Abits Group Names Stephen Faucetta CEO and Chairman

Abits Group appointed Stephen Faucetta CEO, board chairman and director, effective October 6, 2026. Glenn Josephs and Mohsen (Michael) Khorassani joined as independent directors, also effective October 6, 2026. Josephs replaced Khuat Leok Choong Lionel; Khorassani replaced Yanyan Sun following their resignations. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Abits Group Inc. published the original content used to generate this news brief via (Ref. ID: 202610151700PRIMZONEFULLFEED9846667) on October 15, 2026, and is solely responsible for the information contained therein. (C)