Company: WKSP
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000850
Chunk: 538

Company: Worksport Ltd
Filing Date: 2025-03-27
Form: 10-K
Item: Item 8
Chunk 538
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’s
ongoing efforts in the government sector. Mr. DiNanno is a contributing advisor to Hudson Institute, a 501(c)(3) organization that guides
public policy makers and global leaders in government and business through publications, conferences, policy briefings, and recommendations.
Prior to joining Hudson Institute, he served as a professional staff member on the House Permanent Select Committee on Intelligence as
well as acting Assistant Secretary of State of the Arms Control, Verification and Compliance Bureau from 2018-2021. Mr. DiNanno has served
in several key government capacities, including Assistant Administrator for the Department of Homeland Security’s Federal Emergency
Management Agency (FEMA), where he oversaw National Preparedness initiatives and grants focused on counterterrorism.

70

Term
of Office

Our
directors are appointed for a one-year term to hold office until the next annual general meeting of our shareholders or until their resignation
or removal in accordance with our bylaws. Our officers are appointed by our Board of Directors and hold office until removed by the Board
of Directors.

Members
of our advisory board do not have any voting power and serve at the pleasure of the Board.

Family
Relationships

Lorenzo
Rossi and Steven Rossi are father and son. Other than the foregoing, there are no other family relationships between any of our directors
or executive officers.

Involvement
in Legal Proceedings

To
our knowledge, there have been no material legal proceedings that would require disclosure under the federal securities laws that are
material to an evaluation of the ability of our directors or executive officers.

Code
of Business Conduct and Ethics

Our
Board has adopted a written code of business conduct and ethics (“Code”) that applies to our directors, officers and employees,
including our principal executive officer, principal financial officer and principal accounting officer or controller, or persons performing
similar functions. One of our investor webpages, https://investors.worksport.com/#reports, displays a current copy of the Code
and all disclosures that are required by law in regard to any amendments to, or waivers from, any provision of the Code.

Insider
Trading Policy

All
officers, directors and employees of, and consultants and contractors to, us or any of our subsidiaries are subject to our Insider Trading
Policy. The Insider Trading Policy prohibits the unauthorized disclosure of any nonpublic information acquired in the workplace and the
misuse of material nonpublic information in the trading of our securities. To ensure compliance with the Insider Trading Policy and applicable