Creative Realities adjusts exec compensation; new options, cash bonus plan with EBITDA targets up to $7.6M

CREATIVE REALITIES, INC.

Board eliminates 2022 revenue target of $38M for performance options; new EBITDA target for vesting set at $3.6M.
CEO Mills and CFO Logan receive new 10-year options to purchase 1,000,000 and 600,000 shares at $1.00 per share.
New options vest in tranches based on VWAP targets from $2.00 to $6.00; also guaranteed price of $6.40 or $7.20.
Cash bonus plan for 2022: bonuses up to 150% of base salary based on EBITDA targets from $3.6M to $7.6M.
These changes supersede the prior 2020 incentive program based on $38M revenue and $3.5M EBITDA targets.

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