Limoneira enters Transaction Incentive Agreements with CEO Edwards and incoming CFO Hamm

Limoneira CO

Edwards eligible for 5% of profits from asset sales/development, capped at $2M/yr, $5M total.
Hamm eligible for 3% of profits, capped at $1.2M/yr, $3M total.
Bonuses paid 50% cash, 50% restricted shares vesting 1 year from payment date.
Hamm's agreement contingent on his appointment as CFO by Feb 8, 2026; otherwise void.
Agreements run through Oct 31, 2031 to incentivize asset-light transition.

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