Scorpius Holdings Inc.

10/01/2025 | Press release | Distributed by Public on 10/01/2025 14:16

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.

On September 22, 2025, the Board of Directors (the "Board") of Scorpius Holdings, Inc., a Delaware corporation (the "Company"), appointed Kit Foo Chye to serve as a director of the Company. Mr. Chye was not appointed to serve as a member of any committees of the Board.

Mr. Chye, age 57, is currently, and has served since January 2018, as the Head of Corporate Finance at JS Group, an investment banking firm. From March 2012 to January 2018, Mr. Chye served as the Head of Corporate Finance of Sanston Securities Australia. Mr. Chye served as a director of Rocklands Richfield Limited from January 2005 to January 2012, Mr. Chye was a director of Hudson Resources Ltd., Allmine Group Limited, Sheng He Global Capital Ltd. and Synergy Metals Ltd. Mr. Chye holds a Bachelor of Commerce from Deakin University Australia.

Mr. Chye will receive the standard compensation available to the Company's current non-employee directors.

There are no family relationships between Mr. Chye and any of the Company's directors or executive officers, nor does he have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Other than as described above, there were no arrangements or understandings by which Mr. Chye was appointed as a member of the Board.

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