On September 15, 2021, Agritek Holdings, Inc. (the “Company”) received the resignation of B. Michael Friedman from his position as Chief Executive Officer of the Company. Pursuant to that, and on September 15, 2021, the last action of the sitting Board of Directors (the “Board”) for the Company formally accepted the above resignation, and appointed Howard Cass as interim CEO of the Company. In connection with Mr. Cass’s appointment as Chief Executive Officer of the Company and Director, the Company shall enter into a Chief Executive Officer Employment Agreement (the “ CEO Agreement”) with Mr. Cass, to be dated by September 17, 2021, pursuant to which Mr. Cass will serve as Interim Chief Executive Officer. Mr. Cass’s employment is terminable by him or the Company at any time (for any reason or for no reason).