Remitly EVP Rene Yoakum to retire Dec 31, enters consulting agreement through 2026

Remitly Global, Inc.

Rene Yoakum, EVP Customer and Culture, retires Dec 31, 2024; consulting agreement runs Jan 1, 2025 to Dec 31, 2026.
During consulting term, Yoakum continues vesting of 31,250 stock options and 262,991 RSUs outstanding.
Upon Yoakum's death, all unvested equity awards accelerate and vest in full.
Company pays 18 months COBRA coverage and $4,000/month health insurance premiums thereafter.
Consulting agreement includes release of claims and confidentiality provisions.

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