XMAX renews COO Yizhou (Steven) Zhao's employment for one year at $159,000 salary

XMax Inc.

XMAX Inc. renewed its employment agreement with COO Yizhou (Steven) Zhao effective October 7, 2026 for a one-year term, renewable by mutual agreement.
Zhao will receive an annual salary of $159,000, payable monthly, plus eligibility for an annual cash bonus at the Board's sole discretion.
Zhao also serves as Corporate Secretary and a Data Analysis Statistician at Diamond Bar Outdoors, a wholly owned XMAX subsidiary.
Agreement provides 12 days paid vacation, no severance on any termination, and a 6-month post-employment non-compete plus non-solicitation covenants.
Employment deal signed by CEO Xiaohua Lu; the 8-K was signed October 13, 2026 and filed under Items 5.02(e) and 9.01(d).

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