Terra Innovatum Global NV has approved new directorship agreements for executive directors Alessandro Petruzzi, Massimo Morichi, and Cesare Frepoli. Under the new terms, Mr. Petruzzi will receive fixed annual compensation of EUR 500,000 for 2025 and EUR 558,000 for 2026 in his role as chief executive officer. Mr. Morichi, serving as Chief Strategy Officer, will earn EUR 400,000 in 2025 and EUR 450,000 in 2026. Mr. Frepoli, as Chief Operating Officer, will receive EUR 450,000 in 2025 and EUR 500,000 in 2026. Each executive is also eligible for a performance-based bonus outlined in a separate agreement. In the event of termination in connection with a change in control, executives will be entitled to a lump sum payment equal to 18 months of fixed compensation plus target bonus, pro-rated accrued bonus, continued healthcare coverage for 18 months, and certain outplacement benefits. The agreements are for one-year terms, with annual renewals possible.

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