Micromobility.com CEO and CFO salaries cut to $1 per year effective April 1, 2024

micromobility.com Inc.

Compensation committee approved amended employment agreements for CEO Salvatore Palella and CFO Gian Luca Spriano on March 29, 2024.
Annual salary for both executives reduced to $1.00 per annum, effective April 1, 2024.
All other terms of previous employment agreements for Palella and Spriano remain unchanged.
Board of directors also approved the amendments on March 29, 2024.

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