UOKAF 6-K
Mdjm Ltd (UOKAF)
UNITED STATES
SECURITIES AND EXCHANGECOMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGNPRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
Commission File Number: 001-38768
MDJM LTD
Fernie Castle, Letham
Cupar, Fife, KY15 7RU
United Kingdom
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F<br> x | Form 40-F ¨ |
|---|
Appointment of Chief Knowledge Officer
On June 25, 2026, the Board of Directors (the “Board”) of MDJM LTD (the “Company”) appointed Ms. María Consuelo Loureiro Vilarelle, professionally known as Chelo Loureiro (“Ms. Loureiro”), to serve as Chief Knowledge Officer of the Company, effective June 8, 2026.
Ms. Loureiro is a Spanish animation producer and cultural industry professional with more than three decades of experience in animation production, international co-production and cultural development. Since 2007, she is the founder and executive producer of Abano Producións, an independent production company recognized for author-driven animation, artistic quality and culturally significant storytelling. Throughout her career, Ms. Loureiro has produced and participated in numerous animated works that have been selected by, and received awards from, international film festivals. In recognition of her contribution to culture and the arts, she was awarded the Gold Medal for Merit in Fine Arts by the Government of Spain.
In connection with her appointment, the Company entered into an employment agreement with Ms. Loureiro on June 8, 2026 (the “Employment Agreement”). Pursuant to the Employment Agreement, Ms. Loureiro will serve as the Company’s Chief Knowledge Officer for an initial term of two years, unless earlier terminated in accordance with the terms of the Employment Agreement. Ms. Loureiro is expected to provide high-level professional guidance on animation and provide strategic guidance on intellectual property commercialization models, among other duties.
As compensation for Ms. Loureiro’s service as Chief Knowledge Officer, the Company agreed to grant and issue to Ms. Loureiro 80,000 Class A ordinary shares of the Company under the MDJM LTD 2026 Equity Incentive Plan, subject to applicable law, regulatory requirements, corporate procedures, the terms of the equity incentive plan and the applicable award agreement. The shares will vest immediately upon issuance and will be subject to a six-month contractual lock-up period. Following expiration of the lock-up period, any resale of the shares must be made pursuant to an effective registration statement or an available exemption from registration under applicable securities laws, including Rule 144, if available.
The Company also entered into an indemnity agreement on June 25, 2026 with Ms. Loureiro in the Company’s standard form.
There are no family relationships between Ms. Loureiro and any director or executive officer of the Company. To the best knowledge of the Company, there is no understanding or arrangement between Ms. Loureiro and any other person pursuant to which she was appointed as an officer. There are no related party transactions between the Company and Ms. Loureiro that would require disclosure under applicable SEC rules.
Appointment of Director
On June 25, 2026, the Nominating and Corporate Governance Committee of the Board recommended, and the Board appointed, Mr. Duncan Murray Campbell (“Mr. Campbell”) to serve as a member of the Board, effective June 8, 2026. Mr. Campbell has not been appointed to serve on any committee of the Board as of the date hereof.
Mr. Campbell is a scholar and cultural professional with extensive experience in Chinese studies, cultural research, and education. He has served as a Senior Research Fellow at the New Zealand Contemporary China Research Centre at Te Herenga Waka | Victoria University of Wellington since 2023, where his responsibilities have included report writing, masterclass facilitation and presentations. He has served as Acting Director of the New Zealand Contemporary China Research Centre since 2022, where he managed activities including seminars, masterclasses and cross-agency forums. Mr. Campbell received a B.A. in History and English Literature from Te Herenga Waka | Victoria University of Wellington in 1974 and an M.A. in Chinese Studies from The University of Auckland in 1980.
In connection with his appointment, the Company entered into a director offer letter with Mr. Campbell, dated June 23, 2026, pursuant to which Mr. Campbell will serve as a director of the Company for a term of two years, subject to earlier termination in accordance with the terms of the director offer letter, or until his successor is duly elected and qualified. Mr. Campbell’s position will be subject to re-election at the Company’s next annual general meeting of shareholders. Mr. Campbell is expected to provide high-level, non-executive and non-binding cultural and academic input in connection with the Company’s Fernie Castle Project.
