GITS Global Interactive Technologies, Inc. - 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 18, 2026, the Board of Directors (the “Board”) of Global Interactive Technologies, Inc. (the “Company”) appointed
Taehoon Kim, the Company’s current Chief Executive Officer, as the Company’s Principal Financial Officer and Principal Accounting
Officer, effective immediately. Mr. Kim’s appointment follows the previously announced resignation of Juhyon Shin from his role
as the Company’s Chief Financial Officer.

Mr.
Kim, age 52, was appointed as the Chief Technology Officer (CTO) and Vice President of Hanryu Holdings on June 1, 2022, and was later
appointed as the interim Chief Executive Officer by the Board of Directors on February 26, 2024. Mr. Kim was the Founder of Rulemakr
Inc. and served as CEO from June 2014 to May 2021. He also served as CEO at Webzen Mobile, Inc. from May 2012 to May 2014, as COO at
Webzen, Inc. from September 2008 to April 2012, and as Director at NHN Games Corporation from August 2005 to August 2008. Mr. Kim earned
a bachelor’s degree in the Department of German Language Education in Seoul National University in February 1997 and received his
MBA from Seoul National University in February 2014.

Mr.
Kim did not enter into any material plan, contract or arrangement with the Company in connection with his appointment as the Company’s
Principal Financial Officer and Principal Accounting Officer.

There
are no arrangements or understandings between Mr. Kim and any other person pursuant to which he was appointed as the Company’s
Principal Financial Officer and Principal Accounting Officer, and there are no family relationships among any of the Company’s
directors or executive officers and Mr. Kim. Additionally, Mr. Kim has no direct or indirect interest in any transaction required to
be disclosed pursuant to Item 404(a) of Regulation S-K other than the Company entering into a short-term loan agreement on January 8,
2025 with Mr. Kim with a principal amount of $583 and an interest rate of 0% that matured on January 7, 2026.