Arrive AI auditor Stephano Slack resigns; M&K CPAS engaged amid material weakness and going-concern doubt

Arrive AI Inc.

• Stephano Slack LLC resigned as Arrive AI's independent registered public accounting firm effective October 13, 2026; the Audit Committee acknowledged and approved the change.
• Stephano Slack's FY2025 audit report included an explanatory paragraph on substantial doubt about Arrive AI's ability to continue as a going concern, with no adverse opinion or disclaimer.
• Arrive AI disclosed a material weakness in internal controls over embedded derivatives and effective interest method; not fully remediated as of June 30, 2026.
• On April 15, 2026, Arrive AI filed amended Form 10-Q/A for quarters ended June 30, 2025 and September 30, 2025 to restate financial statements.
• On October 13, 2026, the Audit Committee approved and engaged M&K CPAS, PLLC to review Q3 2026 interim financials and audit FY2026; no prior consultations or disagreements.