Blueone Card Inc.

03/16/2026 | Press release | Distributed by Public on 03/16/2026 13:28

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.

Resignation of President, Chief Executive Officer, Chief Financial Officer, Secretary, and Treasurer

On March 10, 2026, James Koh resigned from his positions as President, Chief Executive Officer, Chief Financial Officer, Secretary, and Treasurer of BlueOne Technologies, Inc. (the "Company"), effective March 10, 2026. Mr. Koh's resignation was not the result of any disagreement with the Company regarding its operations, policies, or practices.

Appointment of President, Chief Executive Officer, Chief Financial Officer, Secretary, and Treasurer

On March 10, 2026, the Board of Directors of the Company appointed Nabil A. Bader as President, Chief Executive Officer, Chief Financial Officer, Secretary, and Treasurer of the Company, effective immediately.

Mr. Bader, age 62, has served as Executive Chairman of Executive Team Company LLC. since 2014. From 2009 to 2013, he served as Executive Chairman and Group CEO of The Mint Corporation LLC, and from 2001 to 2009; he was CEO of Workers Equity Holding LLC, a fintech company. Mr. Bader has over 30 years of management experience in the fintech industry. He attended Monterey College and Santa Monica College.

There are no family relationships between Mr. Bader and any director or executive officer of the Company. Mr. Bader's compensation arrangements have not yet been determined. Any such arrangements will be disclosed when finalized.

There are no arrangements or understandings between Mr. Bader and any other persons pursuant to which he was selected as an officer of the Company. There are no related party transactions between Mr. Bader and the Company that would require disclosure pursuant to Item 404(a) of Regulation S-K.

A copy of Mr. Bader's appointment letter is filed herewith as Exhibit 10.1. A copy of Mr. Koh's resignation letter is filed herewith as Exhibit 17.1.

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