Velo3D grants CEO performance-based option for 964,474 shares; enters CIC agreements with top executives

Velo3D, Inc.

Option vests upon market cap milestones: 10% at $1B, 20% at $3B, 30% at $5B, 40% at $10B within 5 years.
Exercise price $18.40, grant date June 29, 2026.
CIC agreements with CEO, CFO, and CRO provide severance: lump sum of base salary + target bonus + pro-rata bonus, plus equity vesting and 12 months medical.
Severance conditioned on release and subject to golden parachute reduction under Sections 280G/4999.

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