Snap appoints Douglas Hott as CFO with $1M salary and $14.9M equity grant

Snap Inc

Douglas Hott appointed CFO effective May 9, 2026; annual salary $1,000,000.
Promotion RSUs valued at least $14,900,000 vest quarterly over 33 months (24% in first 9 months, then 38% each in next 12-month periods).
Eligible for annual equity awards with target grant value of $6,000,000, vesting after full vesting of Promotion RSUs.
Offer letter filed as Exhibit 10.1 detailing terms and at-will employment.

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