As compensation for Mr. Campbell’s service as a director, the Company agreed to grant and issue to Mr. Campbell 80,000 Class A ordinary shares of the Company under the MDJM LTD 2026 Equity Incentive Plan, subject to the terms and conditions of the director offer letter, the equity incentive plan, the applicable award agreement and applicable law. The shares shall vest immediately upon issuance. The shares are restricted securities and subject to a six-month contractual lock-up period. Following expiration of the lock-up period, any resale of the shares must be made pursuant to an effective registration statement or an available exemption from registration under the Securities Act of 1933, as amended, including Rule 144 thereunder, if available.
The Company also entered into an indemnity agreement on June 26, 2026 with Mr. Campbell in the Company’s standard form.
There are no family relationships between Mr. Campbell and any director or executive officer of the Company. To the best knowledge of the Company, there is no understanding or arrangement between Mr. Campbell and any other person pursuant to which he was appointed as a director. There are no related party transactions between the Company and Mr. Campbell that would require disclosure under applicable SEC rules.
The foregoing descriptions of the Employment Agreement, director offer letter and indemnity agreements do not purport to be complete and are qualified in their entirety by reference to the full text of the form of Employment Agreement, director offer letter and form of indemnity agreement, copies of which are furnished as Exhibits 10.1, 10.2 and 10.3, respectively, to this Report on Form 6-K.
Share Issuance to Existing Independent Director
On June 25, 2026, the Board and the Compensation Committee of the Company approved the grant and issuance of 40,000 Class A ordinary shares of the Company to Mr. Bo Wang, a member of the Board, under the MDJM LTD 2026 Equity Incentive Plan, as compensation for his service to the Company.
Incorporation by Reference
This report of foreign private issuer on Form 6-K, excluding the information under the heading “Regulation FD Disclosure” and Exhibits 99.1 and 99.2 hereto, is hereby incorporated by reference into (i) the registration statement on Form F-3 of the Company (File Number 333-294010), as amended, and (ii) the registration statement on Form S-8 of the Company (File Number 333-278269), as amended, and into the prospectus outstanding under the foregoing registration statements, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.
Regulation FD Disclosure
On June 29, 2026, the Company issued a press release announcing the appointment of Ms. María Consuelo Loureiro Vilarelle, professionally known as Chelo Loureiro, as Chief Knowledge Officer of the Company. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K.
On June 29, 2026, the Company issued a press release announcing the appointment of Mr. Duncan Murray Campbell as a director of the Company. A copy of the press release is furnished as Exhibit 99.2 to this Report on Form 6-K.
The press releases furnished as Exhibits 99.1 and 99.2 to this Report on Form 6-K shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
EXHIBIT INDEX
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| MDJM LTD | ||
|---|---|---|
| Date: June 29,<br> 2026 | By: | /s/<br> Siping Xu |
| Name: | Siping Xu | |
| Title: | Chief Executive Officer and<br> Chairman of the Board of Directors |
Exhibit 10.2
MDJM LTD
Fernie Castle, Letham
Cupar, Fife, KY15 7RU
United Kingdom
June 23, 2026
Duncan Murray Campbell
Address of Duncan Murray Campbell: [*]
| Re: | Director Offer Letter |
|---|
Dear Mr. Campbell,
MDJM LTD, a Cayman Islands exempted company limited by shares (the “Company”), is pleased to offer you a position as of member of its Board of Directors (the “Board”). We believe your background and experience will be a significant asset to the Company and we look forward to your participation on the Board. Should you choose to accept this position as a member of the Board, this letter agreement (the “Agreement”) shall constitute an agreement between you and the Company and contains all the terms and conditions relating to the services you agree to provide to the Company.
Term. This Agreement is effective upon your acceptance and signature below. Your term as a director shall commence on June 8, 2026 and continue for two years, subject to the provisions in Section 8 below or until your successor is duly elected and qualified. The position shall be up for re-election at the next annual shareholder’s meeting, and upon re-election, the terms and provisions of this Agreement shall remain in full force and effect.
