On July 24, 2026, the Board of Directors (the "Board") of Swarmer, Inc (the "Company") approved a realignment of the Company’s senior management team and a reallocation of the duties and responsibilities among certain of its executives, each effective immediately. In connection with the realignment, Mr. Alexander Fink, the Company’s current U.S. Chief Executive Officer and President, will assume additional responsibilities, and will become the Company’s "principal executive officer". Mr. Fink will report directly to the Board. His compensation will remain unchanged in connection with this leadership transition.

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