CRWV: 10-Q financial filing

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 9, 2026, the compensation committee of our board of directors approved the amendment and restatement of our senior executive change in control and severance plan (the "Restated CIC and Severance Plan"), under which our Chief Executive Officer, Chief Financial Officer, and each of our other named executive officers (collectively, our "Named Executive Officers") participate. The Restated CIC and Severance Plan provides the same payments and benefits that were provided under our previous senior executive change in control and severance plan and adds payment of a pro-rated portion of the executive’s annual target bonus as follows, subject to the executive’s execution of a release and satisfaction of other conditions: (i) upon a termination by us of an executive without “cause” or by the executive due to “good reason” (each as defined in the Restated CIC and Severance Plan and, each, a “qualifying termination”), the executive will receive a lump sum payment equal to a pro-rated annual bonus for the year of termination, paid at target level (the "Pro-Rated Bonus"); or (ii) upon a qualifying termination that occurs within three months prior to, or 12 months following, a “change in control” (as defined in the Restated CIC and Severance Plan), the executive will receive the Pro-Rated Bonus. 111 Table of Content s The above description of the changes to the benefits and payments payable to our Named Executive Officers does not purport to be complete and is subject to, and qualified in its entirety by, reference to the full text of the Restated CIC and Severance Plan, which is filed as Exhibit 10.5 to this Quarterl