Grady Ryther

Chief Executive Officer and Director

Mr. Ryther has been the Chief Executive Officer and a director of Advasa Holdings, Inc. since August 11, 2025.

From September 2022 through August 2025, he founded and managed Grade-A Tutoring, a private tutoring company specializing in SAT preparation and advanced subjects. From February 2021 through May 2023, Mr. Ryther founded and managed Pix-Elation, a creative retail business integrating digital media and direct-to-consumer merchandising. From May 2018 through February 2021, he served as the managing director of ICON Parks Design, a landscape architecture and community development firm.

Mr. Ryther graduated cum laude from Harvard University with an A.B. in Physics and a secondary field in Economics in May 2010, where he distinguished himself academically by earning the second-highest score in Mechanics and Special Relativity.

He has led business development, client engagement, and operational oversight in connection with the foregoing businesses. He has also directed exploratory initiatives in digital innovation, including blockchain-enabled payment integration.

Mr. Ryther’s prior work with digital payment systems and emerging financial technologies provides relevant perspective as the Company continues to expand its fintech solutions. The Board of Directors believes that Mr. Ryther is qualified to serve as a director based on his academic distinction, leadership, entrepreneurial background, and experience in applying technology and business strategy to support organizational growth.

Mr. Ryther does not hold, and has not previously held, any directorships in any reporting companies.

Sultan Ali Rashed Lootah
(Chairman and Managing Partner of Vault Investments)

Independent Director

Sultan Lootah is the son of Ali Rashid Ahmed Lootah, a businessman and a prominent member of a respected Dubai business family. Ali Rashed Lootah is the Vice Chairman of the Board of Mashreq Bank, Board member of Dubai World, and has been the Chairman of the Board of Nakheel.

His son, Sultan Lootah is a UAE-based businessman with experience in public and private sector. Sultan Lootah has extensive background in emerging markets of Asia such as Vietnam, Korea, and India and has established a strong network with prominent business officials.

Sultah Lootah has held key positions across various companies. From 2003 to 2007, he was the Director of Information Technology at Department of Economic Development in Dubai. From 2007 to 2013, he was the CEO of Mohammed bin Rashid Al Maktoum Foundation to lead the Foundation’s initiatives to combat unemployment in the Arab world.

Sultan Lootah is currently the Chairman and Managing Partner of Vault Investments, an investment firm founded in 2012 holding a portfolio of $100 million. Vault investment focuses on technology, retail, and trading sectors across Vietnam, GCC, India, Egypt, Europe, and the U.S. Vault Investment currently has three investment funds - a $100 million Technology Debt Fund, $100 million Private Equity Fund, and a $5 million Angel Investments Funds.

In 2018, Sultan Lootah founded Relam Investments in partnership with MIG Holdings (Vietnam-based investment group) to increase the geographic scope of investments.

Will Witherspoon

Independent Director

Mr. Witherspoon is a capital-focused operator with end-to-end experience in sourcing, underwriting, and delivering real assets. He brings expertise in capital stack design, investor materials, and governance—bridging developer execution with fiduciary rigor. He has managed over $300 million in development projects, structuring debt-equity stacks aligned to target returns.

Mr. Witherspoon currently serves as Asset Acquisition Manager at UMcapital, where he is responsible for the confirmation and validation of in-ground and SKR assets, as well as preparing for acquisition and investment into targeted assets.

Since 2020, he has served as Principal of Hubert Development in Atlanta, GA, leading multifamily and commercial projects across acquisition, pre-development, financing, construction, and stabilization. In this role, he owns underwriting and capital structure, lender selection, term negotiation, and draw administration, while driving entitlement strategy and stakeholder engagement with municipalities, general contractors, and design teams.

From 2017, Mr. Witherspoon has also served as Financial Consultant at Forge Consulting, designing comprehensive trust, estate, and insurance strategies for high-net-worth clients and settlement recipients, partnering with attorneys and fiduciaries.

Prior to his career in private capital, Mr. Witherspoon was a professional athlete in the National Football League (NFL) from 2002 to 2014, playing for the Carolina Panthers, St. Louis Rams, Philadelphia Eagles, and Tennessee Titans. He served as Team Captain and NFLPA Player Representative.

Mr. Witherspoon holds a Master of Business Administration from George Washington University and a Bachelor of Science in Housing & Community Development from the University of Georgia. He also serves as a Board Member of A Greener World, supporting sustainability and agricultural certification programs.

Ferdinand Groenewald

Independent Director

Mr. Groenewald has served as an independent director and a member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of Advasa Holdings since June 24, 2026. Mr. Groenewald is a U.S. citizen. Since February 22, 2024, Mr. Groenewald served as Vice President of Finance of Alaunos Therapeutics, Inc., a Nasdaq-listed company, and from June 5, 2024 through March 15, 2026, he served as Chief Financial Officer of Streamex Corp., a Nasdaq-listed company. From July 31, 2022 through December 15, 2023, Mr. Groenewald has served in several capacities at the CFO Squad which provides outsourced accounting and consulting services. From January 2, 2022 to July 31, 2022, Mr. Groenewald had served as the Chief Accounting Officer of Muscle Maker, Inc., a Nasdaq listed company. From September 2018 to January 2, 2022, Mr. Groenewald served as the Chief Financial Officer of Muscle Maker, Inc. From January 25, 2018 through May 29, 2018, Mr. Groenewald served as the Vice President of Finance, Principal Financial Officer and Principal Accounting Officer of Envision Solar International, Inc., a Nasdaq-listed company.