enCore Energy finalizes CEO Robert Willette's separation with $1.8M cash and 300K stock options

enCore Energy Corp.

CEO Robert Willette terminated without cause effective April 20, 2026; separation agreement signed July 8, 2026.
Willette receives $1,800,000 cash payment and 300,000 fully vested nonqualified stock options with 5-year term.
Exercise price of Consulting Options set at closing price on grant date (July 16, 2026) on Nasdaq.
All unvested stock options and RSUs forfeited; vested options expire 90 days after separation.
Willette agrees to non-disparagement, confidentiality, and cooperation in ongoing litigation (e.g., Sun Zhongjian v. enCore).

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