ATDS DATA443 Risk Mitigation Inc (PK)

On and effective December 3, 2021, Data443 Risk Mitigation, Inc. (the “Company”) appointed Nanuk Warman to serve as the Company’s chief financial officer. Mr. Warman replaces Jason Remillard, President and CEO of the Company, who has been serving as our principal financial officer. Mr. Warman, age 49, has over 23-years of experience in corporate accounting and finance focused primarily on US and Canadian publicly listed companies across a diverse range of industries. Mr. Warman is currently Managing Partner of PubCo Reporting Solutions, where he has worked since he founded the company in 2010. Prior to forming PubCo Reporting Solutions, Mr. Warman worked with KPMG in British Columbia, Canada. Mr. Warman has worked with the Company for almost three years as an independent consultant and has extensive knowledge of the Company’s financial history and business.

In connection with his appointment, Mr. Warman will be entitled to an annual base salary in the amount of $120,000, and stock options in the amount of $30,000 per calendar quarter. Mr. Warman will also be eligible to participate in the Company’s bonus plan, with Mr. Warman’s eligible bonus payment to be based on the Company’s achievement of certain performance objectives and goals.

There are currently no arrangements or understandings between Mr. Warman and any other person pursuant to which Mr. Warman was selected as an executive officer. There are no family relationships between Mr. Warman and any director or other executive officer of the Company, or with any person nominated or chosen to become an officer or a director of the Company. The Company has had no transactions since the beginning of its last fiscal year, and has no transactions currently proposed, in which Mr. Warman, or any member of his immediate family, has an interest requiring disclosure under Item 404(a) of Regulation S-K.