Sentient Brands signs asset exchange agreement with AIG; CEO and directors replaced

SENTIENT BRANDS HOLDINGS INC.

AIG-F&B will acquire AIG's food, beverage, and disaster preparedness assets for Acquisition Credits convertible into SNBH common stock.
Dante Jones resigns as CEO and director; George Furlan appointed interim CEO, President, CFO, and non-independent director.
Eric Bruns and Dionne Pendelton appointed as independent directors.
Compensation based on earnout: 70% of revenue growth or 5x EBITDA (whichever higher) plus 1.4x appraised asset value.
Lock-up/leak-out agreement for 21 months applies to sellers, officers, and holders of over 1M shares.

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