Appointment of Mitchell Rudy as President

Bonk, Inc. announced the appointment of Mitchell Rudy as President, effective April 27, 2026. Rudy will also continue to serve on the Company's Board of Directors. In his new role, he will lead the integration of high-growth digital asset strategies and business incubation. His mandate includes achieving profitability through scaling digital revenue streams, increasing the Company's ownership of the BONK digital asset to a target of 5% of total supply, and launching new business lines directly under BNKK to maximize shareholder value. The Company is diversifying beyond consumer beverages, focusing on Real-World Asset (RWA) capabilities and expanding into prediction markets and social betting verticals. Rudy stated that this role allows him to be more active in capital generation and long-term planning, aiming to transform BNKK into a diversified digital infrastructure powerhouse. CEO Jarrett Boon emphasized Rudy's strategic vision and aggressive approach to executing the company's long-term goals. Rudy also highlighted the intention to address the disconnect between the company's market cap and its asset value, particularly its interest in BONK.fun, by launching businesses directly under the BNKK ticker to ensure value retention for shareholders.