On August 16, 2021, A. Stone Douglass, 74, who has served as a member of the Board of Directors of Digipath, Inc. since July 1, 2021, was appointed to serve as the company’s Chief Financial Officer. Prior to his appointment as a director, Mr. Douglass had been serving as a consultant to the company. In addition, Mr. Douglass has been: the Chief Executive Officer of GeoSolar Technologies, Inc. since December 2020; the Chief Financial Officer of David Kind, Inc., since June 2013; the Chairman and Chief Executive Officer of Sealand Natural Resources, Inc., since March 2016; the Chief Financial Officer of P5 Systems, Inc., a San Diego based technology platform known as the Craig’s List of cannabis, servicing the legal cannabis value chain, since March 2018; the Chief Executive Officer and director of Empire Global Gaming, Inc., a publicly traded Long Island, NY based owner of gambling games and gaming applications, since December 2018; and the principal owner of Ducks Nest Investments Inc, a private investment company, since September 1990. Between September 2014 and May 2017 Mr. Douglass was the manager of HL Brands, LLC and watches and bags under the Flud brand, and between September 2014 and May 2017, Mr. Douglass was the Chairman of Artec Global Media, Inc.