Item 3.03 Material Modification to the Rights of Security Holders.

On February 12, 2022, a majority of the shareholders of Sun Pacific Holding Corp. (the "Company") approved of providing the Board of Directors of the Company the option to, at its sole discretion, implement a reverse stock split at a range between 100:1 and 1000:1. The option to implement the reverse was for twelve (12) months from April 21, 2022, the date of the filing of a Definitive 14C with the SEC. As of January 24, 2023, the Board of Directors of the Company has determined to allow the period to lapse and to waive its option to implement a reverse stock split.

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