Lucid CFO Boussaid to transition to Senior Advisor through Dec 31, 2026

Lucid Group, Inc.

Ex-CFO Taoufiq Boussaid signed Transition Agreement on Sept 4, 2026; will serve as Senior Advisor to Dec 31, 2026.
Monthly salary $10,000 plus employee benefits; equity vesting continues through Separation Date.
Eligible for prorated 2026 annual bonus of $156,390 and company vehicle, per severance plan terms.
Agreement includes customary releases, confidentiality, non-disparagement, and cooperation covenants.

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