Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On May 21, 2021, a majority of the shareholders of
Signet International Holdings, Inc. (the “Company”), voted to appoint Alysia WolfsKeil, Esq. as the Interim Chief Executive
Officer and Interim Chief Financial Officer, in order to fulfill the positions within the Company left vacant by the recent passing of
Ernest W. Letiziano, the previous CEO and CFO of the Company. Ms. WolfsKeil, Esq. shall have limited powers in her positions, specifically
she shall be empowered to direct all relevant services providers of the Company as they relate to any and all such filings with the SEC,
gain access and be provided banking authority over any and all bank accounts or other trade accounts in the name of the Company, and enter
into negotiations with potential third parties who may be considered potential acquisition targets of the Company. Ms. WolfsKeil, Esq.
shall serve the shorter of a) the termination or otherwise by the shareholders or b) six months from the May 21, 2021.
Biographical Information
Alysia WolfsKeil, Esq. earned a Bachelor of
Arts degree, Magna Cum Laude, from University of California, Los Angeles and a Juris Doctorate degree from St. Thomas University of Law.
Ms. WolfsKeil, Esq. is a current member of the Florida and Massachusetts Bar Associations and has been licensed with the financial regulatory
authority (“FINRA”) and is a certified uniform dispute resolution mediator. Ms. WolfsKeil, Esq. has an extensive business
background and spent a decade in the corporate world as an executive with Allied Corporation in Palm Beach, New York, and Beverly Hills
before deciding to pursue her advanced education. As an attorney, Ms. WolfsKeil, Esq. began her legal career in the office of the State
Attorney 15th and 19th judicial circuits where she gained valuable trial experience and later founded Alysia WolfsKeil,
P.A., a boutique law firm in West Palm Beach, Florida.
Litigation
During the past ten years,
none of the appointees have been the subject of the following events:
1. A
petition under the Federal bankruptcy laws or any state insolvency law was filed by or against, or a receiver, fiscal agent or similar
officer was appointed by a court for the business or property of such person, or any partnership in which he was a general partner at
or within two years before the time of such filing, or any corporation or business association of which he was an executive officer at
or within two years before the time of such filing;
2. Convicted
in a criminal proceeding or is a named subject of a pending criminal proceeding (excluding traffic violations and other minor offenses);
3. The
subject of any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently
or temporarily enjoining him from, or otherwise limiting, the following activities;
i) Acting
as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage
transaction merchant, any other person regulated by the Commodity Futures Trading Commission, or an associated person of any of the foregoing,
or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment
company, bank, savings and loan association or insurance company, or engaging in or continuing any conduct or practice in connection with
such activity;
ii) Engaging
in any type of business practice; or
iii) Engaging
in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of Federal or
State securities laws or Federal commodities laws;
4. The
subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring,
suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in paragraph 3.i in
the preceding paragraph or to be associated with persons engaged in any such activity;
5. Was
found by a court of competent jurisdiction in a civil action or by the Commission to have violated any Federal or State securities law,
and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated;
6. Was
found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal
commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently
reversed, suspended or vacated;
7. Was
the subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed,
suspended, or vacated, relating to an alleged violation of:
i) Any
Federal or State securities or commodities law or regulation; or
ii) Any
law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction,
order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition
order, or
iii) Any
law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or
8. Was
the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization
(as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of
the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary
authority over its members or persons associated with a member.
Material Plans, Contracts or Other Arrangements
There are currently no material plans, contracts, or other arrangements
with the new appointees.