Quoin finalizes CFO exit: $433K lieu of notice, $108K bonus, extended options

Quoin Pharmaceuticals, Ltd.

Separation agreement signed August 21; effective August 15, 2025.
Dunn receives $433,620 in bi-weekly installments in lieu of 12 months' notice.
Additional $108,405 bonus for FY2024 paid in lump sum after 12 months.
Vested stock options post-termination exercise period extended to 1 year 9 months from 90 days.
Agreement includes mutual release of claims; no admission of liability.

item 5.02item 9.01

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