Geron appoints Harout Semerjian as President and CEO, effective Aug 7, 2025

GERON CORP

Harout Semerjian named President and CEO; replaces Dawn C. Bir, who remains on the Board.
Base salary $800k, annual bonus target 70% of base; receives inducement option for 11M shares.
Stock option vests over 4 years; 7M shares vest 12.5% at 6 months, remainder monthly; 4M shares vest 25% at 1 year, remainder monthly.
Severance plan amended: CEO gets 150% of target bonus on change-of-control termination.
2018 Inducement Plan increased by 11M shares for future inducement grants.

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