Worksport Ltd. Announces CFO Transition and Related Executive Appointments

On April 30, 2026, Michael Johnston resigned as Chief Financial Officer, Principal Financial Officer, and Principal Accounting Officer of Worksport Ltd. His resignation was effective at 5:00 p.m. Eastern Time on April 30, 2026, and was not due to any disagreements regarding the company's operations or financial reporting. Concurrently, the Board of Directors appointed Jennifer Kartychak as the new Chief Financial Officer, effective May 1, 2026. Ms. Kartychak, who has been the Vice President of Finance since January 1, 2026, will also serve as the Principal Financial Officer and Principal Accounting Officer. Her compensation includes an annual base salary of $220,000, eligibility for a $75,000 target annual bonus, and a stock option award for 100,000 shares. Additionally, Worksport USA Operations Corporation entered into an Executive Employment Agreement with Ms. Kartychak and approved a stock grant of 13,000 shares to Arend Advisory Group LLC, an entity wholly owned by Ms. Kartychak. The company also disclosed prior consulting payments and stock issuance to Arend Advisory Group LLC.