Quality Industrial CEO John-Paul Backwell resigns; Carsten Kjems Falk appointed new CEO

Quality Industrial Corp.

John-Paul Backwell resigned as CEO on April 20, 2026 for personal/health reasons; remains on board.
Carsten Kjems Falk appointed CEO effective April 20, continuing as CFO and director.
Falk previously served as Interim CFO since Aug 2025 and as CEO of Quality Industrial from 2020-2022.
Falk also serves as Head of M&A at Fusion Fuel Green (Nasdaq: HTOO) since June 2025.
Resignation not due to any disagreement with the company's operations or policies.

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