On September 15, 2023, Transportation and Logistics Systems, Inc. entered into a separation agreement with James Giordano, covering his resignation from the office of chief financial officer. Mr. Giordano?s resignation will be effective as of October 13, 2023. He has agreed through such date to assist in the transition of his responsibilities.

On September 19, 2023, the board of directors of the company (the board), acting by unanimous written consent, appointed Sebastian Giordano to the offices of chief financial officer of the corporation, effective October 14, 2023.