Lucid extends CFO Boussaid's housing subsidy, raises stipend to $200K, adds $275K repatriation benefits

Lucid Group, Inc.

Housing subsidy extended from 6 to 12 months; annual French retirement stipend increased from $100K to $200K.
Repatriation benefits up to $275K (housing, moving, airfare, tax advice) if CFO terminated without cause.
Amendment effective Jan 20, 2026; documented in Offer Letter Amendment filed as Exhibit 10.1.
CFO Taoufiq Boussaid also eligible for up to 24 months of tax and immigration support after termination.

item 5.02 item 9.01

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accession: 0001628280-26-003278
form_type: 8-K
ticker: LCID
cik: 0001811210
company_name: Lucid Group, Inc.
filed_at: 2026-01-23T23:59:59+00:00
discovered_at: 2026-05-14T18:02:36.264674+00:00
generated_at: 2026-05-16T08:29:05.040543+00:00
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