Eva Live Inc.

06/03/2025 | Press release | Distributed by Public on 06/03/2025 11:31

Regulation FD Disclosure, 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.

APPOINTMENT OF DIRECTORS

On May 27, 2025, the Board of Directors of Eva Live Inc. (the "Company") increased its board size from four to five directors and appointed Riz Jamal (Director), age 45, to the position of Director of the Company. Mr. Jamal is considered independent under the listing standards of the New York Stock Exchange (NYSE) and the Nasdaq. The Company shall pay the Director an annual fee of $50,000 USD, payable in equal quarterly instalments. The Director shall not be entitled to any additional compensation except as specifically approved by the Board.

Rizvan Jamal

Rizvan Jamal brings over 25 years of experience in the real estate and mortgage finance sectors. From March 2001 to the present, he has served as the President and Principal Broker of Clarity Mortgage Inc., where he has led the structuring of over $4 billion in capital facilities on behalf of institutional investors, Schedule A banks, and private capital funds. Mr. Jamal has an extensive background in mortgage brokerage, having launched and managed national commercial and residential firms.

In addition to his financial acumen, from January 2001 to the present, Mr. Jamal has served as the founder and CEO of Welcome Home Construction Ltd., overseeing the development and construction of numerous residential and multi-family projects across Ontario and Nova Scotia. His project portfolio includes custom homes, apartment complexes, and large-scale planned communities, with a focus on innovative design and full-spectrum real estate management from financing to post-sale support.

Mr. Jamal's leadership is marked by a hands-on approach to construction management and a commitment to redefining the homebuilding experience. His unique expertise spans budgeting, loan underwriting, capital financing, and project execution, making him a pivotal figure in both the mortgage and real estate development industries.

Mr. Jamal obtained his Mortgage Broker License from Seneca Polytechnic in Toronto, Ontario, Canada, in 2022, and is licensed under the Financial Services Commission of Ontario (FSCO). He earned his degree in Marketing and Business from Conestoga College in Kitchener, Ontario, in 2021. Additionally, he has held a Vendor Building License since 2019, further demonstrating his commitment to professional excellence and regulatory compliance in the industry.

ITEM 7.01 REGULATION FD DISCLOSURE.

The disclosure under Item 5.02 in this report on Form 8-K is incorporated by reference herein.

Information in this report on form 8-K shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.

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