Lite Strategy appoints Justin J. File as permanent CEO and grants 635K options

Lite Strategy, Inc.

Justin J. File, previously Acting CEO and CFO/Secretary, named permanent CEO effective Nov 14, 2025.
File also appointed to the Board, serving until 2026 Annual Meeting.
Granted options for 635,000 shares at $2.02, vesting over 36 months starting Dec 14, 2025.
File continues as CFO and Secretary; no additional compensation for board service.

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