Chilean Cobalt shareholders approve 2025 equity plan, award 500K RSUs to director

Chilean Cobalt Corp.

Shareholders holding 52.60% of common stock approved 2025 Equity Incentive Plan on August 27, 2025.
Plan reserves 5.0 million shares of common stock ($0.0001 par value) for issuance of equity awards.
Director Ash Lazenby granted 500,000 restricted stock units vesting on July 24, 2027, per consulting agreement.
Awards include incentive/non-statutory stock options, stock appreciation rights, restricted stock, RSUs, performance and cash-based awards.
Plan effective upon shareholder approval; term is ten years from adoption.

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