On October 5, 2021, Puget Technologies, Inc. entered into an employment agreement with Mr. Carlos H. Arce. Pursuant to the terms of such employment agreement, Mr. Arce will serve as the Company’s as the chief legal and compliance officer. He will supervise all of the Company’s legal affairs and be responsible for implementation compliance plans approved by the board of directors and for assuring compliance by the Company and the Company personnel with all applicable laws, holding office as a corporate vice president and as the Company’s corporate secretary. In conjunction with the Company’s plan to revise and improve its management disclosed in the Company’s annual report on Form 10-K for the fiscal year ended October 31, 2020 and in order to provide the leadership the Company’s board of directors believes the Company requires, the Company has hired Carlos H. Arce, Esquire, as a full time general counsel and chief compliance officer and has also elected him to replace Thomas Jaspers as the Company’s corporate secretary. Most recently, Mr. Arce served as a Partner with Lubell Rosen in Fort Lauderdale, Florida, where he represented clients in many different healthcare-related legal matters, including multi-million-dollar acquisitions. Mr. Arce also recently served as chief executive officer and general counsel of Primary Medical Physicians LLC.