Precipio grants senior mgmt performance options vesting at $30.30/share (5x exercise price of $6.06)

Precipio, Inc.

Options granted Jan 14, 2025; vest only when 10-day VWAP exceeds $30.30 per share.
Exercise price is $6.06, the closing price on January 14, 2025.
No time-based vesting; options expire unvested if price target not met.
All six senior management members elected performance-based structure over time-based vesting.
Compensation Committee approved under existing shareholder-approved ESOP plan.

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