Management Change/Compensation (Form 8-K)

On October 12, 2026, the Board of Directors of TransparentBusiness, Inc., (the "Company") appointed Mr. Jesus Quintero as Finance Director, effective immediately.

Mr. Quintero, age 65, has served since May 2025 as Financial Controller of SP Hospitality Group, where he leads accounting and financial reporting for a 14-unit corporate portfolio and franchise operations, including financial statements, management reporting, audit readiness, and oversight of the accounting function. Mr. Quintero served as the Chief Executive Officer and Chief Financial Officer for Marijuana Company of America from September 2018 to June 2022. From 2014 to 2018 Mr. Quintero served as Chief Financial Officer for Brazil Interactive Media, Inc. Mr. Quintero also served as the CFO for Mass Roots Inc. (OTC: MSRT ). From 2011 to the present, Mr. Quintero has served as a financial consultant to several multi-million dollar businesses in South Florida. He has extensive experience in public company reporting and SEC/SOX compliance, and held senior finance positions with Avnet, Inc. (NYSE: AVT), Latin Node, Inc., Globetel Communications Corp. (AMEX: GTE) and Telefonica of Spain. His prior experience also includes tenure with Price Waterhouse and Deloitte & Touche. Mr. Quintero earned a B.S. in Accounting from St. John's University and is a certified public accountant.

In connection with the appointment, the Company and Mr. Quintero entered into a 12-month employment agreement ("the Agreement"), subject to an initial 90-day trial period and automatic annual renewals unless notice of non-renewal is provided. Mr. Quintero receives total compensation of $24,000 per month ($288,000 annualized), consisting of a cash salary of $12,000 per month ($144,000 annualized) and equity compensation of $12,000 per month in Foresight Collective, Inc. common stock. The number of shares issued monthly is determined by dividing $12,000 by the price per share in Foresight Collective's then-current offering. The equity component is subject to applicable corporate approvals and a separate equity agreement. The foregoing description of the Agreement is qualified in its entirety by reference to the full text of the Agreement, an unexecuted version of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

There are no arrangements or understandings between Mr. Quintero and any other persons pursuant to which Mr. Quintero was selected as Finance Director. There are no family relationships between Mr. Quintero and any director or executive officer of the Company, and Mr. Quintero has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.