Taoping Inc. Changes Certifying Accountant

Taoping Inc. has dismissed its independent registered public accounting firm, PKF Littlejohn LLP (PKF), effective August 31, 2026. The dismissal was approved by the company's audit committee. PKF's audit reports for the years ended December 31, 2025 and 2024, did not contain adverse opinions but included explanatory paragraphs regarding substantial doubt about the company's ability to continue as a going concern. There were no disagreements between the company and PKF on accounting principles, financial statement disclosure, or auditing scope. However, a reportable event was identified concerning management's disclosure of deficiencies in internal control over financial reporting, including issues with going concern assessment, impairment assessment, finance team training, and related party transaction identification. The company has engaged Li CPA LLC as its new independent registered public accounting firm for the fiscal year ending December 31, 2026. There were no consultations with Li CPA regarding accounting principles, audit opinions, disagreements, or reportable events prior to their engagement.