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 August 20, 2026, the Board of Directors (the "Board") appointed Binson Lau as the Co-Chief Executive Officer of Integrated Wellness Acquisition Corp (the "Company"), effective immediately.

Mr. Lau, age 48, has served as our chairman of the Board since February 2024 and as our Co-Chief Executive Officer since August 2026. He has dealt with international manufacturers, retailers, and end-users in various industries for more than 10 years. He has a strong knowledge base in technology, grocery, farming, electronics, sports, commercial, consumer, and home products. Mr. Lau founded Btab Group Inc., an ecommerce company focusing on empowering small businesses, and served as its Chief Executive Officer and Chairman of the board from November 2018 until the present. Since March 2023, Mr. Lau has served as Chief Executive Officer and Chairman of the board of Btab Ecommerce Group, Inc. (OTC: BBTT), a holding company of five subsidiaries focusing on ecommerce, manufacturing and wholesale. Mr. Lau founded and has been serving as Chief Executive Officer and Director of Btab Group Australia, an ecommerce technology development company in Australia, since January 2015. He holds a bachelor's degree in Commerce from Curtin University.

On May 30, 2024, the Company entered into a Business Combination Agreement with IWAC Georgia Merger Sub, Inc. and Btab Ecommerce Group, Inc. ("Btab"). On August 26, 2024, the Company and Btab entered into an Amended and Restated Business Combination Agreement (the "Business Combination Agreement") with IWAC Holding Company Inc., a wholly-owned subsidiary of IWAC ("Pubco"), IWAC Purchaser Merger Sub II Inc., a wholly-owned subsidiary of Pubco, IWAC Company Merger Sub Inc., a wholly-owned subsidiary of Pubco, and acknowledging and agreeing solely with respect to Section 2.1(a)(ii) thereof, Mr. Lau.

For additional information about the Business Combination Agreement and Mr. Lau's interests in the transaction, see the definitive proxy statement filed by the Company on November 12, 2025 and the Company's subsequent filings with the Securities and Exchange Commission.