374Water appoints Bradley Freels to board; director Penn resigns; Freels exploring financing

374Water Inc.

Bradley Freels appointed to Board and compensation committee effective Jan 5, 2026.
Buddie Joe Penn resigned same day; not due to any disagreement with the company.
Freels has been coordinating with management on potential financing; may invest personally.
Any successful financing would exceed $120,000 in aggregate; no guarantee of completion.
Appointment made per Dec 14, 2025 Letter Agreement with Yaacov Nagar.

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