Summit Networks Inc. - 8-K

Item 8.01. Other Events.

Voluntary Governance Disclosure Regarding Family Relationship and Related
Internal Control Measures. Summit Networks Inc. (the "Company") is voluntarily providing this disclosure to enhance transparency
and reinforce its governance-strengthening efforts.

The Company's Chief Executive Officer ("CEO"), Ms. Charlene
Huang, and Interim Chief Financial Officer ("Interim CFO"), Ms. Delia Zheng, are mother and daughter. Both individuals maintain
independent residences, independent personal lives, and separate professional backgrounds, and each is committed to serving the best interests
of shareholders.

Ms. Zheng was appointed as a director in March 2023 and as the Company
Secretary in April 2024. Ms. Huang was appointed as the Chief Executive Officer in October 2024. In January 2025, the Board requested
that Ms. Zheng temporarily assume the role of Chief Financial Officer, effective March 2025, to ensure continuity of financial reporting.
This appointment was a transitional measure only and not a permanent CFO designation.

The following actions were taken by Company executives during the
CTO period to maintain compliance and operational stability:

1. Temporary halt of senior management hiring.

Ms. Zheng will continue to serve as interim chief financial officer
until a new permanent chief financial officer is formally appointed.

2. CEO Personal Financing Support and Bridge Loan Facility

To maintain operational stability during the auditor transition period,
the CEO provided the Company with short-term financing through ordinary-course loan arrangements. These loans were extended solely to
support working-capital needs, were made on standard commercial terms, and involved no equity transfer, conversion features, dilution,
or change in shareholder voting or ownership rights. The financing did not grant the CEO any preferential rights beyond customary repayment
terms for ordinary commercial loans.

3. Establishment of Audit Committee (August 25, 2025)

The Board established an Audit Committee and engaged senior financial
experts to strengthen oversight of accounting, audit functions, and internal control processes.

4. Completion of Scalable Digital Deliverables

By September 30, 2025, the Company completed two commercially deployable
Web2/Web3 workflow templates forming a repeatable foundation for future revenue expansion.

5 . Reliability of financial reports and completeness of expenses

Compensation for senior officers is limited to fixed amounts; the Chief
Executive Officer receives no salary, and the Secretary and Interim Chief Financial Officer receive only a basic fixed salary, with no
equity-linked, discretionary, or reimbursable components.

No senior officer, director, or related party has the authority to
approve or accept reimbursement for personal or non-official expenditures. Expense control is overseen by the Audit Committee.

This voluntary disclosure does not change management's assessment of
the effectiveness of internal control over financial reporting as discussed in the Company’s last Quarterly Report on Form 10-Q
and does not require any restatement of previously issued financial statements.

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Certain statements contained in this Current Report on Form 8-K are
forward-looking statements and are based on future expectations, plans, and prospects for SNTW’s business and operations that involve
a number of risks and uncertainties.  SNTW’s forward-looking statements in this report are made as of the date hereof, and
the Corporation disclaims any duty to supplement, update, or revise such statements on a going-forward basis, whether as a result of subsequent
developments, changed expectations, or otherwise.  In connection with the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995, the Corporation is identifying certain forward-looking information regarding the Company's business. Actual
events or results may differ materially from those contained in these forward-looking statements.  Important factors that could cause
future events or results to vary from those addressed in the forward-looking statement include, without limitation, risks and uncertainties
arising from the ability of SNTW to successfully implement its business plan; uncertainties relating to the ability to realize the expected
benefits of the business; unanticipated or unfavorable regulatory matters; general economic conditions in the region and industry in which
SNTW operates, and other risk factors as discussed in the Corporation’s other filings made by the Corporation from time to time
with the United States Securities and Exchange Commission.