On June 29, 2021, BioPower Operations Corporation entered into an Asset Purchase Agreement (the APA) with Rafael Ben Shaya, Troy MacDonald, Adam Benchaya, Thomas Perez, Tom Saban and Edouard Pouchoy (collectively, Messrs. Ben Shaya, MacDonald, Benchaya, Perez, Saban and Pouchoy are referred to herein as the Sellers). Also on the Closing Date, the company appointed the following individuals to serve as members of the Board of Directors: Troy MacDonald (Chairman), Adam Benchaya, and Thomas Perez. As a result, following the closing of the Acquisition, the company's Board of Directors consists of the following: Troy MacDonald (Chairman), Adam Benchaya, Robert Kohn and Thomas Perez. Also on the Closing Date, the following individuals were appointed to serve as officers of the company: Adam Benchaya, President and Chief Marketing Officer. Troy MacDonald. Since December 2017, Mr. MacDonald, age 51, has served as Chief Operating Officer of WPP Energy GmbH (WPP Energy), and as Chief Operating Officer and Chief Innovation Officer beginning in 2020. He remains a key contributor and stakeholder in WPP Energy. Prior to December 2017, Mr. MacDonald founded The Monetary Man Inc. in June 2004, Gem of a Diamond in 2012 and Investors Gold Corporation in 2014. Collectively, the three companies focused on precious metals, gems and currency. Mr. MacDonald is co-founder of HyFi Exchange and is also co-founder and co-architect of the HyFi Platform, WPP Token and HyFi Token. Adam Benchaya. Since June 2016, Mr. Benchaya, age 34, has been the Vice President and Marketing Manager at WPP Energy. Prior to 2016, he served as Vice President of Business Development at WPP Energy. Mr. Benchaya was a key contributor and innovator at WPP Energy. He is the co-founder of HyFi Exchange and is also co-founder and co-architect of the HyFi Platform. Robert Kohn. From January 2011 to February 2017, Mr. Kohn, age 70, served as the CEO, Director and Secretary of the Company. Mr. Kohn has also served as a director and officer of BioPower Corporation of Florida, the Company's wholly owned subsidiary, since September 2010. Thomas Perez. Mr. Perez, age 29, is a successful investor and entrepreneur. Prior to joining HyFi in June 2016, Mr. Perez served as V.P. Business Development for WPP Energy, where he focused on market and business development for WPP Energy's Hydrogen and Waste to Energy product offerings. His duties at WPP Energy also included promoting WPP Token and was an ideas contributor to the HyFi Platform. Previously in a direct sales role, Mr. Perez built a community base of more than 10,000 people spanning across 35 countries.