Effective as of January 15, 2024, Vincent Ottomanelli resigned from his position as Chief Financial Officer of MGO Global Inc. As a result of Mr. Ottomanelli?s resignation as the Company?s Chief Financial Officer, he relinquished his role as the Company?s ?Principal Financial and Accounting Officer? for Securities and Exchange Commission (?SEC?) reporting purposes. In connection with his resignation, on January 15, 2024, the independent contractor agreement between the Company and Mr. Ottomanelli, dated November 3, 2022, as amended, was terminated.

Mr. Ottomanelli?s resignation did not result from any disagreement with the Company. Concurrently with Mr. Ottomanelli?s resignation, Dana Perez was appointed as the Chief Financial Officer of the Company effective as of January 15, 2024. Dana Perez, age 46, brings over two decades of experience in accounting spanning numerous industries.

Prior to joining the Company, Ms. Perez served as the principal of Eschenburg Perez CPA, LLC, a specialty financial consulting firm she founded in October 2020 to provide outsourced CFO services to public and private companies and non-profit organizations. A Florida licensed CPA, she has specialized expertise in the areas of audit management and oversight, SEC compliance and reporting, technical memo preparation, government contract compliance, financial statement presentation and analysis, general ledger management and workflow automation implementation. From June 2021 through December 2022, Ms. Perez served as Chief Financial Officer of Jupiter Neurosciences; and from May 2013 through April 2021, she was the CFO of Adopt-A-Family of the Palm Beaches, Inc. Earlier in her career, she served as Manager, National Office of Risk Management and Audit Manager at McGladrey, now RSM US, the fifth largest accounting firm in the United States.

Ms. Perez earned both a Bachelor of Science degree and a Master of Science degree in Accountancy from the University of North Carolina Wilmington.