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.

Appointment of new Chief Financial Officer and Resignation of former Chief Financial Officer

On November 18, 2024, the Board of Directors (the "Board") of The Coretec Company (the "Company") approved the appointment of Antti Uusiheimala to serve as Chief Financial Officer of the Company. In connection with Mr. Uusiheimala's appointment, Ho Seok (Roberto) Kim resigned as Chief Financial Officer of the Company, which resignation was not as a result of any disagreements with the Company or its management.

Antti Uusiheimala, age 50, serves as the Chief Financial Officer of the Company. Mr. Uusiheimala has a robust career in capital markets, corporate finance, and venture capital, specializing in private placements, IPOs, and M&A.

From 2015 to 2024, Mr. Uusiheimala served as Managing Partner at Halifax Partners, where he advised early and growth-stage companies and acted as a board member and CFO / CEO. He recently led the restructuring, asset purchase and a Series A financing to a Japanese battery manufacturing company planning to restructure its operations to the U.S. He has developed financial models, valuations, and strategic plans across SaaS, manufacturing, and consumer goods industries.

Earlier in his career, Mr. Uusiheimala was Director of Investments at Vision Capital, a $850 million late stage venture capital fund, where he sourced and executed $250 million in growth equity deals and managed IPO processes for 12 portfolio companies, including several reverse mergers. He also worked as a consultant at Goldman Sachs and served as U.S. Country Manager at CRF Health, a clinical trial software startup that achieved a $1 billion exit valuation.

Mr. Uusiheimala holds an MBA in Finance from the Rotterdam School of Management and an LL.M. in Law and Economics from the University of Helsinki, graduating summa cum laude. He brings extensive expertise in financial and corporate strategy, and leadership to support The Coretec Group's growth.