Evolv Technologies adopts executive bonus plan, amends CFO severance, rebalances board

Evolv Technologies Holdings, Inc.

Compensation Committee adopted Executive Officer Performance Bonus Plan under 2021 Incentive Award Plan; bonuses based on corporate/individual performance goals.
CFO Mark Donohue's change-in-control severance period amended to begin 60 days before closing and end two years after.
Board rebalanced: Kimberly Sheehy moved from Class III (term expiring 2024) to Class I (term expiring 2025) to equalize class sizes.
Board now consists of three Class I, four Class II, and three Class III directors.

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