Children’s Place controlling shareholder grants interim CEO Seemab 500,000 restricted shares tied to market-cap targets

• Mithaq Capital agreed on Aug. 11, 2026 to transfer 500,000 restricted shares to Vice Chairman Muhammad Asif Seemab.
• Shares vest in three equal tranches if market capitalization reaches $265 million, $400 million, $600 million on a 45-day VWAP basis.
• Vesting requires continued employment; unvested shares are forfeited to Mithaq on the fifth anniversary.
• The company is not a party to the agreement; Mithaq is the controlling shareholder.

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. The Children's Place 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: 0001104659-26-097257), on August 14, 2026, and is solely responsible for the information contained therein.