Carriage Services CIO Rob Franch resigns effective Aug 13, 2026; separation agreement signed

CARRIAGE SERVICES INC

Rob Franch resigned as CIO effective Aug 13, 2026; no disagreement with company or board on operations, policies, or controls.
Separation agreement provides $365,000 continued salary over 26 bi-weekly periods and pro-rata 2026 target bonus (50% target).
COBRA coverage for up to 18 months; consulting and transition assistance through Dec 31, 2026.
One-year non-compete within 50 miles of company deathcare businesses; unvested equity awards cancelled as of separation date.
Company has commenced search for successor to support long-term strategic growth objectives.

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