a digital asset directly. For more information, visit avat.com.

About Avalanche

Avalanche is a technology platform built for business. Enterprises, financial institutions, consumer applications, and governments run core infrastructure on Avalanche as it provides reliability, compliance, and speed. For more information, visit avax.network.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the evolution of digital financial infrastructure, the potential of blockchain and tokenization to reshape financial markets, institutional adoption of Avalanche and the long-term durability and success of AVAT. These forward-looking statements are based on current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties, and other important factors that may cause actual future events, results, or achievements to be materially different from the Company's expectations and projections expressed or implied by the forward-looking statements. Important factors include, but are not limited to, those discussed under the caption "Risk Factors" in AVAT's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the SEC on August 19, 2026, AVAT’s Registration Statement on Form S-1 filed with the Securities and Exchange Commission on July 10, 2026 and in AVAT's other filings with the SEC. Forward-looking statements speak only as of the date of this press release, and AVAT assumes no obligation to update such forward-looking statements, except as required by law.

AVAT intends to use its website as a channel of distribution to disclose information which may be of interest or material to investors and to communicate with investors and the public. Such disclosures will be included on AVAT's website. As a result, AVAT encourages investors and others interested to review the information that it posts and to monitor such portions of AVAT's website and social media channels on a regular basis, in addition to following AVAT's press releases, SEC filings, and public conference calls and webcasts. The contents of AVAT's website and social media channels shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260910168684/en/

Contacts:

Investor Relations
Email: ir@avat.com
Website: avat.com/investor-relations

Media Relations
Email: media@avat.com

Source: Avalanche Treasury Co.