BitMine signs executive employment agreements with CEO, CFO, President; total comp $3M, $1M, $0.4M respectively

BITMINE IMMERSION TECHNOLOGIES, INC.

CEO Jonathan Bates: $3,037,000 annual total comp ($750k base, $375k min bonus, $787.5k performance, $1.125M RSUs).
CFO Raymond Mow: $1,023,750 annual total comp ($350k base, $105k min bonus, $113.75k performance, $455k RSUs).
President Erik Nelson: $406,250 annual total comp ($240k base, $52.5k min bonus, $113.75k RSUs, no performance bonus).
Severance: For cause/voluntary – one year cash comp; without cause/good reason – two years cash comp ($3.04M for CEO).
Agreements effective September 1, 2025; indefinite term subject to termination provisions.

item 5.02item 9.01

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