Material Event Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain officers; Compensatory Arrangements of Certain Officers.

On May 16, 2024, Rene Bruun Lauritsen resigned from his positions as the sole Officer and Director of the Company. His resignations were not due to any disagreements or disputes with the Company.

On the same day, Boriss Aleksandrov was appointed as the sole Officer and Director of the Company, assuming all roles, including, but not limited to, CEO, CFO, President, Secretary, Treasurer, and sole Director.

There is no arrangement or understanding among the newly appointed officer and director or any other person pursuant to which he was appointed as a officer and director of the Company.

Mr. Boriss Aleksandrov does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. At this time, the Company does not have any written employment agreements or other formal compensation agreements with our new officer and director. Compensation arrangements are the subject of ongoing development and the Company will disclose any compensatory arrangements entered into in the future.

The biographical information of Mr. Boriss Aleksandrov is below:

Boriss Aleksandrov, age 44, has been CEO and President of B Holding since September 2019 and manages strategic and day-to-day processes for several subsidiaries in various industries including but not limited to healthcare and real estate. From June 2014 until September 2019, Mr. Aleksandrov was Chief Financial Officer of Lasbet Tootmine AS, a concrete factory, where he implemented and managed the finance system and ERP system and managed the long-term and short-term budgeting and cash flow of the company. Since September 2017, Mr. Aleksandrov has also been a Professor of Economics at Estonian Entrepreneurship University of Applied Sciences.

Mr. Aleksandrov has held the positions as Chief Executive & Finance Officer in several companies with almost 20 years of experience in finance and business management. He is a partner in several investment projects, and companies related to production. In all of them he was responsible for financial management.

Throughout his career he has demonstrated proficiencies in Finance Management, Financial Modelling, Investments, Budgeting, Business Forecasting, Strategic Planning and Implementation, Cash Flow Management, Risk Management, Corporate Finance, Audit, Market Evaluation. He holds a Master of Business Administration (MBA) and an Enterprising / Business Management (Bachelor's Degree) from Estonian Entrepreneurship University of Applied Sciences.

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