Celsius Holdings enters new employment agreement with CFO Jarrod Langhans

Celsius Holdings, Inc.

CFO Jarrod Langhans new employment agreement effective Jan 1, 2024; base salary $500,000/year.
Annual cash bonus target is 50% of base salary, based on performance criteria set by Compensation Committee.
Initial term of three years with automatic one-year extensions, subject to 90-day non-renewal notice.
Severance for termination without cause or for good reason: 12 months of base salary plus target bonus paid over 12 months.
Change-in-control severance: 1.5x base salary plus target bonus, full equity vesting, COBRA reimbursement.

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