• Urban One signed a new employment agreement with CFO Peter D. Thompson, extending his term through Jan. 6, 2029.
• Annual base salary set at $750,000; annual performance bonus targets $300,000 with a maximum payout of 132%.
• Signing bonus set at $333,333, subject to a pro-rata clawback if he leaves before the contract term ends.
• Eligibility for an $850,000 completion bonus at term-end, contingent on remediation of material weaknesses cited for the year ended Dec. 31, 2025.
• Equity awards include Class D stock grants valued at $704,250 for each of the contract years ending Jan. 6, 2026 and Jan. 6, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urban One Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001041657-26-000040), on June 16, 2026, and is solely responsible for the information contained therein.