On August 29, 2018, Allegro Beauty Products, Inc. (the 'company') underwent a change in control. The company's largest shareholder, Barbara Chardi (the 'seller'), sold 5,500,000 shares of the company's common stock, representing approximately 68.5% of the company's total issued and outstanding shares of common stock, to Compunet Holdings AA Ltd., an Israeli company controlled by Mr. Alon Elbaz, (the 'buyer'). In accordance with the terms of the Securities Purchase Agreement, the changes were made to the Board of Directors and management of the company.

Effective as of August 29, 2018, Mr. Alon Elbaz was appointed a Director of the company. Effective as of August 29, 2018, the company accepted the resignation of Barbara Chardi as the sole officer of the company and as a member of the company's Board of Directors. The resignation of Ms. Chardi was not due to any disagreement with the company on any matter relating to its operations, policies, or practices.

Effective as of August 29, 2018, Mr. Alon Elbaz was appointed as the Chief Executive Officer of the company, and Ms. Limor Mamon was appointed as the Chief Financial Officer of the company. Since 2003, Mr. Elbaz has served as Chief Executive Officer of the NetPay International group of companies. Since 2009, Ms. Mamon has served as Chief Financial Officer of the NetPay International group of companies.