Management Change/Compensation (Form 8-K)

Item 5.02 - Departure of Certain Officer; Appointment of certain Officer

On March 31, 2026, the Board of Directors (the "Board") of Regenerex Pharma, Inc. (the "Company") determined upon review, to place Kenneth Perry, the Company's Chief Financial Officer, on administrative suspension leave with pay, effective immediately.

In connection with this action, Mr. Perry's duties, responsibilities, and authority as Chief Financial Officer have been removed and reassigned on an interim basis to an interim CFO designated by the Board.

Mr. Perry will remain an employee of the Company during the period of administrative suspension leave and will continue to receive his base salary and benefits in accordance with his existing employment arrangements, subject to applicable law and Company policy.

The Board's decision was based on identified concerns relating to, among other matters, compliance with Board directives, financial oversight, corporate governance, and the Company's financial reporting processes and internal controls. These matters are currently under review by the Company.

The Company emphasizes that the review remains ongoing, and no final determinations have been made with respect to the matters described above.

Appointment of Interim Chief Financial Officer

Effective April 1, 2026, the Board appointed Don E. Ray to serve as Interim Chief Financial Officer of the Company. His agreement is an interim appointment with the 90-day initial term. The interim salary is $150,000 annually.

Mr. Ray holds a Bachelor of Business Administration in Accounting from the University of Memphis. He began his career at George B. Jones, a national CPA firm specializing in automotive dealerships, where he advanced from staff accountant to Managing Partner prior to its merger into Dixon Hughes Goodman LLP (now Forvis Mazars) in 2002.

At Dixon Hughes Goodman/Forvis Mazars, Mr. Ray served as Co-Managing Partner of the firm's automotive retail specialty practice, advising public and private companies on accounting, tax, and advisory matters. From 2013 to 2019, he served as Interim Chief Financial Officer and advisor to Price Simms Family Dealerships, an eight-location automotive group in the San Francisco Bay Area representing multiple luxury and mainstream brands . From 2019 to present Mr. Ray has served of various not-for-profit board of directors.

Earlier in his career, Mr. Ray served as lead auditor for a public company based in Lakeland, Tennessee and has acted as a consultant to several public companies. Most recently, he served as Chief Financial Officer and corporate officer of Diamond Automotive Group, headquartered in Banning, California.