Company: WKSP
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000850
Chunk: 184

Company: Worksport Ltd
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 184
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eca, New York into a manufacturing facility. He was further
responsible for facilitating the research and development and planning the launch of new tonneau cover product lines; as these product
lines were well-received by the consumer market, and as demand for them increased, Mr. Rossi then orchestrated the scaling of production
through coordinating with teams across multiple states and disciplines to meet consumer demand. Through his two decades of business experience
in the automotive sector, Steven Rossi possesses the knowledge and experience in establishing, managing, and growing automotive companies
that aid him in efficiently and effectively identifying and executing the Company’s strategic priorities. As our Chief Executive
Officer, President, Chair and founder, Mr. Rossi brings to the Board extensive knowledge of the Company’s products, structure,
history, and culture as well as years of expertise in the industry and is qualified to be a member of the Company’s Board of Directors.

Michael
Johnston CPA, CA, has been serving as the Chief Financial Officer of the Company since December 5, 2017. Mr. Johnston has been a
partner with Forbes Andersen LLP, Chartered Professional Accountants, since January 2012 and offers over 20 years of experience advising
both private and public companies. His responsibilities include assisting Steven Rossi in developing new business, maintaining operating
budgets and ensuring adequate cash flow. Mr. Johnston was appointed by the Board for his extensive knowledge of the Company’s products
and his financial and accounting expertise. Mr. Johnston holds a graduate degree from the University of Western Ontario.

68

Lorenzo
H. Rossi has served as Director of the company since December 9, 2014, and he has since been a cornerstone of leadership and expertise,
significantly shaping the Company’s strategic and governance frameworks with a keen focus on excellence and innovation. His strategic
acumen, particularly as Chair of Finance for Canada’s second-largest Catholic school board, has demonstrated his ability to drive
educational excellence while maintaining fiscal discipline. Mr. Rossi has also contributed valuable insights from his tenure as a Board
Director for a TSX-listed biometric company, enhancing his understanding of corporate strategies in technology and security. His extensive
experience as a Continuing Education High School Principal for 23 years further showcases his leadership in educational development and
his commitment to fostering academic achievements.

With
academic qualifications that include a Doctorate in Theology (ThD), a Master of Education (M.Ed.) in Computer Science, a Bachelor of
Education (B.Ed.), and a Bachelor of