Services. You shall render services as a member of the Board and/or the Board’s committees set forth on Schedule A attached hereto and perform the duties set forth on Schedule A, together with such duties as provided in the charter of the Company and/or the charter of such committee (hereinafter your “Duties”). During the term of this Agreement, you shall attend and participate in such number of meetings of the Board and of the committee(s) of which you are a member as regularly or specially called. You may attend and participate at each such meeting via teleconference, video conference or in person. You shall consult with the other members of the Board and committee(s) as necessary via telephone, electronic mail or other forms of correspondence.
Compensation. As compensation for your services to the Company, you will receive compensation as set forth on Schedule B attached hereto (hereinafter, the “Compensation”) for serving on the Board during your term as a director. You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.
No Assignment. Because of the personal nature of the services to be rendered by you, this Agreement may not be assigned by you without the prior written consent of the Company.
Confidential Information;Non-Disclosure. In consideration of your access to certain Confidential Information (as defined below) of the Company, in connection with your business relationship with the Company, you hereby represent and agree as follows:
a. Definition. For purposes of this Agreement the term “Confidential Information” means:
i. Any information which the Company possesses that has been created, discovered or developed by or for the Company, and which has or could have commercial value or utility in the business in which the Company is engaged; or
ii. Any information which is related to the business of the Company and is generally not known by non-Company personnel.
iii. Confidential Information includes, without limitation, trade secrets and any information concerning services provided by the Company, concepts, ideas, improvements, techniques, methods, research, data, know-how, software, formats, marketing plans, general analyses, business plans and analyses, strategies, forecasts, customer and supplier identities, characteristics and agreements.
b. Exclusions. Notwithstanding the foregoing, the term Confidential Information shall not include:
i. Any information which becomes generally available to the public other than as a result of a breach of the confidentiality portions of this Agreement, or any other agreement requiring confidentiality between the Company and you;
ii. Information received from a third party in rightful possession of such information who is not restricted from disclosing such information; and
iii. Information known by you prior to receipt of such information from the Company, which prior knowledge can be documented.
c. Documents. You agree that, without the express written consent of the Company, you will not remove from the Company’s premises, any notes, formulas, programs, data, records, machines or any other documents or items which in any manner contain or constitute Confidential Information, nor will you make reproductions or copies of same. You shall promptly return any such documents or items, along with any reproductions or copies, to the Company upon the earliest of Company’s demand, termination of this Agreement, or your termination or Resignation, as defined in Section 8 herein.
d. Confidentiality. You agree that you will hold in trust and confidence all Confidential Information and will not disclose to others, directly or indirectly, any Confidential Information or anything relating to such information without the prior written consent of the Company, except as maybe necessary in the course of your business relationship with the Company. You further agree that you will not use any Confidential Information without the prior written consent of the Company, except as may be necessary in the course of your business relationship with the Company, and that the provisions of this paragraph (d) shall survive termination of this Agreement.
e. Ownership. You agree that Company shall own all right, title and interest (including patent rights, copyrights, trade secret rights, mask work rights, trademark rights, and all other intellectual and industrial property rights of any sort throughout the world) relating to any and all inventions (whether or not patentable), works of authorship, mask works, designations, designs, know-how, ideas and information made or conceived or reduced to practice, in whole or in part, by you during the term of this Agreement and that arise out of your Duties (collectively, “Inventions”) and you will promptly disclose and provide all Inventions to the Company. You agree to assist the Company, at its expense, to further evidence, record and perfect such assignments, and to perfect, obtain, maintain, enforce, and defend any rights assigned.
Non-Competition. You agree and undertake that you will not, so long as you are a member of the Board and for a period of 12 months following termination of this Agreement for whatever reason, directly or indirectly as owner, partner, joint venture, shareholder, employee, broker, agent principal, corporate officer, director, licensor or in any other capacity whatsoever, engage in, become financially interested in, be employed by, or have any connection with any business or venture that is engaged in any activities involving services or products which compete, directly or indirectly, with the services or products provided or proposed to be provided by the Company or its subsidiaries or affiliates; provided, however, that you may own securities of any public corporation which is engaged in such business but in an amount not to exceed at any one time, one percent of any class of stock or securities of such company, so long as you has no active role in the publicly owned company as director, employee, consultant or otherwise.
