Lemonade sets incoming CFO Nick Stead's annual base salary at $412,500

• Lemonade amended its disclosure on compensation for Nick Stead’s appointment as CFO effective January 1, 2027, succeeding Tim Bixby.
• Stead will receive a $412,500 annual base salary, with 80,000 restricted stock units vesting quarterly over four years beginning March 1, 2027.
• Bixby will transition to a Class III director role without severance; his outstanding equity awards will continue vesting during board service.
• His director compensation includes a $50,000 annual cash retainer, with annual restricted stock unit awards worth $185,000 starting at the 2027 shareholder meeting.
• Those annual awards vest after one year, subject to continued board service; Bixby will receive no initial equity award.

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. Lemonade 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: 0001691421-26-000061), on October 15, 2026, and is solely responsible for the information contained therein.