MGAM 8-K filed 2026 · insiderdelta

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

On April 23, 2026, Mobile
Global Esports Inc. (the “Company”) appointed Rodney Lewis as Chief Financial Officer of the Company, effective immediately.
Mr. Lewis is a Certified Public Accountant with over 20 years of experience in financial management and accounting operations. He has
served as Owner and Accountant of RL & Associates since 2011, providing tax preparation, financial advisory, and accounting services.
Mr. Lewis holds a Master of Business Administration degree in Finance and a Bachelor of Science degree in Accounting from Governors State
University.

In connection with Mr. Lewis's
appointment, the Company entered into a Contractor’s Agreement with Mr. Lewis (the “Agreement”), providing for an indefinite
term commencing on April 23, 2026, subject to termination by either party upon at least 14 days’ prior written notice. Pursuant
to the Agreement, Mr. Lewis will receive an option to purchase 1,500,000 shares of common stock at an exercise price of $0.017, will have
the opportunity to participate in any benefit plans established by the Company, and will be reimbursed for fees required to maintain his
status as a certified public accountant and for reasonable expenses incurred for the benefit of the Company. The Agreement provides that
the Company and its board of directors will indemnify, defend, and hold harmless Mr. Lewis against certain claims, liabilities, and expenses,
subject to customary exceptions. The Agreement also contains customary confidentiality and non-disclosure provisions and is governed by
the laws of the State of Connecticut.

The foregoing description
of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy
of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Mr. Lewis is the first cousin of Marco Welch, Chairman of the Company. Except as set forth herein, there is no arrangement
or understanding between Mr. Lewis and any other persons pursuant to which Mr. Lewis was appointed Chief Financial Officer of the Company.
There are no related party transactions involving Mr. Lewis that are reportable under Item 404(a) of Regulation S-K.

MGAM Mobile Global Esports, Inc. - 8-K

Item 5.02 - Departure/Election of Directors or Certain Officers

Item 9.01 - Financial Statements and Exhibits