Non-Solicitation. So long as you are a member of the Board and for a period of 12 months thereafter, you shall not directly or indirectly solicit for employment any individual who was an employee of the Company during your tenure.
Termination and Resignation. Your membership on the Board or on a Board committee may be terminated for any or no reason by a vote of the shareholders holding at least a majority of the shares of the Company’s issued and outstanding shares entitled to vote. Your membership on the Board or on a Board committee shall be terminated if you become of unsound mind or are prohibited by law from being so. You may also terminate your membership on the Board or on a committee for any or no reason by delivering your written notice of resignation to the Company (“Resignation”), and such Resignation shall be effective upon the time specified therein or, if no time is specified, upon receipt of the notice of Resignation by the Company. Upon the effective date of the termination or Resignation, your right to compensation hereunder will terminate subject to the Company’s obligations to pay you any compensation (including the vested portion of the securities of the Company) that you have already earned and to reimburse you for approved expenses already incurred in connection with your performance of your Duties as of the effective date of such termination or Resignation. Any securities of the Company that have not vested as of the effective date of such termination or Resignation shall be forfeited and cancelled.
Governing Law. All questions with respect to the construction and/or enforcement of this Agreement, and the rights and obligations of the parties hereunder, shall be determined in accordance with the law of Cayman Islands applicable to agreements made and to be performed entirely in the Cayman Islands.
Entire Agreement; Amendment;Waiver; Counterparts. This Agreement expresses the entire understanding with respect to the subject matter hereof and supersedes and terminates any prior oral or written agreements with respect to the subject matter hereof. Any term of this Agreement may be amended and observance of any term of this Agreement may be waived only with the written consent of the parties hereto. Waiver of any term or condition of this Agreement by any party shall not be construed as a waiver of any subsequent breach or failure of the same term or condition or waiver of any other term or condition of this Agreement. The failure of any party at any time to require performance by any other party of any provision of this Agreement shall not affect the right of any such party to require future performance of such provision or any other provision of this Agreement. This Agreement may be executed in separate counterparts each of which will be an original and all of which taken together will constitute one and the same agreement, and may be executed using facsimiles of signatures, and a facsimile of a signature shall be deemed to be the same, and equally enforceable, as an original of such signature.
Indemnification. The Company shall, to the maximum extent provided under applicable law, indemnify and hold you harmless from and against any expenses, including reasonable attorney’s fees, judgments, fines, settlements and other legally permissible amounts (“Losses”), incurred in connection with any proceeding arising out of, or related to, your performance of your Duties, other than any such Losses incurred as a result of your negligence, fraud, bad faith, or willful misconduct. The Company shall advance to you any expenses, including reasonable attorneys’ fees and costs of settlement, incurred in defending any such proceeding to the maximum extent permitted by applicable law. Such costs and expenses incurred by you in defense of any such proceeding shall be paid by the Company in advance of the final disposition of such proceeding promptly upon receipt by the Company of (a) written request for payment; (b) appropriate documentation evidencing the incurrence, amount and nature of the costs and expenses for which payment is being sought; and (c) an undertaking adequate under applicable law made by or on your behalf to repay the amounts so advanced if it shall ultimately be determined pursuant to any non-appealable judgment or settlement that you are not entitled to be indemnified by the Company.
Not an Employment Agreement. This Agreement is not an employment agreement, and shall not be construed or interpreted to create any right for you as an employee of the Company.
Acknowledgement. You accept this Agreement subject to all the terms and provisions of this Agreement. You agree to accept as binding, conclusive, and final all decisions or interpretations of the Board of the Company of any questions arising under this Agreement.
The Agreement has been executed and delivered by the undersigned and is made effective as of the date set first set forth above.
| Sincerely, | |
|---|---|
| MDJM LTD | |
| By: | /s/ Siping Xu |
| Name: | Siping Xu |
| Title: | Chief Executive Officer |
| AGREED AND ACCEPTED: | |
| --- | --- |
| By: | /s/ Duncan Murray Campbell |
| Name: | Duncan Murray Campbell |
Schedule A
The Director is offered to serve on the following Board committee(s):
| Committee | Title |
|---|---|
| N/A | N/A |
The Director may be appointed to one or more committees of the Board in the future, subject to Board approval and applicable law.
