374Water CEO Christian Gannon steps down; director Stephen Jones named Interim CEO

374Water Inc.

Christian Gannon stepped down as President and CEO effective Oct 8, 2025; separation details to be filed via 8-K/A.
Peter Mandel stepped down as General Counsel effective Oct 8, 2025; separation details pending.
Board appointed director Stephen J. Jones as Interim President and CEO; he also leads search for permanent CEO.
Jones gets $1 salary and 4.5M options at $0.37, vesting over 270 days with full acceleration on CEO hire or change of control.
Company granted 2.5M options to other execs (CFO, COO) at $0.60, vesting over 1-2 years.

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