Intellinetics CEO James DeSocio to retire effective Feb 27, 2026; succession plan underway

INTELLINETICS, INC.

CEO James DeSocio resigns as President, CEO, and Director effective Feb 27, 2026; Board reduced to 5 from 6.
Separation agreement includes six months' salary severance, acceleration of unvested restricted stock, and option exercise extension to Dec 31, 2026.
Company has a comprehensive succession plan with discussions for a new CEO; no specific replacement named.
Mr. DeSocio's resignation is not due to any disagreement with the company.

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