Avalanche Treasury grants CEO stock options for 2.7 million shares at $0.54 exercise price

• Avalanche Treasury granted stock options under its 2026 Omnibus Incentive Plan to CEO Gerald Bartholomew Smith for 2,700,000 shares.
• COO Laine Mihalchick Moljo received options for 1,100,000 shares; both awards carry a $0.54 exercise price.
• Both executives waived performance-vesting restricted stock units tied to their employment offer letters upon accepting the options.
• Options vest in equal installments on Jan. 12, 2027, 2028, 2029, subject to continued employment.
• Unvested options accelerate on certain post-change-in-control terminations; awards expire 10 years from the grant date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avalanche Treasury Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-084252), on July 16, 2026, and is solely responsible for the information contained therein.