07/24/2026 | Press release | Distributed by Public on 07/24/2026 15:03
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Director Appointment
On July 16, 2026, the board of directors (the "Board") of Brownie's Marine Group, Inc., a Florida corporation (the "Company"), appointed Mikkel Pitzner, age 58, to serve as a member of the Board, effective on such date. Mr. Pitzner will be paid $4,500 each quarter in common stock of the Company for such Board service.
There is no arrangement or understanding between Mr. Pitzner and any other person pursuant to which he was selected as a director, and there is no family relationship between Mr. Pitzner and any of the Company's other directors or executive officers.
There are no transactions between Mr. Pitzner and the Company that would be required to be reported under Item 404(a) of Regulation S-K.