Royalty Management Holding Corp appointed Thomas Sauve as new CEO

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Election of Directors and Appointment of Officers


On the Closing Date, each of Daniel J. Hasler, Gary Ehlebracht, Julie K. Griffith, and Thomas Sauve were elected as directors of the Company, with Thomas Sauve appointed as chairman of the board of directors (the "Board"), and Thomas Sauve was appointed to serve as the Chief Executive Officer upon the completion of the Business Combination, and Kirk Taylor remains as the Chief Financial Officer upon the completion of the Business Combination. Biographical information with respect to such individuals is set forth in the section entitled "Executive Officers and Directors After the Business Combination" beginning on page 133 of the Proxy Statement/Prospectus and is incorporated herein by reference.


Departure of Directors and Certain Officers


Effective upon the Closing Date, Edward Smith resigned as director of AMAO, and Thomas Sauve replaced Mark Jensen as Chairman of the Board and Chief Executive Officer. Effective upon the Closing Date, Mark Jensen resigned as Chief Executive Officer of AMAO.


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Compensatory Arrangements for Directors and Executive Officers


The information set forth in the sections entitled "Executive and Director Compensation on pages 122 and 124 of the Proxy Statement/Prospectus is incorporated herein by reference.