{"url_path":"/sec/nutr/8-k/2026-05-20/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/2006468/0001493152-26-024614-index.html","accession_number":"0001493152-26-024614","cik":"0002006468","ticker":"NUTR","issuer_name":"NUSATRIP Inc","edgar_url":"https://www.sec.gov/Archives/edgar/data/2006468/0001493152-26-024614-index.html","primary_entity_key":"0002006468","primary_entity_name":"NUSATRIP Inc"},"word_count":1294,"has_tables":true,"body_markdown":"**Item\n5.02**\n**Departure\nof Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\n**Departure\nof Chief Executive Officer**\n\n \n\nOn\nMay 17, 2026, the Board terminated the employment of Anson Neo (“Mr. Neo”) as Chief Executive Officer of the Company, effective\nimmediately. Mr. Neo also no longer acted in any officer, management, banking, administrative, platform access, or other authorized capacities\nwith the Company and its subsidiaries.\n\n \n\nThe\nBoard determined that Mr. Neo’s termination constituted a termination for cause under the applicable employment agreement. Mr.\nNeo will be entitled to final compensation required under the applicable employment agreement and applicable law.\n\n \n\nThere\nwere no disagreements between Mr. Neo and the Company on any matter relating to the Company’s operations, policies, or practices\nrequired to be disclosed under Item 5.02 of Form 8-K.\n\n \n\n**Departure\nof Chief Financial Officer**\n\n \n\nOn\nMay 17, 2026, the Board terminated the employment of Tan Yee Siong (“Mr. Tan”) as Chief Financial Officer of the Company,\neffective immediately. Mr. Tan also no longer acted in any officer, management, banking, administrative, platform access, or other authorized\ncapacities with the Company and its subsidiaries.\n\n \n\nThe\nBoard determined that Mr. Tan’s termination constituted a termination for cause under the applicable employment agreement. Mr.\nTan will be entitled only to final compensation required under the applicable employment agreement and applicable law.\n\n \n\nThere\nwere no disagreements between Mr. Tan and the Company on any matter relating to the Company’s operations, policies, or practices\nrequired to be disclosed under Item 5.02 of Form 8-K.\n\n \n\n**Appointment\nof Chief Executive Officer**\n\n \n\nOn\nMay 17, 2026, the Board appointed Tjin Patrick Soetanto (“Mr. Soetanto”) as Chief Executive Officer of the Company, effective\nimmediately, subject to the finalization of mutually acceptable employment or consulting terms approved by the Board or an authorized\ncommittee of the Board. Any employment or consulting arrangements that may be entered into with Mr. Soetanto will be disclosed if and\nto the extent required by applicable law and securities regulations.\n\n \n\nMr.\nSoetanto has extensive professional experience in senior leadership and operations management. He was appointed as Head of Hotel of the\nCompany effective November 1, 2025. Prior to that, he had served as the Company’s Chief Executive Officer beginning in June 2023.\nAs Head of Hotel and previously as Chief Executive Officer, Mr. Soetanto managed and coordinated supply chain operations, network and\noperations planning, vendor contracts, and process improvement initiatives, and worked closely with the Company’s technology, marketing,\nsales, and finance teams to define and implement operational strategy, structure, and processes. Mr. Soetanto was initially hired by\nSociety Pass Incorporated (“SOPA”), the parent company of the Company, in August 2022 as Indonesian General Manager and was\npromoted to serve as SOPA’s Chief Operating Officer in May 2023. Mr. Soetanto has more than 20 years of experience in the textile\nand viscose fiber business connecting all Indonesian spinning mill using South Pacific Viscose (SPV) fiber. Immediately prior to his\nwork at SOPA, Mr. Soetanto was a director of SPV which is part of Lenzing Group for 7 years and became a commissioner in 2017. He also\nstarted a sustainable clothing brand to create awareness of Lenzing’s Tencel and Ecovero brand. Moreover, Mr. Soetanto set up a\nnew logistics division in 2017 which became a part of Salim group, increasing its valuation in terms of growth and expansion. Previously\nMr. Soetanto was also involved in Carbon Finance and Trading as he helps set up Aretae’s Indonesian subsidiary. Mr. Soetanto has\na Bachelor of Arts focused in International Business from Loyola Marymount University.