Company: LNAI
Filing Date: 2025-01-06
Form Type: 8-K
Source: 0001731122-25-000017
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Company: Lunai Bioworks Inc.
Filing Date: 2025-01-06
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Maurice van Tilburg as Chief Executive Officer
of Cube

On December 30, 2024, the Board
appointed Maurice van Tilburg, age 53, as Chief Executive Officer of GEDi Cube B. V. (“ GEDi Cube”), a wholly owned subsidiary
of Renovaro Cube Intl. Ltd., which is a wholly owned subsidiary of the Company, effective immediately. Maurice van Tilburg is a current
member of the Board and has held several senior positions in the Financial Services industry and Tech enterprises combining general management,
technology, operational service delivery, financial management, audit and product development. He is also an awarded artist that combines
leadership roles in the industry with a successful series of art concepts. Mr. van Tilburg currently serves as the Director of the Dutch
National Growth fund where he oversees the largest government investments in the area of innovation and technology. With this he builds
on his role at Techleap. nl where he developed new and additional sources of funding for Dutch Tech scale ups in order to contribute to
global challenges, economic growth, technology capabilities and employment in The Netherlands. Mr. van Tilburg brings with him his experience
as CEO of Euronext Amsterdam where he was responsible for clients, product development, organization and P& L for the Dutch market
as well as the operational running of all European stock markets of Euronext. Mr. van Tilburg’s ambition is to lead teams with a
clear mission and positive impact, bringing his leadership skills and experience in areas of finance, tech and art. In that context Mr.
van Tilburg has held also nonexecutive/advisory board member at several startup companies.

In connection with his appointment,
GEDi Cube entered into an employment agreement (the “ CEO Employment Agreement”) which provides that Mr. van Tilburg’s
base salary will be $300,000 per year, and he will be eligible to receive a performance bonus of up to $100,000 per year, which will be
payable on or before March 15thof each calendar year. The CEO Employment Agreement also provides that the Compensation Committee
of the Board will consider giving Mr. van Tilburg a sign-on bonus of 250,000 shares of restricted common stock of the Company and an equity
incentive grant of 1,000,000 stock options,