Effective January 1, 2021, Richard Hylen and Simlatus Corporation (the “Company”) entered into an Employment Agreement pursuant to which (i) Mr. Hylen is employed as the Company’s Chairman and Secretary, and as the President, Treasurer and Secretary of Satel Group Inc., a wholly-owned subsidiary of the Company. Following the execution of the Employment Agreement, effective January 1, 2021, Mr. Hylen no longer serves as the Company’s Chief Executive Officer. Effective January 1, 2021, Jeffrey Lewis and the Company entered into an Employment Agreement pursuant to which Mr. Lewis has been appointed a Director of the Company, and its Chief Executive Officer, President and Treasurer. Jeffrey Lewis, age 47, is the founder of BrewBilt Manufacturing LLC, and the Chairman and CEO of BrewBilt Manufacturing Inc., a multiple million dollar craft beer brewery manufacturing facility in Northern California. Mr. Lewis has over 15 years of experience in managing, engineering, design and fabrication teams that custom design and fabricate integrated stainless steel distillation and brewing systems for the craft beer beverage industries. Effective January 1, 2021, Samuel Berry and the Company entered into an Employment Agreement pursuant to which Mr. Berry has been appointed a Director of the Company and its Chief Operations Officer. Samuel Berry, age 43, is a graduate from Keene State College in New Hampshire with a Bachelor of Science, and a graduate of Florida International University with a Master of Science. Mr. Berry is a Director of BrewBilt Manufacturing Inc., and experienced with the operations of a public craft beer manufacturing business. With over 15 years of business experience in management, he will oversee the Company’s operations.