\n\n \n\n \n\n \n\n \n\nTo\nthe Company’s knowledge, there are no family relationships between Mr. Soetanto and any director or executive officer of the Company,\nand Mr. Soetanto does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a)\nof Regulation S-K.\n\n \n\n**Appointment\nof Chief Financial Officer**\n\n \n\nOn\nMay 17, 2026, the Board appointed Wallace Tzi Chun Foo (“Mr. Foo”) as Chief Financial Officer of the Company, effective immediately,\nsubject to the finalization of mutually acceptable employment or consulting terms approved by the Board or an authorized committee of\nthe Board. Any employment or consulting arrangements that may be entered into with Mr. Foo will be disclosed if and to the extent required\nby applicable law and securities regulations.\n\n \n\nMr.\nFoo has over 30 years of professional experience in investment banking and corporate finance. He has held Managing Director positions\nat major international investment banks, including Credit Suisse and CCB International, where he was responsible for managing large,\ncomplex transactions for clients in different industries across Asia. At present, he is also acting as chief executive officer of Ascendance\nGroup Limited, an investment management company engaged in identifying, acquiring, managing and holding investments in early-stage technology\ncompanies globally, as well as providing strategic business consultancy services. From 2017 to 2022, he was the Managing Director of\nTongfang Capital Limited, a subsidiary of Tsinghua Tongfang Co., Ltd. (SHA:600100), with overall management responsibilities. Mr. Foo\nis a CFA charterholder and received his MBA from McGill University.\n\n \n\nTo\nthe Company’s knowledge, there are no family relationships between Mr. Foo and any director or executive officer of the Company,\nand Mr. Foo does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a)\nof Regulation S-K.\n\n \n\n**Departure\nof Director**\n\n \n\nOn\nJanuary 27, 2026, Richard Hou notified NusaTrip Incorporated (the “Company”) of his resignation from the Board of Directors\nof the Company (the “Board”), effective February 5, 2026. Mr. Hou served as an independent director, a member of the Audit\nCommittee, and the chair of the Nominating and Corporate Governance Committee. Mr. Hou’s resignation was not the result of any\ndisagreement with the Company on any matter relating to the Company’s operations, policies or practices.\n\n \n\n**Appointment\nof Director**\n\n \n\nOn\nFebruary 5, 2026, the Board appointed Xin Li (“Mr. Li”) as a director of the Company, effective February 5, 2026. The Board\nhas determined that Mr. Li qualifies as an “independent director” under the applicable listing standards of the Nasdaq Capital\nMarket. In connection with his appointment, Mr. Li was named to the Audit Committee and the Nominating and Corporate Governance Committee,\nand the Board designated him as chairperson of the Nominating and Corporate Governance Committee, in each case effective as of his appointment.\n\n \n\nMr.\nLi, age 49, has more than 15 years of engineering and technology leadership experience across cloud computing, data analytics and industrial\nsolutions. Since May 2018, he has served as a Principal Cloud Architect at Amazon, focusing on cloud solution development. From February\n2017 to March 2018, he was a Data Analytics Manager at Envision, serving as a software solution developer. From August 2014 to December\n2016, Mr. Li was a Senior Manager at Aker Solutions, where he served as a control product line manager. From August 2011 to July 2014,\nhe was an Engineering Manager at FMC Technologies, where he led power engineering initiatives. Mr. Li holds an M.B.A. from the University\nof Minnesota (2010), a Ph.D. in Mechanical Engineering from the University of Houston (2005), and both an M.S. (2001) and a B.S. (1998)\nin Mechanical Engineering from Shanghai Jiao Tong University.\n\n \n\nTo\nthe Company’s knowledge, there are no family relationships between Mr. Li and any director or executive officer of the Company,\nand Mr. Li does not have a direct or indirect material interest in any transaction required to be disclosed under Item 404(a) of Regulation\nS-K.\n\n \n\n \n\n \n\n \n\n**SIGNATURES**\n\n \n\nPursuant\nto the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by\nthe undersigned hereunto duly authorized.\n\n \n\nDate:\nMay 20, 2026\n**NusaTrip\nIncorporated**\n\n \n \n \n\n \n \n*/s/\nHeather Maynard*\n\n \nName:\nHeather\nMaynard\n\n \nTitle:\nDirector\nand Chairwoman of the Board"}