GBT Technologies settles $180k legal fees via convertible note; board adds Interim CEO Bertagna

GBT Technologies Inc.

Director Mansour Khatib resigned Feb 5, 2026, no disagreement; Patrick Bertagna (Interim CEO) appointed director Feb 6, 2026.
Settled $180k in accrued legal fees by issuing convertible note maturing June 30, 2027, bearing 8% interest.
Conversion price is lower of $0.0001/share or 50% of 10-day avg of lowest closing bids, with floor $0.00001.
Beneficial ownership limitation set at 4.99% (can increase to 9.99% on 61 days' notice); prepayment requires holder consent.
All claims related to legal fees released with no admission of liability.

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