Nusatrip Inc.

06/09/2026 | Press release | Distributed by Public on 06/09/2026 04:16

Management Change/Compensation (Form 8-K)

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

Departure of Chief Financial Officer

On May 20, 2026, NusaTrip Incorporated (the "Company") filed a Current Report on Form 8-K disclosing the appointment of Wallace Tzi Chun Foo ("Mr. Foo") as Chief Financial Officer, subject to the finalization of mutually acceptable employment or consulting terms.

On May 25, 2026, Mr. Foo informed the Company that he would not accept the appointment due to personal and family reasons. As a result, the previously disclosed appointment of Mr. Foo as Chief Financial Officer did not become effective, and Mr. Foo did not commence service in such role.

Mr. Foo's decision not to accept the appointment was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

Appointment of Chief Financial Officer

On June 2, 2026 the Board appointed Loïc Gautier ("Mr. Gautier") as Chief Financial Officer of the Company, effective June 2, 2026. Pursuant to his employment arrangement, Mr. Gautier is entitled to an annual base salary of US$150,000, eligibility for a discretionary annual cash bonus, equity-based compensation, and participation in the Company's executive benefit and incentive plans on terms generally applicable to other executive officers.

Mr. Gautier has over ten years of experience in technology, e-commerce operations, and corporate finance across Southeast Asia. He began his career at Groupon in Paris in 2012 and was subsequently recruited by Lazada, then operated under Rocket Internet, to support the company's expansion in Vietnam. In 2015, Mr. Gautier founded Leflair, a luxury flash-sales e-commerce platform operating across Vietnam and Southeast Asia, which he led through multiple funding rounds before its acquisition by Society Pass Incorporated ("SOPA") in 2021. Following the acquisition, Mr. Gautier led the financial and operational integration of Leflair into SOPA and served in a senior capacity supporting SOPA's initial public offering on the Nasdaq Capital Market in 2022, including preparation of financial disclosures and coordination with external auditors and counsel. In May 2026, Mr. Gautier was appointed by the Board of Directors of the Company as a Designated Board Representative and led the Board's review of the Company's financial records and operations. Mr. Gautier received his Master's degree from INSEEC Business School in 2013.

To the Company's knowledge, there are no family relationships between Mr. Gautier and any director or executive officer of the Company, and Mr. Gautier does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Appointment of Chief Technology Officer

On June 2, 2026, the Board appointed Binglin Yu ("Mr. Yu") as Chief Technology Officer of the Company, effective June 2, 2026. Pursuant to his employment arrangement, Mr. Yu is entitled to a base salary of RMB 55,000 per month.

Mr. Yu has more than ten years of experience in technology leadership roles involving large-scale distributed systems, global distribution system (GDS) integration, and B2B travel platform development. Prior to his appointment as a corporate officer of the Company, Mr. Yu served as Chief Technology Officer of Beijing Nuosa You Technology Co., Ltd., a wholly owned subsidiary of the Company, from April 2025. In that role, he led the establishment of the Company's Beijing technology office from inception, including team recruitment, infrastructure procurement, system architecture design, development and testing processes, and the build-out of the Company's B2B air ticket distribution platform and AI-assisted booking systems. From 2020 to March 2025, Mr. Yu served as an independent technology consultant, providing advisory services to airlines, air ticket suppliers, and travel technology companies. Prior to his consulting practice, Mr. Yu served as Technical Director for International Air Tickets at Tongcheng Yilong (now Tongcheng Travel Holdings Limited, listed on the Hong Kong Stock Exchange) from May 2017 to May 2020, where he led a cross-functional team of approximately 50 engineers and held overall technical responsibility for the international air ticketing business, including GDS integration, published fare engines, policy systems, and high-performance distributed computing platforms. He previously served as Senior Technical Director at Meicai Network from June 2016 to May 2017 and as Technical Director at Qunar.com from August 2014 to June 2016. Mr. Yu holds a Bachelor of Science in Computer Science and Technology from Peking University.

Nusatrip Inc. published this content on June 09, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 09, 2026 at 10:16 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]