CFO Tariq Rahim resigns from board, moves to VP Finance; David R. Wells appointed CFO and board member

Functional Brands Inc.

Tariq Rahim resigned from Board effective May 17, 2026; transitioned from CFO to VP Finance on May 18, 2026.
David R. Wells appointed CFO, Principal Financial Officer, and Board member effective May 18, 2026.
Wells has over 30 years finance experience; previously CFO of Envoy Medical (2023-2025) and ENDRA Life Sciences.
No material compensatory arrangement entered with Mr. Wells at this time; amendment to follow if needed.
Resignation not due to any disagreement with company's operations, policies, or accounting practices.

item 5.02item 9.01

Executive movements

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Appointed

David R. Wells

Chief Financial Officer

MEHA · Functional Brands Inc.

Effective: 2026-05-18
Filed: May 20, 2026 21:00 UTC

In connection with Mr. Rahim’s resignation from the Board and transition from his Chief Financial Officer role, effective May 18, 2026, David R. Wells was appointed as a member of the Company’s Board and as the Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer of the Company pursuant to a unanimous written consent approved by the Board on May 19, 2026.

Appointed

David R. Wells

member of the Board

MEHA · Functional Brands Inc.

Effective: 2026-05-18
Filed: May 20, 2026 21:00 UTC

In connection with Mr. Rahim’s resignation from the Board and transition from his Chief Financial Officer role, effective May 18, 2026, David R. Wells was appointed as a member of the Company’s Board and as the Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer of the Company pursuant to a unanimous written consent approved by the Board on May 19, 2026.

Departed

Tariq Rahim

member of the Board of Directors

MEHA · Functional Brands Inc.

Effective: 2026-05-17
Successor: David R. Wells
Filed: May 20, 2026 21:00 UTC

On May 17, 2026, Tariq Rahim submitted his letter of resignation as a member of the Board of Directors (“Board”) of Functional Brands Inc. (the “Company”), effective immediately.

Role change

Tariq Rahim

Chief Financial Officer

MEHA · Functional Brands Inc.

Effective: 2026-05-18
Successor: David R. Wells
Filed: May 20, 2026 21:00 UTC

Effective May 18, 2026, Mr. Rahim also ceased serving as the Company’s Chief Financial Officer and transitioned to the role of Vice President, Finance, a non-executive officer position.

Source: SEC EDGAR

accession 0001213900-26-059603

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