Duties:
- Guidance on Cultural Strategic Direction
From academic and cultural perspectives, provide strategic recommendations regarding the overall cultural positioning of the Fernie Castle Project, the construction of an Oriental Garden framework and cross-cultural narrative development for the Company, ensuring consistent, in-depth and internationally-oriented cultural representation across the project.
- Professional Review at Key Project Milestones
Reviewing and commenting on relevant proposals, documents and supporting materials prepared by the Company as required when the project advances to critical phases, including planning application, detailed design refinement and finalisation of cultural narratives.
- On-site Visits and Cultural Assessment
Attend a limited number of site visits or phase-based meetings upon invitation at key development stages of the project, and propose observational recommendations on spatial layout, narrative setups and cultural presentation from a cultural research standpoint; provided that the Company will coordinate schedules in advance and no mandatory regular on-site attendance is required.
Participate, where appropriate and subject to your availability, in selected cultural events or share expert insights on appropriate occasions to support the Company’s cultural understanding.
Support for Cultural Education & Academic Collaboration
Drawing on expertise in classical literature, landscape garden culture and material culture studies, offer directional advice on the project’s prospective cultural education framework, publication roadmap and prospective academic partnerships, facilitating the Company’s long-term advancement in cultural content development.
For the avoidance of doubt, the Director’s role in connection with the Fernie Castle Project shall be limited to providing high-level, non-executive and non-binding cultural and academic input. All final decisions regarding the project, including management, implementation, public communications and business matters, shall remain with the Company’s management and/or the Board, as applicable.
Schedule B
Compensation
The Company shall issue 80,000 Class A ordinary shares of the Company (“Shares”) as a two-year compensation package. The Shares shall vest immediately upon issuance, subject to the terms and conditions of this Agreement, the Company’s applicable equity incentive plan, the applicable award agreement, and applicable law. The Shares are restricted securities and subject to a six-month lock-up period.
The director acknowledges that, following expiration of the lock-up period, any resale of the Shares must be made pursuant to an effective registration statement or an available exemption from registration under the Securities Act, including Rule 144 if available.
Exhibit 99.1
MDJM Ltd. Appoints Sinologist Professor Duncan Murray Campbell asDirector
Appointment Expected to Strengthen the Company’s ProfessionalCapabilities in Oriental Gardens, Cross-Cultural Narrative, Cultural Strategy and International Governance
LETHAM, Scotland, June 29, 2026 - MDJM Ltd. (OTCQB: UOKAF) (the “Company”) today announced the appointment of Professor Duncan Murray Campbell, a sinologist and scholar of Chinese cultural studies, as a director of the Company for a term of two years.
The Company believes that Professor Campbell’s appointment represents an important step in further strengthening its international cultural governance system. As the Company continues to advance its three core pillars — original animation IP development, the digital animation museum, and the Fernie Castle Animation Museum and Oriental Garden cultural environment — the Company seeks to introduce, at the Board level, professional expertise with deep cultural knowledge, cross-cultural understanding and a strong background in Eastern aesthetics.
Professor Campbell has long been engaged in the study of Chinese literature, Chinese garden culture, literati traditions, material culture and East-West cultural exchange. He has taught Chinese language, Chinese literature, Chinese history and civilization at a number of international universities, and has also been involved in East Asian garden research and Chinese garden-related work at The Huntington Library in the United States. His academic research has long focused on Chinese private gardens, garden literature and visual representation, Jiangnan literati culture in the late Ming and early Qing periods, book collecting, private libraries and the expression of traditional culture in an international context.
The Company believes that Professor Campbell’s long-standing academic work in classical Chinese literature, garden culture and cross-cultural studies will provide important support to the Company in cultural direction, garden philosophy, project narrative and international communication.
