{"url_path":"/sec/mbgl/8-k/2026-07-02/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-02","source_url":"https://www.sec.gov/Archives/edgar/data/2090312/0001104659-26-080006-index.html","accession_number":"0001104659-26-080006","cik":"0002090312","ticker":"MBGL","issuer_name":"Mobility Global Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2090312/0001104659-26-080006-index.html","primary_entity_key":"0002090312","primary_entity_name":"Mobility Global Inc."},"word_count":762,"has_tables":true,"body_markdown":"**Item 5.02. Departure of Directors or Certain Officers; Election\nof Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\n**Resignation of\nDirectors**\n\n \n\nEffective as of 12:01 a.m. New York City time\non July 1, 2026, Christopher Craig and Taptesh (Tasha) K. Matharu (collectively, the “Resigning Directors”) resigned\nfrom the Board of Directors (the “Board”) of Mobility Global. The Resigning Directors’ resignation from the Board\nwas not due to any disagreement with Mobility Global relating to the operations, practices or policies of Mobility Global.\n\n \n\n**Appointment of Directors and Officers**\n\n \n\nEffective\nas of 12:01 a.m. New York City time on July 1, 2026, Eric W. Aboaf, William W. Eager, Heather Lavallee, Monique F. Leroux, Mark S. Peek,\nShilpa Ranganathan and Alexander Taussig were appointed as directors of Mobility Global. Joseph R. Hinrichs, who had been appointed\nto the Board effective June 25, 2026, was appointed Chair of the Board effective as of 12:01 a.m. New York City time on July 1, 2026 and\ncontinues to serve as a director of Mobility Global following the Distribution.\n\n \n\nThe section entitled “Management”\nin the Information Statement of Mobility Global included as an exhibit to the Registration Statement on Form 10 filed with the Securities\nand Exchange Commission on May 27, 2026 (the “Information Statement”) contains the biographical information about and compensation\ninformation for the newly appointed directors. Such information is incorporated by reference in this Item 5.02. There are no arrangements\nor understandings between any of the directors named above and any other person pursuant to which such director was appointed to the Board.\nThere are no other relationships between the directors named above and Mobility Global that would require disclosure pursuant to Item\n404(a) of Regulation S-K.\n\n \n\nIn connection with their joining the Board, certain\ndirectors of Mobility Global were appointed to the Audit and Nominating and Compensation Committees of the Board (the “Committees”)\neffective as of 12:01 a.m. New York City time on July 1, 2026. The current composition of the Committees is as follows:\n\n \n\n \n●\nthe Audit Committee consists of Joseph R. Hinrichs, Mark S. Peek, Shilpa Ranganathan and Alexander Taussig, with Mark S. Peek  serving as the Chair of the Audit Committee; and\n\n \n\n \n●\nthe Nominating and Compensation Committee  consists of Monique F. Leroux, Heather Lavallee and Joseph R. Hinrichs, with Monique F. Leroux serving as Chair of the Nominating and Compensation Committee\n\n \n\nEffective as of 12:01 a.m. New York City time\non July 1, 2026, Scott Fredericks was appointed to serve as the President of CARFAX and Joseph S. LaFeir was appointed to serve as the\nPresident of Mobility Business Solutions.\n\n \n\nThe sections entitled “Management”\nand “Compensation Discussion and Analysis” in the Information Statement contain the biographical and compensation information\nfor the newly appointed officers. Such information is incorporated by reference in this Item 5.02.\n\n** **\n\nEffective as of 12:01 a.m. New York City time\non July 1, 2026, the Board appointed Renato Negro to serve as Chief Accounting Officer of Mobility Global.\n\n \n\n \n\n \n\n \n\nPrior to joining Mobility Global, Mr. Negro served\nas Chief Accounting Officer of ESAB Corporation from October 2021 to April 2026. Before joining ESAB, Mr. Negro served as Vice President,\nController and Chief Accounting Officer for Avanos Medical, Inc., from February 2019 to November 2021. Mr. Negro also served as Vice President\nand Controller of Halyard Health from September 2014 to April 2018. Before that, Mr. Negro spent 18 years at Kimberly-Clark serving in\nvarious controllership roles, culminating in his position as Chief Financial Officer for the Sub-Saharan Africa region. Mr. Negro holds\na BA in economics from Turin University.\n\n \n\nMr. Negro will receive the following compensation in connection with\nhis appointment as Chief Accounting Officer: (i) annual base salary of $425,000, (ii) an annual target incentive opportunity of 50% of\nbase salary (prorated based on the number of days employed with Mobility Global in 2026), (iii) a one-time cash award of $190,000, (iv)\na one-time RSU award with a grant date value of $400,000 (to vest ratably over three years), and (v) he is eligible to participate in\nMobility Global’s 2027 Long-Term Stock Incentive Program at a target value of $300,000, subject to approval by the Nominating &\nCompensation Committee of the Board. Mr. Negro has no family relationships with any member of the Board or any executive officer of Mobility\nGlobal and is not a party to any transactions that would be disclosed under Item 404(a) of Regulation S-K. There are no arrangements or\nunderstandings between Mr. Negro and any other person and Mobility Global pursuant to which Mr. Negro was appointed to serve in his role."}