Tofla Megaline Inc.

10/24/2025 | Press release | Distributed by Public on 10/24/2025 14:07

Management Change/Compensation (Form 8-K)

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

TOFLA Megaline Inc. (the "Company") with deep sadness announced today that Anthony Merchant, a member of the Company's Board of Directors unexpectedly passed away. The Company was informed of Mr. Merchant's passing on October 21, 2025. The Board of Directors and the management team offer their sincere condolences to the family and friends of the Merchant family during this difficult time. The Board of Directors intends to evaluate candidates to potentially fill the vacancy to the Board of Directors.

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