According to the relevant director appointment documents, Professor Campbell will provide high-level cultural and academic support to the Company across five core areas:
First, from academic and cultural perspectives, providing strategic recommendations regarding the overall cultural positioning of the Fernie Castle project, the construction of the Oriental Garden framework and the Company’s cross-cultural narrative development;
Second, reviewing and commenting on relevant proposals, documents and supporting materials prepared by the Company when the project advances to key stages, including planning applications, detailed design refinement and the finalization of cultural narratives;
Third, upon invitation by the Company at key development stages, participating in a limited number of site visits or phase-based meetings and providing observational recommendations on spatial layout, narrative settings and cultural presentation from a cultural research perspective;
Fourth, where appropriate and subject to his availability, participating in selected cultural events or sharing expert insights to support the Company’s understanding of relevant cultural content;
Fifth, drawing on his expertise in classical literature, garden culture and material culture studies, offering directional advice on the Company’s future cultural education framework, publication roadmap and potential academic collaborations.
The Company stated that the Fernie Castle project is not a single tourism development project, but an important physical cultural infrastructure within the Company’s long-term cultural strategy. The project is expected to develop around the historic castle, Oriental Garden, animation museum, immersive cultural experience and international animation art exhibition system.
In this process, the Oriental Garden should not be understood merely as landscape design, but as a cultural expression system concerning nature, time, space, memory and spiritual order. Professor Campbell’s academic background is expected to help the Company avoid superficial or decorative cultural expression and support a more balanced relationship among cultural depth, spatial narrative and international comprehensibility.
The Company believes that cultural projects with future international influence require not only architectural design, capital investment and operational capability, but also stable cultural judgment, academic rigor and cross-cultural expression. Professor Campbell’s appointment is expected to further enhance the Company’s overall ability, at both Board and strategic levels, to guide Eastern culture, garden spirit, cultural heritage and cross-civilizational exchange.
As the Company continues to advance its three core pillars — original animation IP development, the digital animation museum, and the Fernie Castle Animation Museum and Oriental Garden cultural environment — it is gradually building a long-term cultural industry structure that integrates content creation, digital cultural platforms and offline immersive cultural infrastructure. Professor Campbell’s appointment is expected to help the Company establish deeper and more sustainable strategic connections among oriental gardens, cultural content, cross-cultural narrative, international curation, educational publishing and academic collaboration.
Building upon the above cultural asset structure, the Company also intends to promote more sustainable long-term value conversion for its cultural content and spatial assets through global IP commercialization, cultural consumption, exhibition operations and international distribution systems.
The Company also stated that Professor Campbell’s role in connection with the Fernie Castle project will be limited to high-level, non-executive and non-binding cultural and academic input. Final decisions regarding project management, implementation, public communications and business matters will remain with the Company’s management and/or the Board, as applicable.
The Company believes that Professor Campbell’s proposed appointment will further strengthen the Company’s professional capabilities in East-West cultural integration, oriental garden philosophy, international cultural governance and long-term cultural platform development, and will provide a stronger academic and strategic foundation for the Company’s development of a global cultural project system with long-term value.
About Professor Duncan Murray Campbell
Professor Duncan Murray Campbell is a sinologist and scholar of Chinese cultural studies. His research has long focused on Chinese literature, classical gardens, literati traditions, material culture, book collecting and East-West cultural exchange. He has taught and researched Chinese language, Chinese literature, Chinese history and civilization at a number of international universities, and has also been involved in East Asian garden research and Chinese garden-related work at The Huntington Library in the United States. His scholarship provides an important perspective for understanding the contemporary expression of traditional Chinese culture in an international context.
About MDJM Ltd.
MDJM Ltd. is a global company focused on creating long-term value through cultural industries, international collaboration, industrial integration and strategic resource allocation. MD Local Global Ltd. is the cultural business platform of MDJM Ltd., focused on original animation IP development, the digital animation museum, and the Fernie Castle Animation Museum and Oriental Garden cultural environment. The platform seeks to integrate Eastern philosophical storytelling, international animation art, immersive cultural experiences and long-term cultural operations to promote the coordinated development of global cultural value and commercial ecosystems.
Forward-Looking Statements
This announcement contains forward-looking statements. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission.
Investor Contact:
MDJM Ltd.
