Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On January 20, 2025, Benedetta Casamento resigned from the Board of Directors of Charles & Colvard, Ltd. (the "Company"). Her resignation from the Board was not the result of any disagreement with the Company on any matter relating to its operations, policies or practices.