MSGM · Motorsport Games Inc.

Motorsport Games Inc. formalized leadership changes by entering employment agreements with Stephen Hood as CEO through its UK subsidiary and Stanley Beckley as CFO, both effective March 27, 2026. Hood's GBP 378,000 base salary reflects his role reporting directly to the Board, with a 50% target bonus tied to Board-set performance metrics and potential equity under the 2021 Plan. Termination terms favor the company with an 18-month notice or payment in lieu, alongside 12-month post-employment restrictive covenants. Beckley's $300,000 base includes a 25% target bonus, 6 months severance without cause or for good reason, and enhanced vesting on change in control within 12 months, with tailored non-compete (18 months) and non-solicit (9 months) periods. These appointments signal a strategic refresh in executive ranks, with competitive compensation structures aligning incentives to performance while protecting company interests through robust covenants and termination provisions.