Innventure converts Executive Chairman Otworth and CSO Scott from contractors to employees

Innventure, Inc.

Michael Otworth becomes employee as Executive Chairman; prior SGV Consulting Agreement terminated.
Dr. John Scott becomes employee as Chief Strategy Officer; prior CDG Consulting Agreement terminated.
Each receives $450,000 annual base salary, 100% target bonus, and equity eligibility unchanged.
Both roles are at-will; compensation terms remain materially consistent with prior consulting arrangements.
Effective February 16, 2026; each must sign standard proprietary information and non-compete agreement.

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