Arma Services, Inc. announced that the company has decided that Mr. Sergey Gandin is to resign from the position of CEO of the Company and be appointed solely as Secretary of Arma Services Inc. The Company and Mr. Gandin are in agreement that these changes are effective from March 26, 2022. The Company has appointed Clive Hill from the United Kingdom to the positions of CEO of the Company. This appointment is effective from March 26, 2022.

Mr. Hill possesses over 40 years of business experience and has directed a number of organizations where he led strategic initiatives and oversaw accounting and financial operations of the management of companies including an event organizing firm.