On October 17, 2022 HPIL Holdings announced that, effective October 17, 2022, Mr. Christopher Philbrick has been appointed Director of the Company. The company announced that, effective October 17, 2022, Mr. Ray Wong has resigned as Chief Operating Officer of the Company. The company announced that, effective October 17, 2022, Mr. Nitin Amersey has resigned as a Director of the Company and as the Chairman of the Board of the Company and Secretary of the Company.

The company announced that, effective October 17, 2022, Mr. John Mitchell has resigned as a Director of the Company. Mr. Philbrick, age 49, Bachelor of Science, Mechanical Engineering, ten years leadership including business consulting and Vice President of Operations for a Defense of Defense contractor, twenty years of management in industrial robotic automation and process improvements, thirty-five years entrepreneurial experience, and real estate investment and development. As Chief Executive Officer of HPIL Holding, his priorities are to focus on building the company with same midwestern work ethic and determination that drives him daily.

Creating REAL value for the shareholders, backed by financial reporting, products, and services. Customers are the key to success; shareholders will be the beneficiaries of happy customers.