On August 24, 2026, Xiangyang Wen resigned as chief executive officer, chairperson of the Board, and director. Ms. Yaqing Wei was appointed to succeed him in all three roles, joining the compensation and nomination committees. Wei brings experience from Beijing Aruisite Clinic Co., Ltd and Zhongliang Group China Co., Ltd, holding degrees from Peking University and California Polytechnic State University. An employment agreement between Wei and Infobird is filed as Exhibit 10.1. This leadership transition in the chief executive role constitutes a material event for investors assessing corporate governance and operational continuity. The company operates in the technology sector, providing software solutions.