{"url_path":"/sec/ehvvf/10-k/2026/item-7","section_key":"item-7","section_title":"Item 7 MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1653606/0001493152-26-023957-index.html","accession_number":"0001493152-26-023957","cik":"0001653606","ticker":"EHVVF","issuer_name":"Ehave, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1653606/0001493152-26-023957-index.html","primary_entity_key":"0001653606","primary_entity_name":"Ehave, Inc."},"word_count":864,"has_tables":true,"body_markdown":"**ITEM\n7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS**\n\n**A.\nMajor Shareholders**\n\nThe\nfollowing table lists the beneficial ownership of our securities as of December 31, 2025, by each person known by us to be the beneficial\nowner of 5% or more of the outstanding shares of any class of our securities. As of December 31, 2025, 1,482,014,555 of our ordinary\nshares were outstanding. As of December 31, 2025, with the exception of Shareholders disclosed in “Item 6.E Share Ownership”,\nwe are not aware of any shareholder who beneficially owns, directly or indirectly, or exercises control or direction over, our common\nshares, of more than 5% of the outstanding common shares, except as follows:\n\nName of Beneficial\nOwner\n\n**Number\nof**\n\n**Shares**\n\n**Beneficially**\n\n**Owned**\n\n**Percentage\nof**\n\n**Shares**\n\n**Outstanding**\n\nMargarita Kaplinskaya\n19,977,169\n5.56%\n\nThe\nvoting rights of our major shareholders do not differ from the voting rights of holders of our shares who are not major shareholders.\nEach of the above listed securities entitles the holder to one vote at our company’s shareholder meetings.\n\n**Shares\nHeld in the United States**\n\nThe\nfollowing table indicates, as of May 11, 2026, the total number of common shares issued and outstanding, the approximate total number\nof holders of record of common shares, the number of holders of record of common shares with U.S. addresses, the portion of the outstanding\ncommon shares held by U.S. holders of record, and the percentage of common shares held by U.S. holders of record. This table does not\nindicate beneficial ownership of common shares.\n\nNumber of\nPercentage\nof\n\nTotal Number\nof\nNumber of\nCommon Shares\nCommon Shares\n\nCommon Shares\nUS Holders\nHeld by\nHeld\n\nTotal Number\nof\nIssued and\nof\nUS Holders\nof\nby US Holders\nof\n\nHolders\nof Record\nOutstanding\nRecord\nRecord\nRecord\n\n67\n1,482,014,555\n20\n1,134,103,067\n76.5%\n\n**Change\nof Control**\n\nAs\nof December 31, 2025 there were no arrangements known to the Company which may, at a subsequent date, result in a change of control of\nthe Company.\n\n34\n\n**Control\nby Others**\n\nTo\nthe best of the Company’s knowledge, the Company is not directly or indirectly owned or controlled by another corporation, any\nforeign government, or any other natural or legal person, severally or jointly.\n\n**B.\nRelated Party Transactions**\n\nSince\nJanuary 1, 2020, and through the date hereof we entered into related party transactions as follows:\n\n●\nWe have entered into consulting contracts with each of our officers (see Item 6).\n\n●\nOn January 1, 2020, the Company entered into an executive employment agreement with the Chief Technology Officer. The Company agreed\nto pay the executive $120,000 annually for services rendered. As of December 31, 2025 this executive employment agreement was no longer\nactive. As of December 31, 2025 and 2024, the Company had accrued expenses of $209,597 related to this agreement.\n\n●\nOn October 1, 2020, the Company entered into a consulting agreement with its CFO, James Cardwell, for an initial term of one year. The\nagreement was extended for an additional year on its anniversary. Under the terms of the agreement, compensation was set at a minimum\nof $1,500 per month. The agreement was terminated as of December 31, 2023, and the Company has not appointed a replacement. As of December\n31, 2025 and 2024, the Company had accrued $0 and $0, respectively, in connection with this agreement, which is included in accrued expenses.\n\n●\nOn January 1, 2021, the Company entered into an Executive Consulting Agreement, which superseded the previous consulting agreement, with\nBenjamin Kaplan to serve as the Company’s CEO for an initial term of 36 months. As of December 31, 2025, and 2024, the Company\nhas recorded $1,575,948 and $1,417,548, respectively, as accrued expense in relation to the Executive Consulting Agreement. As of December\n31, 2025 and 2024, the Company has accrued $3,157,789 and $3,157,789, respectively, as equity payable in relation to the Executive Consulting\nAgreement. During the years ending December 31, 2025, and 2024, the Company has recorded $408,400 and $408,400 as general and administrative\nexpenses in relation to the Executive Consulting Agreement. During the year ended December 31, 2025 the Company issued 1,000,000,000\nshares of common stock to the CEO to settle $250,000 of the balance owed due to the Executive Consulting Agreement. During the year ending\nDecember 31, 2025 and 2024, the Company made cash payments of $0 to the CEO in relation to the Executive Consulting Agreement.\n\nThe\nCompany shall pay the CEO a fee of $24,000 per month as annual salary compensation. During the year ended December 31, 2025 and 2024,\nthe Company recorded $288,000 as general and administrative expense for the CEO fee.\n\n●\nOn January 30, 2024, the Company signed an agreement with a major shareholder for a $165,000 note payable. The note accrues interest\nat a rate of 1.75% compounded annually and has a maturity date of January 30, 2025 (Note 6 – Promissory and Convertible Notes).\nThe note had interest expense of $2,880 and $2,658 for the years ended December 31, 2025 and 2024, respectively. As of December 31, 2025,\nthe Company had recorded accrued interest of $4,090 related to the note within accrued interest on the Consolidated Balance Sheet.\n\n**C.\nInterests of Experts and Counsel**\n\nNot\napplicable\n\n35"}