Global Compliance appoints Gibson as CEO, director

Mr. Ryan Gibson reports GCAC APPOINTS RYAN GIBSON AS CHIEF EXECUTIVE OFFICER Global Compliance Applications Corp. has appointed Ryan Gibson as chief executive officer and a member of the board of directors, effective immediately. Mr. Gibson brings more than 20 years of experience in the public markets, technology and finance sectors. He has held senior leadership positions across both private and publicly listed companies, where he successfully guided corporate strategy, capital markets engagement and technology growth initiatives. His proven record in building shareholder value and leading innovative companies positions him well to advance Global Compliance Applications' mission of delivering blockchain-based transparency and compliance solutions to the global medical cannabis industry. Mr. Gibson succeeds Brad Moore, who is stepping down from his role as chief executive officer to focus on continuing health concerns. Under his leadership, Global Compliance Applications expanded its blockchain-driven ecosystem and strengthened its presence in both the Canadian and international cannabis markets. "On behalf of the board, I want to thank Brad for his dedication and contributions to GCAC," said Global Compliance Applications' board chair/lead director. "We wish him well as he focuses on his health. At the same time, we are excited to welcome Ryan Gibson as CEO. His deep expertise in capital markets and technology will be instrumental in driving our next phase of growth and innovation." Mr. Gibson commented: "I am honoured to join GCAC at such a pivotal moment in its development. The company has built a powerful platform that integrates blockchain technology with medical cannabis compliance and consumer engagement. I look forward to working with the board, our partners and stakeholders to expand GCAC's footprint and deliver long-term value." About Global Compliance Applications Corp. Global Compliance Applications is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. Global Compliance Applications' leading solution is Efixii, an ethereum Layer 2 blockchain and EVM (ethereum virtual machine) programming functionality that is on par with other Layer 2s, such as Polygon. Global Compliance Applications can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value-chain dApps (decentralized apps) that allow for data connectivity to drive better consumer experiences and sales. Global Compliance Applications created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (environmental, social and governance) merit badges. As an interconnected supply chain solution, the Efixii solution pays tokens for attesting to a product's value, or truthness, through a reward program. Global Compliance Applications works in many agricultural industries providing a value-added blockchain offering through a cost-effective SaaS (software-as-a-service) licensing model. We seek Safe Harbor.