Riot Platforms CFO transition; CEO/Chair base salary raised to $900K, Bitcoin pay eliminated

Riot Platforms, Inc.

CFO Colin Yee steps down March 1, 2026, becomes Senior Advisor; EVP Jason Chung succeeds as CFO.
CEO Les and Exec Chair Yi base salary raised from $600K to $900K; Bitcoin component removed; target AIP to 125%.
Chung's base salary increased to $550K; COO Howell to $500K.
LTIP Performance Award amended: TSR cap at 100% if absolute TSR negative; measurement uses 60-trading day average.
2026 AIP drops 'Bitcoin Yield' metric, adds 'Data center revenue' and 'Data Center NOI' (15% each) reflecting pivot.

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