On January 19, 2022, the Board of Directors of PotNetwork Holdings, Inc. elected three new outside directors other than pursuant to a shareholder vote at an annual meeting or a special meeting that was convened for that purpose: Prashant Shah, Director – For many years, Mr. Shah has been and remains primarily a movie, television, and OTT content producer. Through his production service company, he has produced over 35 Bollywood, Hollywood and Latin content filmed in USA, Canada, UK, New Zealand, Middle East, UAE and India. He also acts as Chief Content Officer for XcineX and serves as Chairman Emeritus to ‘Miami Media Film Market'.

Ray Smith, Director and the Chairman of the Audit Committee of the Company - Mr. Smith serves as CEO and President of Trycera Financial Inc. Before joining Trycera Financial, Inc., Mr. Smith spent ten years developing technologies and platforms to facilitate consumer credit profile reporting. Yury Shmerli, Director – For the last 3 years, Mr. Shmerli has been Chief Information Officer of Patriot Home Care. In 2012, He became a partner in a cannabis dispensary in North Hollywood, California.

Gary Blum, Esq., the sole prior Director of the Company, will continue as a member of the Board of Directors of the Company in the capacity of Chairman of the Board.