On January 16, 2015, Mauro Falaschi was appointed as a director of HPIL Holding by a majority vote of the remaining directors of the company. This appointment fills a vacancy created by the increase in the number of the company's directors from 4 to 5. Mr. Falaschi currently serves as the president and director of Social Art World Ltd.
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- HPIL Holding Appoints Mauro Falaschi as Director