Global-SmartTech

04/03/2026 | Press release | Distributed by Public on 04/03/2026 07:49

Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On March 31, 2026, the Board of Directors Global-Smart.Tech Inc. ("the Board"), appointed Leonel Agustin Peleriti to serve as an Independent Director of the Global-Smart.Tech Inc. ("the Company"), effective immediately.

The business background descriptions of the newly appointed Independent Director is as follows:

Mr. Peleriti holds a Bachelor's degree in Information Systems Engineering from the National University of Córdoba, Argentina. From 2020 to 2023, Mr. Peleriti served as a Technology Solutions Analyst at Mercado Libre, headquartered in Buenos Aires, Argentina, where he focused on data-driven process optimization and digital infrastructure enhancements supporting cross-border e-commerce operations. In this role, he collaborated with engineering and product teams to implement scalable cloud-based solutions and improve transactional security protocols.

On March 31, 2026, the Company confirmed Mr. Peleriti's appointment as an Independent Director.

The Board has determined that Mr. Peleriti satisfies the applicable independence requirements under the rules of the Over-the-counter (OTC) Markets and the Company's corporate governance guidelines. The Board has reviewed and determined that there are no material conflicts of interest that would impair Mr. Peleriti's ability to act independently on behalf of the Company. There are no family relationships between Mr. Peleriti and any of the Company's directors or executive officers. There have been no transactions since the beginning of our last fiscal year, or any currently proposed transaction, in which we were or are to be a participant, exceeding $120,000 and in which our new officer had or will have a direct or indirect material interest. There is no material plan, contract or arrangement (whether or not written) to which our new director is a party or in which he participates that is entered into or a material amendment in connection with the triggering event or any grant or award to any such covered person or modification thereto, under any such plan, contract or arrangement in connection with any such event.

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