AST SpaceMobile adopts change-of-control severance policy covering CEO and senior executives

AST SpaceMobile, Inc.

Compensation Committee adopted Senior Management Change of Control Severance Policy on September 25, 2026; CEO gets 2.0x salary plus target bonus, other eligible employees 1.5x.
Qualifying Terminations must occur within 1 year after a Change of Control or up to 180 days before; benefits continuation is 24 months for CEO and 18 months for others.
Post-policy performance equity converts to time-based at target upon a Change of Control; share-price vesting awards are forfeited if transaction price is below the threshold.
Policy includes Section 280G excise-tax reduction and Section 409A specified-employee payment delay; release must become effective within 60 days after Qualifying Termination.

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