Hannover House Inc (HHSE)

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$HHSE NEWS: MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024

Link to Minutes --> MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024

HANNOVER HOUSE, INC.



1722 N. College Ave. C303, Fayetteville, AR 72703

MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024



A special meeting of the Board of Directors of Hannover House, Inc. was held on

Tuesday, June 11, 2024 telephonically at 1:30-pm CST. The purpose of this meeting was

to approve certain distribution and financing commitments on behalf of new, feature

film productions being developed by Company and others, as were initiated at the

Cannes, 2024 Film Festival and Marche du Filme. The following items describe the

issues addressed, and where indicated, the actions taken by the Board.


1). TWO MAJOR PRODUCTIONS WITH FORMA FILMZ / HUNGARIAN PARTNERS –

Regarding the film incentives, equity funding and studio co-production opportunities in

Hungary, the Board reviewed the terms of the ventures covering two major feature

productions, each with top commercial stars. Subject to Company’s final approval of the

casting, key personnel, production plans and budgets, the Board approved the issuance

of “soft” distribution guarantees from the Company (e.g., non-recourse commitments”

covering distribution of the films in North America, and / or the sublicensing of said

films to a major studio partner.)



2). ONE MAJOR PRODUCTION WITH TEMPUS PRODUCTIONS – Regarding the epic

action-adventure feature, “TEMPUS PORTA” – featuring three major stars – the Board

reviewed the terms of the production financing arrangements and the benefits to

Hannover House. ventures covering this Malta-based feature production. Subject to

Company’s final approval of the principal casting, key personnel, production plan and

budget, the Board approved the issuance of a “soft” distribution guarantee from the

Company (e.g., a non-recourse commitment” covering distribution of the film in North

America, and / or the sublicensing of said films to a major studio partner).



3). “INDIGENOUS” AND “FADE-‘EM’UP” PRODUCTIONS – Regarding these two USA

based, lower budgeted feature productions, the Board reviewed the production plans

and required financing shortfalls required. The Board agreed to include both

productions into the “use of proceeds” submission for a newly structured, five-million

dollar (USD $5,000,000) off-balance-sheet production equity funding arrangement with

a New York-based private equity fund. As the detailed terms of this new funding venture

are still under negotiation, the Board authorized communications with the production

entities of these two films, with the expression of the Company’s “interest” and “effort” - subject to the closing of the production equity funding venture.

There being no further issues addressed at this meeting, the Board adjourned at 2:25

pm.



SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has

duly caused this report on the Minutes of the Board of Directors Meeting of Hannover

House, Inc. to be signed on its behalf by the undersigned hereunto duly authorized.



HANNOVER HOUSE, INC.

(Registrant)

Date: June 12, 2024

/s/ Eric F. Parkinson

By: ERIC F. PARKINSON

Chairman, C.E.O., President & Secretary