UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; |
On July 23, 2024, subsequent to the recommendation and approval of the Compensation Committee of the Board of Directors (the “Board”) of Intelligent Bio Solutions Inc. (the “Company”), the Board approved increasing the annual base salary for Harry Simeonidis, the Company’s Chief Executive Officer, from USD$270,600 to USD$369,600, and increasing the annual base salary for Spiro Sakiris, the Company’s Chief Financial Officer, from USD$237,600 to USD$270,600, effective April 1, 2024. The salaries of Messrs. Simeonidis and Sakiris are paid in Australian dollars and have been converted using an exchange rate of 1 Australian dollar to 0.66 United States dollars (USD).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: July 24, 2024 | ||
| INTELLIGENT BIO SOLUTIONS INC. | ||
| By: | /s/ Spiro Sakiris | |
| Name: | Spiro Sakiris | |
| Title: | Chief Financial Officer | |