Brandpilot AI appoints Fine as director

Executive Summary

• Brandpilot AI Inc. appointed Corbett Fine to its board of directors, replacing Jillian Bannister, who resigned to take a new role at Franklin Templeton.
• The company announced a debt settlement agreement to resolve an outstanding obligation of $17,272.75 owed to a strategic adviser.
• The settlement involves the issuance of 691,910 units at a deemed price of 2.5 cents per unit, consisting of common shares and warrants.

Key Details

• Board Appointment: Corbett Fine appointed as director effective today; he currently serves as VP of digital marketing and performance at IGM Financial with over 20 years of experience in digital transformation.
• Board Resignation: Jillian Bannister resigned from the board and will not stand for re-election at the AGM scheduled for Jan. 15, 2026; she will continue to serve on the company's advisory board.
• Debt Settlement Amount: $17,272.75 owed to a strategic adviser for past services.
• Securities Issued: Aggregate of 691,910 debt settlement units.
• Deemed Price: 2.5 cents per debt settlement unit.
• Unit Composition: Each unit consists of one common share and one common share purchase warrant.
• Warrant Terms: Exercisable into one common share at a price of five cents ($0.05).
• Warrant Expiry: 24-month anniversary from the date of issuance.
• Hold Period: Statutory hold period of four months and one day from the date of issuance.
• Conditions Precedent: Closing is subject to regulatory approvals and addressing comments from the Canadian Securities Exchange.

Notable Quotes

• "Corby brings extensive experience in digital brand leadership. His decision to join our board is a validation of Brandpilot's mission to redefine how enterprises eliminate waste and unlock growth in their marketing investments. Corby brings the kind of strategic clarity, operating discipline and forward-thinking perspective that will help support Brandpilot's next phase of development," said Brandon Mina, chief executive officer.