AIRWA INC. 8-K

What Happened
AiRWA Inc. announced on July 10, 2026 that director Chenlong Liu resigned from the board, effective immediately. On July 15, 2026 the board, following its Nominating and Corporate Governance Committee recommendation, appointed Guibao Ji (the company’s Chief Financial Officer) and Alejandro Quiles to the board. Mr. Quiles was designated an independent director and will chair the Compensation Committee and join the Nominating and Corporate Governance and Audit Committees.

Key Details

• Resignation date: Chenlong Liu resigned effective July 10, 2026; the company reported no disagreement with Mr. Liu over operations, policies, or practices.
• Appointments date: Guibao Ji and Alejandro Quiles were appointed July 15, 2026.
• Compensation: Mr. Ji will receive no additional board pay beyond his CFO compensation; Mr. Quiles will be paid $15,000 per financial quarter in arrears for board service.
• Independence and relationships: The board determined Mr. Quiles meets Nasdaq and SEC independence standards; neither new director has a family relationship with current officers or directors; no related-party transactions were reported for either appointment.

Why It Matters
Board composition and committee membership affect governance oversight. Adding the CFO to the board keeps senior financial leadership involved in board decisions, while appointing an independent director who will chair compensation and sit on audit and governance committees may strengthen independent oversight of executive pay and financial reporting. The disclosed compensation and independence determination give investors clear, concrete details about the governance changes.