ITEM 5.02 Election of Directors;
Appointment of Certain Officers
This Form 8-K/A is fled as an Amendment No.1 (the
“Amendment”) to the Current Report on Form 8-K filed by ROI Land Investments Ltd. (the “Company”) on April
21, 2017 (the “Current Report”). This Amendment is being filed solely for the purpose of correcting an error in Item
5.02 and Exhibit 99.1 of the Current Report, which has been corrected on Exhibit 99.1 to this Amendment. As indicated in Exhibit
99.1 to this Amendment, on April 18, 2017, the Board of Directors of the Company appointed Stéphane Boivin as Project Manager.
Stéphane Cliche remains President and COO of ROI.
Exhibit 99.1
FORM 8-K/A
(Amendment No. 1)
(a) On April 18, 2017, the Board of Directors of
ROI Land Investments, Ltd. (‘’ROI’’), appointed Mr. Martin Scholz to serve as ROI’s Executive Vice
President. Mr. Scholz is a current officer of ROI, and no additional compensation was granted for serving in his new capacity.
Mr. Scholz, has joined ROI in October 2015 as Vice
President Investor Relations. Prior to joining the ROI team, Mr. Scholz was a qualified financial consultant at Deutsche Bank
for 20 years and a regional director for the broker’s mobile sales force. While at Deutsche Bank, Mr. Scholz managed a team
of financial advisors and he was responsible for providing a range of financial and estate planning services to individuals and
families. Mr. Scholz was also responsible for the acquisition of new private and business clients, organizational planning, strategic
management and advising entrepreneurs on how to successfully develop their business. He is fluent in English and German. Martin
Scholz graduated as Certified Banking Manager Level 1 at Frankfurt School of Finance &. Management.
(b) On April 18, 2017, the Board of Directors of
ROI increased the number of its members from 2 to 3 and appointed Martin Scholz to fill the vacancy created by such increase. The
biography of the new Director is found in clause (a) above. The Board of Directors has no committees. No additional compensation
is being received by the new director.
(c) On April 18, 2017, the Board of Directors of
ROI appointed Antoine Tronquoy as the new Chief Financial Officer to replace Mr. Mohsen Maaouia who previously served as interim
Chief Financial Officer of the Company.
Mr. Antoine Tronquoy has over 15 years of experience
in the financial industry. He started his career at Morgan Stanley in Paris in 2002 in the Mergers and Acquisition department.
From 2003 to 2009 he was part of the real estate structured finance group within Morgan Stanley where he originated over $5 Bn
of financing with collateral in France, Belgium and Spain. He then joined Otera Capital (real estate debt affiliate of Caisse de
dépot et placement du Québec) as director in charge of special projects including the restructuring and the sale
of a $2 Bn portfolio of international non-performing loans and the due diligence for a corporate acquisition. In 2013, he was appointed
as Chief Financial Officer of Inovalis REIT (TSX: INO.UN), a REIT listed on the TSX investing in commercial real estate properties
in France and Germany. The company doubled its size with a market capitalization increased from $110 M to $220 M during the three
years he acted as CFO.
Antoine Tronquoy graduated with a Masters in Management
from HEC Paris.
(d) On April 18, 2017, the Board of Directors of
ROI appointed Stéphane Boivin as Project Manager.
Mr. Boivin has worked on various projects from
luxury hotels to commercial and residential buildings including industrial and telecom infrastructures. He managed about 30 projects
total during his career, most of them were 22 story skyscrapers that were built in different environments such as Brazil, Columbia,
Mexico, USA and Canada. With over 20 years of project development experience working with investors, plant managers, builders and
architects, Mr. Boivin is able to cater an excellent overview of a project from beginning to end and will provide senior leadership
in all projects developed by ROI in Canada, USA and Dubai. Mr. Boivin is also an INSEAD MBA graduate in finance and has a degree
in Mechanical Engineering from Laval University, Canada.
