Pinterest amends severance for Morgenfeld, Flores, Gavini; changes registered agent

PINTEREST, INC.

Amended severance provides up to 24 months base salary, reduced by 1 month per month employed (max 12-month reduction).
Severance triggered by termination without cause (change in control or not) or good reason within 90 days pre/1 year post change in control.
Executives Todd Morgenfeld, Christine Flores, Naveen Gavini affected; awards vest if terminated without cause not in change in control.
Company changed registered agent to Corporation Service Company and office to 251 Little Falls Drive, Wilmington, DE.
Amended Severance Agreement supersedes 2019 form; 'best net after-tax' provision applies for excise tax penalties.

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