Mithaq grants 500k restricted shares to Children's Place interim CEO with market-cap vesting

Childrens Place, Inc.

Mithaq Capital SPC transfers 500,000 PLCE shares to President/Interim CEO Muhammad Asif Seemab on Aug 11, 2026.
Vesting in three tranches (166,667/166,667/166,666) at market caps of $265M, $400M, $600M based on 45-day VWAP.
Unvested shares forfeited after 5 years or upon termination of employment; dividends on unvested shares held in escrow.
Company not a party; transaction approved as related person transaction (Seemab is Mithaq director).
Shares are restricted/control securities; no registration obligation by company.

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