CMO and Director Tim Pickett resigns; receives $911K separation payment and equity acceleration

Nakamoto Inc.

Tim Pickett resigned as director, CMO, and CEO of Kindly LLC, effective August 3, 2026.
Resignation not due to any disagreement with the company on financial reporting, operations, or policies.
Separation payment of $911,468.58, plus acceleration of all unvested equity awards under 2022 and 2025 plans.
Company will provide D&O insurance for 6 years and medical professional liability coverage for 4 years.
Mutual releases and release from non-competition/non-solicitation covenants; confidentiality remains.

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