Glenn Josephs

Glenn Josephs, age 71, is a Certified Public Accountant with over 45 years of experience providing accounting and consulting services. On October 6, 2026, Abits Group appointed Josephs as an independent director and designated him chair of the Audit Committee.

Josephs retired from the accounting firm Friedman LLP in 2022, where he served as a Partner from 1996 to 2022, after previously serving as a Partner at Bagell, Josephs, Levine & Co LLC. He has worked closely with many commercial and residential real estate developers, owners, investors, syndicators and management companies, including those involved in affordable housing, and also has experience with nonprofit organizations, health care and medical practices.

Since 2008, Josephs has served on the board of directors of First Bank (Nasdaq: FRBA), where he qualifies as the bank's "audit committee financial expert" under the applicable criteria established by SEC regulations. He currently serves as chair of First Bank's audit committee and loan committee, and from 2020 to 2025 he served on its compensation and personnel committee and its nominating and governance committee.

Career history

• Board Director and Audit Committee Chair at Abits Group Inc. (2026–present)
• Partner at Friedman LLP (1996–2022)
• Partner at Bagell, Josephs, Levine & Co LLC (prior to 1996)
• Board Director at First Bank (Nasdaq: FRBA) since 2008; Audit Committee Chair and Loan Committee Chair
• Board Director at Elauwit Connection, Inc. (since January 2023)

What Glenn Josephs could bring to Abits Group Inc. as Audit Committee Chair: Josephs' appointment reflects Abits Group's need for audit expertise and governance strength, particularly given a recent financing-related leadership transition. His 45+ years of accounting and consulting experience, combined with his demonstrated expertise as an audit committee financial expert at a publicly traded bank and his background working with real estate, financial, and nonprofit entities, positions him to strengthen the company's financial oversight, internal controls, and stakeholder confidence during a critical period of restructuring.