Zedge sets President Jonathan Reich’s annual base salary at $390,000 under three-year agreement

• Zedge entered a three-year employment agreement with President and Chief Operating Officer Jonathan Reich, effective October 1, 2026, through September 30, 2029.
• Annual base salary is $390,000, effective August 1, 2026, with $15,000 increases each July 31 during the term.
• Reich will receive an annual performance bonus of at least $124,313 beginning in fiscal 2026.
• Award covers restricted stock and deferred stock units totaling 100,000 Class B common shares, fully vesting October 1, 2029, subject to acceleration.
• Separation pay includes up to two years’ base salary and a prorated minimum annual bonus, depending on termination circumstances.

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. Zedge Inc. 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: 0001213900-26-110602), on October 19, 2026, and is solely responsible for the information contained therein.