CoreCard Board cancels retention program contingent on merger closing with Euronet

CoreCard Corp

Board cancelled cash retention program for employees with >5 years tenure (as of July 31, 2024), including CEO and CFO.
Cancellation effective upon closing of merger with Euronet (market cap >$1B); merger not yet closed.
Program approved May 7, 2025; originally provided cash equal to 2024 salary excess over vested restricted stock value at Dec 31, 2028.
Merger agreement signed July 30, 2025; closing subject to shareholder approvals and other conditions.
No guarantee Program cancellation takes effect if merger does not close.

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