• Exyn Technologies revised CEO Brandon Torres Declet’s employment terms on May 18, 2026, adding a deal completion bonus tied to the first closing of an IPO or direct listing registration statement becoming effective, or a Change in Control.
• The bonus becomes payable only if he remains employed through the transaction closing.
• Payout is the greater of USD 225,000 or a share of net proceeds when net proceeds are at least USD 30 million.
• The share equals 1% of net proceeds if pre-money valuation is at least USD 50 million but below USD 100 million, rising to 1.5% if pre-money valuation is at least USD 100 million.
• If triggered, the company will pay 100% of the bonus within 15 days of closing.

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. Exyn Technologies 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: 0001104659-26-064568), on May 20, 2026, and is solely responsible for the information contained therein.