Twenty One Capital amends CFO Meehan's option award; adds Bitcoin growth performance condition

Twenty One Capital, Inc.

New award covers 970,201 shares (up from 941,620) at $14.43/share exercise price.
Time-based award (796,951 shares) vests 25% on April 1, 2026, rest quarterly through April 1, 2029.
Performance-based award (173,250 shares) vests annually over 4 years subject to Bitcoin-per-share growth ≥15% and other conditions.
Unvested options cancel if terminated for cause; change of control triggers full vesting if not assumed.
The amendment supersedes the prior option award agreement dated December 8, 2025.

item 5.02item 9.01

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