UPAY Inc., a Nevada holding company quoted on the OTCQB Venture Market under ticker UPYY, appointed Marina Short chief executive officer of its majority-owned South African subsidiary, AML GO (Pty) Ltd, effective August 5, 2026. Short is not an officer or director of UPAY Inc., and the appointment does not change UPAY’s executive officers; Jacob C. Fölscher remains UPAY’s Chief Executive Officer and Chief Financial Officer. Short has worked in South African financial management, credit, risk, data and regulatory compliance since 1997 and was chief executive officer of Consumer Profile Bureau from March 2011 to August 2025. AML GO provides compliance software covering customer due diligence, sanctions and politically exposed person screening, adverse-media checks, reporting, audit trails and API integration designed to support obligations under the Financial Intelligence Centre Act (South Africa’s financial-crime law). UPAY acquired a controlling interest in AML GO in June 2024, and the company has offered its services in South Africa since October 2024. AML GO is continuing to develop transaction-monitoring and alerting capabilities. The company expects Short’s leadership and regulatory experience to support growth, but cautioned that there is no assurance her appointment will increase revenue, client adoption, product development or profitability. The release also states that AML GO’s plans depend on market demand, regulatory developments, competition, product performance and its ability to attract and retain clients and qualified personnel.