Abpro enters consulting agreement with CEO Miles Suk's entity; $300K annual fee, 500K RSUs

Abpro Holdings, Inc.

BioCelsus International (wholly owned by Miles Suk) hired as consultant for CEO services; annual base fee $300,000 payable bi-weekly.
One-time grant of 500,000 restricted stock units (RSUs) under standard vesting schedule.
If involuntarily terminated within 12 months of a change of control, consultant receives lump sum equal to 3x fair market value of all equity held.
Consulting term effective July 20, 2025, with services deemed to have started March 3, 2025 (CEO appointment date).
Agreement can be terminated by either party with 60 days' notice; change-of-control definition includes reverse mergers, SPAC transactions.

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