VisionWave lifts COO Eric Shuss's base salary to $240K, waives $3M revenue condition

VisionWave Holdings, Inc.

Annual base salary raised to $240,000 from $120,000, effective September 1, 2026; Compensation Committee approved the Amendment on October 2, 2026.
The $3,000,000-in-any-90-day-period revenue condition triggering the raise has not been satisfied and is of no further force or effect.
One-time catch-up payment owed for the Sept 1-Oct 2 differential (prior $120,000 rate vs. $240,000 rate), payable by December 31, 2026.
Severance unchanged at the greater of $500,000 or two times then-current base salary; annual performance bonus and prior stock option grant are not modified.
Shuss has been COO and a Board member since March 13, 2026, under an employment agreement dated the same date.

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