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

Patrick Bertagna's employment agreement as the Interim Chief Executive Officer of GBT Technologies, Inc. (the "Company") expired as of July 15, 2026. In connection with that expiration, Mr. Bertagna also concurrently resigned from the Company's Board of Directors (the "Board"). Neither the expiration of the employment agreement nor his resignation from the Board was the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

Immediately prior to Mr. Bertagna's resignation as the sole member of the Board, he appointed Minh Collins, the current President of Cube X Media Corporation, a wholly-owned subsidiary of the Company, to serve as a director of the Company and also as the Company's Chief Executive Officer. The appointments were effective the following day, July 16, 2026. Mr. Collins will serve as a director until the Company's 2027 Annual Meeting of Stockholders, or until his successor is duly elected and qualified, or until his earlier death, resignation, or removal.

Mr. Collins has over 20 years of experience in film, television, and commercial production. His directing credits include "Qualifying" (2021), "Clown Fear" (2020), documentary "Rocking the Couch" (2019), and "Hit List," an internationally distributed feature. Over the past five years, his key roles have included serving as the Chief Executive Officer of 24 Collins Studios from January 2024 through the present, and as a film director for Nu Boyana Film Studios since 2021. 24 Collins Studios provides comprehensive film and video production services in California. Nu Boyana Film Studios is a film studio and sound stage, offering a full range of film production and post-production services in Sofia, Bulgari. Mr. Collins also founded the Hollywood Florida Film Festival in 2015 and continues to serve as its creative visionary.

There are no family relationships between Mr. Collins and any director or executive officer of the Company. Mr. Magers has not been involved in any transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K.