The Board of Directors of TON Strategy Company terminated the employment of Rory J. Cutaia, the Chief Executive Officer of its Global Digital Media Division and a named executive officer, effective February 27, 2026. On March 1, 2026, Mr. Cutaia informed the Company that he was resigning from the Board, effective immediately. Mr. Cutaia stated his reasons for resignation were disagreements with the Board's exercise of governance, oversight, and fiduciary duties. He also expressed his belief that the Board has engaged in corporate waste and self-dealing.