TON Strategy Company Appoints Oscar Suarez to Board of Directors and Names Him Audit Committee Chair

Rhea-AI Summary

TON Strategy Company (Nasdaq: TONX), a digital asset treasury company focused on the TON ecosystem, appointed Oscar Suarez as an independent member of its Board of Directors, effective August 17, 2026. Suarez will also serve as Chair of the Audit Committee.

According to the company, Suarez brings more than 40 years of experience in accounting, tax, audit, internal control over financial reporting (ICFR), banking and public-company governance. His background includes senior leadership roles at Arthur Andersen, KPMG and Ernst & Young, service on EY’s U.S. Partner/Principal Council and Global Governance Council, and current service as an independent director and Audit Committee Chair at Amerant Bancorp.

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Accounting and financial services executive brings more than four decades of audit, tax, banking, and public-company governance experience

LAS VEGAS, Aug. 17, 2026 (GLOBE NEWSWIRE) -- TON Strategy Company (“TON Strategy” or the “Company”) (Nasdaq: TONX), a digital asset treasury company focused on supporting the TON ecosystem, today announced the appointment of Oscar Suarez to its Board of Directors (the “Board”) as an independent director, effective today, August 17, 2026. Suarez will also serve as Chair of the Company’s Audit Committee.

Suarez has more than 40 years of accounting, tax, and financial governance experience. He currently serves as an independent director and Chair of the Audit Committee of Amerant Bancorp Inc. He began his career at Arthur Andersen, where he specialized in audit and tax before developing expertise in international banking tax.

Suarez subsequently held senior leadership roles at KPMG, where he became a partner in 1995. During his tenure, he served as an International Banking Tax Partner, Latin America Global Mobility Leader, and South Florida Tax Managing Partner.

He later held enterprise-wide leadership positions at Ernst & Young LLP (EY) and was elected to the firm’s U.S. Partner/Principal Council and Global Governance Council, two of EY’s governing bodies. During his service on these councils, Suarez chaired the Finance Sub-Committee and served on the Global Audit Committee. As EY’s Markets Leader for Florida and Puerto Rico, Suarez oversaw operations across seven offices and approximately 2,000 professionals. In this role, he advised both public and private companies through periods of growth.

“On behalf of the entire TON Strategy team, I am pleased to welcome Oscar to our Board of Directors and to have him serve as Chair of our Audit Committee,” said Kevin Wilson, Chief Executive Officer of TON Strategy Company. “Oscar brings more than four decades of experience across accounting, audit, ICFR, tax and corporate governance—exactly the kind of experience we want around the Board table.”

“TON Strategy is doing something genuinely differentiated: providing U.S. public-market investors access to the growth of The Open Network through a scaled, productive position in the network and its currency,” said Suarez. “It’s an ambitious model, and one that should be matched by strong financial oversight and governance. I’m looking forward to bringing my experience to the Board as the Company continues to build.”

Suarez is an NACD Certified Director and remains active in corporate governance organizations, including the National Association of Corporate Directors and the Latino Corporate Directors Association, and has been a certified public accountant since 1982.

About TON Strategy Company
TON Strategy Company (Nasdaq: TONX) is focused on the accumulation of Gram, formerly known as Toncoin - the native cryptocurrency of Telegram’s billion-user platform - for long-term investment, whether acquired through deployment of proceeds from capital raising activity, staking rewards or via open market purchases. The Company aims to steadily expand its Gram holdings, stake Gram, and support the development of a tokenized economy inside Telegram.

Investor Relations and Media Contact:
Gateway Group, Inc.
949-574-3860
TONX@gateway-grp.com

FAQ

Who was appointed to the TON Strategy Company (Nasdaq: TONX) Board of Directors in August 2026?

Oscar Suarez was appointed as an independent director to the TON Strategy Company Board on August 17, 2026. According to TON Strategy, he also became Chair of the Audit Committee, bringing more than 40 years of accounting, tax, audit and financial governance experience.

What role will Oscar Suarez have on TON Strategy Company’s Audit Committee (TONX)?

Oscar Suarez will serve as Chair of TON Strategy Company’s Audit Committee. According to TON Strategy, his responsibilities draw on decades of work in audit, tax, ICFR, and corporate governance, including prior audit committee leadership and senior roles at KPMG and Ernst & Young.

What is Oscar Suarez’s professional background before joining TON Strategy Company (Nasdaq: TONX)?

Oscar Suarez has over four decades of experience in accounting, tax, banking and governance. According to TON Strategy, he started at Arthur Andersen, became a partner at KPMG, held enterprise-wide leadership roles at Ernst & Young, and currently chairs Amerant Bancorp’s Audit Committee.

Why did TON Strategy Company (TONX) add Oscar Suarez to its Board of Directors?

TON Strategy added Oscar Suarez for his extensive experience in accounting, audit, ICFR, tax and corporate governance. According to TON Strategy, management sees his background as well-suited to support strong financial oversight as the company builds its model linked to The Open Network.

How does TON Strategy Company describe its business model and focus for TONX investors?

TON Strategy describes itself as a digital asset treasury company focused on supporting The Open Network ecosystem. According to TON Strategy, it aims to give U.S. public-market investors exposure to TON’s growth through a scaled, productive position in the network and its currency.

What governance and professional certifications does Oscar Suarez bring to TON Strategy Company (TONX)?

Oscar Suarez is an NACD Certified Director and a long-time certified public accountant. According to TON Strategy, he remains active in governance organizations including the National Association of Corporate Directors and the Latino Corporate Directors Association, enhancing his board and audit committee credentials.