Veea terminates CFO Randal Stephenson, appoints Greg Deisher as acting CFO; obtains $600K loans from affiliate

VEEA INC.

CFO Randal Stephenson terminated without cause effective July 31, 2026; severance agreement being negotiated.
Greg Deisher, current COO and EVP, appointed Acting CFO effective July 31, 2026; will continue as COO.
NLabs Inc., an affiliate of CEO, made unsecured loans of $500K (July 30) and $100K (July 31) at 10% interest, due on demand or Dec 31, 2026.
Proceeds from notes used for working capital; notes may be prepaid without penalty.
Deisher has over 20 years financial/operational experience, previously CFO of Wallarm and Vapor IO, CPA.

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