Effective February 28, 2020, Jason Sakowski will resign from his positions as sole member of the Board of Directors (the “Board”), President, CEO, Treasurer, CFO and Secretary of Anchorage International Holdings Corp. (the “Company”). The resignation is not the result of any disagreement with the Company on any matter related to the Company's operations, policies or practices.

The resignation is effected by a written consent in lieu of special meeting of the Board, dated February 28, 2020. On February 28, 2020, the Company's Board approved, by unanimous written consent in lieu of special meeting of the Board, the appointment of David Lazar as the new sole director of the Company, effective as of the Effective Time. The Board submitted such appointment for approval and ratification by the Company's stockholders, who approved such appointment by a vote of 82.8% of the total voting stock of the Company.

David Lazar is a private investor with business experience. Mr. Lazar has been a partner at Zenith Partners International since 2013, where he specializes in research and development, sales and marketing. From 2014 through 2015, David was the Chief Executive Officer of Dico Inc., which was then sold to Peekay Boutiques.

Pursuant to the February 28, 2020 Board consent, the Company's departing director also appointed Mr. Lazar as the Company's President, CEO, Treasurer, CFO and Secretary, to serve on an at-will basis until his resignation or removal by the Board. Mr. Lazar agreed to negotiate an employment agreement in good faith at an unspecified future date, and he does not anticipate taking cash compensation from the Company in connection with his service as officer of the Company. Mr. Lazar was selected based on his background and history of growing strong businesses and delivering long term growth in shareholder value.

The Company believes that Mr. Lazar possesses the attributes necessary to create substantial value for the Company's stockholders.