Knightscope Amends Executive Employment Agreements

Knightscope, Inc. entered into amended and restated employment agreements with CEO William Santana Li, CFO Apoorv S. Dwivedi, and CISO Mercedes Soria. The new agreements establish annual base salaries of $610,500 for Mr. Li and $440,000 each for Mr. Dwivedi and Ms. Soria, along with eligibility for an annual cash bonus targeting 100% of their base salary. Additionally, executives are eligible for significant performance-based cash awards tied to market capitalization and operational goals over a five-year period, totaling up to $65,000,000 for Mr. Li, $35,750,000 for Mr. Dwivedi, and $22,750,000 for Ms. Soria. The agreements also detail severance benefits, including enhanced provisions in the event of a Change in Control.