MediciNova enters new employment agreements with CEO and CMO

MEDICINOVA INC

CEO Dr. Yuichi Iwaki: base salary $690,246, bonus target 55% of base.
CMO Dr. Kazuko Matsuda: base salary $540,143, bonus target 40% of base.
Non-CIC severance: 12 months salary plus 12 months COBRA for both executives.
CIC severance: CEO 24 months salary+bonus, CMO 18 months, both 100% equity vesting.
Agreements effective Aug 17, 2026, replace prior arrangements; include 1-yr non-solicitation.

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