Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 220

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 220
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. Mr. Cooper has built custom computers and was an IT Business Analyst. Mr. Cooper is qualified to serve on the
board of directors because of his significant development expertise and his unique insight into our target customer demographic.

Jeffrey Yates has served as Chief Financial
& Accounting Officer for KwikClick, Inc. since October 1, 2022. Previously, he was a co-founder of ARIIX, a global direct selling
company operating in 29 countries with sales of $220M. In the past he also held the position of Chief Financial Officer & Vice President
of USANA Health Sciences, Inc., Chief Financial Officer & Executive Vice President of Deseret Book Company, Chief Financial Officer
for Franklin Covey Stores, and Senior Accountant at PriceWaterhouse LLP. He is a member of The American Institute of Certified Public
Accountants and a member of the Utah Association of Certified Public Accountants. He received a Master of Accountancy and an undergraduate
degree in management accounting from Brigham Young University. Mr. Yates is qualified to serve on the board of directors because of his
extensive experience in corporate financial leadership in start-ups, emerging growth, and public companies.

Family Relationships

None.

Compliance with Section 16(a) of the Exchange Act

Section 16(a) of the Exchange Act, as amended, will
require our executive officers and directors and persons who own more than 10% of a registered class of our equity securities to file
with the Securities and Exchange Commission initial statements of beneficial ownership, reports of changes in ownership and annual reports
concerning their ownership of our common stock and other equity securities, on Form 3, 4 and 5 respectively. Executive officers, directors
and greater than 10% shareholders are required by the Securities and Exchange Commission regulations to furnish our company with copies
of all Section 16(a) reports they file.

Board Committee

In May 2023, the Board reorganized its Audit Committee,
Governance Committee and Compensation Committee. The Audit Committee consists of independent director and Committee Chair Jeff Roberts
and Jeffrey Yates, KWIK Chief Financial Officer. The Governance Committee consists of directors Committee Chair Jeffrey Yates and Fred
Cooper, KWIK Chairman, Chief Executive Officer and President. The Compensation Committee consists of Committee Chair Brady Cooper and
independent director Robert Green. The committees have not yet adopted formal charters. The Company has yet to form a Nominating Committee.
As the Company’s business expands, the directors will evaluate the necessity