RevoluGROUP Canada Inc. Announces Change to Board of Directors - Seite 2

About Francisco José Moreno Balboa

Francisco is a seasoned Computer Systems Engineer with a Master's in Business Management and Marketing. Mr. Moreno Balboa epitomizes contemporary Information Technology entrepreneurialism, founding Smart Leisure straight out of university, which counted among its client's illustrious companies such as Heineken, Red Bull, Pernod Ricard, and many others. Since 2017, commercial successes have continued as CEO of Madrid, Spain-based Logixs. Francisco and Logixs ascended new heights of achievement by winning the World Finance award twice in 2018 and 2020 for designing and deploying the European banking App EVO Banco. Logixs also provides key services to Price Waterhouse Coopers in the Iberian Peninsula. In 2022 and 2023, Logixs was awarded the concession to create and deploy the nationwide Cultural Voucher Program on behalf of Spain's Culture Ministry. In recent times, Logixs has provided IT services to Banco Santander, one of the world's Top 50 banks with active branches across North and South America and the European Union. Other key Fintech developments include the comprehensive design and development of Orange Bank, a division of the EU Telecommunications giant Orange. Francisco brings valued know-how and cutting-edge information technology skills to RevoluGROUP as we pursue our strategic objectives in North America and Europe.

Francisco José Moreno Balboa, commented on joining the RevoluGROUP Board of Directors, "I am delighted to join RevoluGROUP. RevoluPAY's Neobanking prowess, along with the active international financial licenses, is the ideal platform to launch new ideas while creating a business leader in the fintech and banking sectors. I look forward to bringing my wealth of experience and know-how in the fintech sector to increment our market penetration onboard substantial users while increasing shareholder value."

The Company Issues Incentive Share Options

In further news, the Company announces that incentive share options to purchase up to 2,700,000 common shares of the Company were granted to consultants of the Company, with an exercise price of $0.05 per share. The incentive share options have been granted pursuant to the Company's 10% rolling stock option plan and will expire twelve months from the grant date. Should all announced options be exercised in the term, the aggregate amount payable to the treasury would be CA$ 135,000.