Direct Digital Holdings amends executive employment agreements for CEO, President, and CFO

Direct Digital Holdings, Inc.

Mark Walker (CEO), Keith Smith (President) and Diana Diaz (CFO) entered into amended employment agreements effective May 27, 2025.
Annual base salaries remain unchanged: $500,000 for Walker and Smith, $350,000 for Diaz.
Change-in-control severance lump sum increased from 1x to 2x target bonus, and non-compete extended to 18 months post-CIC.
Severance eligibility limited to events within two years following a change in control, not any time after.
Good reason definition revised to include base salary cuts over 20% (affecting only non-proportional reductions) and relocation over 50 miles.

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