Live Oak Acquisition Corp. V appointed Somak Chivavibul as a Class I director, effective February 25, 2026. Mr. Chivavibul has been determined to be an independent director. He will serve as a member of the audit committee and as the chair of the compensation committee. Mr. Chivavibul brings over 25 years of experience in public company financial management, capital markets, strategic planning, and risk oversight. His background includes roles as CFO and Chief Decision Management Officer at Navient Corporation and senior finance leadership at Sallie Mae.