Everspin appoints Vikas Choudhary to board; $250K RSU grant

EVERSPIN TECHNOLOGIES INC.

Vikas Choudhary appointed director effective Aug 9, 2026; term through 2027 annual meeting.
Choudhary is SVP & GM of Connectivity and Storage at MaxLinear since Apr 2024.
Initial RSU award of $250,000, vesting 50% on each of first two anniversaries.
Annual cash retainer of $55,000 for board service; standard indemnification agreement.
No material interest in transactions per Item 404(a); no arrangement for selection.

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