Aethlon Medical amends exec severance to lump-sum on change in control for CEO/CFO and CMO

AETHLON MEDICAL INC

On Sept 11, 2026, Aethlon amended employment agreements of CEO/CFO James B. Frakes and CMO Steven P. LaRosa.
Change-in-control severance payments will now be paid as a single lump sum instead of installments.
Health care continuation payments also become lump-sum, fixed once payable, not reduced by new coverage.
Amendment does not alter amount, calculation, or eligibility for severance benefits.
Frakes serves as CEO/CFO; LaRosa as CMO; no changes to their base pay or other terms.

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