Ray Cai
Phone: + 44-01337 829 349
Email: [email protected]
Exhibit 99.2
MDJM Ltd. Appoints Goya Award-Winning Animation Producer Chelo Loureiroas Chief Knowledge Officer
Appointment Expected to Strengthen the Company’s StrategicCapabilities in Original Animation IP, Digital Animation Ecosystems and Global Cultural Commercialization
LETHAM, Scotland, June 29, 2026 - MDJM Ltd. (OTCQB: UOKAF) (the “Company”) today announced that it has appointed María Consuelo Loureiro Vilarelle, professionally known as Chelo Loureiro, an internationally recognized animation producer and Abano Producións founder, as Chief Knowledge Officer (“CKO”) of the Company for an initial term of two years pursuant to an employment agreement entered into with the Company.
The Company believes that Ms. Loureiro’s appointment represents an important step in building its international animation and cultural strategy. She will provide high-level professional guidance and strategic judgment to the Company in areas including original animation IP development, international animation cooperation, digital animation ecosystems, immersive cultural exhibitions, and IP commercialization pathways.
Ms. Loureiro is an influential producer in the European animation industry, with extensive experience in animated films, auteur animation, international co-productions, and the circulation of artistic animation. Abano Producións, the company she founded, is a representative animation production company in Spain. The animated feature film Decorado, produced with her participation, won the 2026 Spanish Goya Award for Best Animated Feature Film. The Company believes that her long-standing industry practice and international perspective in the European animation sector will provide important support for the Company’s future animation and cultural business.
Under the employment agreement, Ms. Loureiro will provide professional support to the Company across six core areas:
First, providing high-level guidance on the Company’s long-term development of animation as a cultural medium and narrative language;
Second, assisting the Company in exploring the philosophical connotations, artistic heritage, and long-term cultural value of original IP projects;
Third, providing forward-looking advice on digital animation ecosystems and future forms of immersive cultural exhibitions;
Fourth, providing professional judgment for the Company’s international animation cooperation projects and supporting cross-border creative and industrial collaboration;
Fifth, assisting the Company in establishing mechanisms that support creative voices and the continuous production of high-quality narrative content;
Sixth, providing strategic guidance on animation IP commercialization models, diversified development pathways, external resource coordination, and business collaboration.
The Company stated that animation should not be understood solely as entertainment content, but as a comprehensive artistic language capable of carrying philosophical ideas, cultural memory, visual storytelling, and international communication. This philosophy is highly aligned with the Company’s current advancement of original animation IP, the Fernie Castle Animation Museum, the digital animation museum, and its global IP commercialization system.
As the Company continues to advance its collaborations with European creative teams including Abano Producións and H5, it is gradually building a long-term cultural industry structure centered on “original animation IP, immersive cultural infrastructure, and global IP commercialization and distribution systems.” Ms. Loureiro’s appointment will help the Company more systematically connect key areas including content development, international production, festival circulation, cultural exhibition, and IP commercialization.
The Company believes that Ms. Loureiro’s appointment will further enhance MDJM’s professional capabilities in international animation culture, original IP development, digital exhibition systems, and cultural commercialization, and will lay a stronger foundation for the Company’s development of a global animation and cultural platform with long-term value.
About Chelo Loureiro
Chelo Loureiro is a renowned Spanish animation producer, director, and founder of Abano Producións. She has long focused on animated film production, international co-productions, and the development of auteur animation. Animated works produced with her participation have received major industry recognition, including the Spanish Goya Award, and have achieved broad influence within European and international animation festival networks.
About MDJM Ltd.
MDJM Ltd. is a global company focused on creating long-term value through cultural industries, international collaboration, industrial integration, and strategic resource allocation. MD Local Global Ltd. is the cultural business platform of MDJM Ltd., focused on original animation IP development, the digital animation museum, and the Fernie Castle Animation Museum and Oriental Garden cultural environment. The platform seeks to integrate Eastern philosophical storytelling, international animation art, immersive cultural experiences and long-term cultural operations to promote the coordinated development of global cultural value and commercial ecosystems.
Forward-Looking Statements
This announcement contains forward-looking statements. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission.
Investor Contact:
MDJM Ltd.
Ray Cai
Phone: + 44-01337 829 349
Email: [email protected]