ProCap CIO Jeff Park resigns effective April 3; no successor named

ProCap Financial, Inc.

Jeff Park voluntarily resigned as Chief Investment Officer effective April 3, 2026; no successor appointed.
Separation includes base salary through May 8, 2026; RSUs continue vesting through August 4, 2026 then forfeited.
Company waived non-compete covenant; confidentiality, non-solicitation, and non-disparagement obligations remain.
Health insurance coverage extended for up to six months post-separation; lock-up release instruction to transfer agent.
Park will cooperate for 24 months; D&O insurance maintained for six years post-separation.

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