NUAI · New Era Energy & Digital, Inc.

New Era Energy & Digital, Inc. has strengthened its executive leadership team with the appointment of Andrew Casazza as Chief Corporate Officer, effective April 28, 2026. Mr. Casazza, 58, brings relevant industry experience, having served as co-founder, CFO, and board member for Windy Cove Energy II since 2017 and Pure Earth Plasma Holdings since 2021. His background suggests a focus on financial and operational leadership within the energy sector, aligning with the Company's strategic direction.

The compensation package structured for Mr. Casazza is comprehensive, featuring a $415,000 base salary and a 40% target bonus opportunity. The equity component is particularly notable, consisting of 400,000 Restricted Stock Units (RSUs) granted as an inducement award outside of the Company's Equity Incentive Plan, pursuant to Nasdaq Listing Rule 5635(c)(4). This grant vests monthly over a four-year period, providing strong retention incentives. The employment agreement also includes robust change-in-control protections, with severance benefits stepping up from 1.0x to 1.5x salary, which aligns executive interests with shareholder value in a potential sale scenario.

Concurrently, the Company disclosed a significant operational update regarding its flagship project, Texas Critical Data Centers LLC. Management indicated the project has the potential to support up to approximately 1.4 GW of gross power production. This scale suggests a major infrastructure initiative capable of supporting substantial data center operations, positioning the company in the high-demand critical power and digital infrastructure sector.