Damon Inc. has announced a new executive employment services agreement for its CEO, Dominique Kwong, effective from July 16, 2025, to July 16, 2028. The agreement includes a gross monthly salary of CAD$39,947, along with a potential yearly cash bonus and short-term incentive payment of up to 100% of his annual salary, contingent on performance goals set by the Board. Additionally, Mr. Kwong will receive a time-based vesting incentive stock option and a restricted stock unit award, each allowing him to acquire up to 1,000,000 common shares of the company. The agreement also provides for a participation in any long-term incentive programs, full employee benefits, and four weeks of vacation per year. In recognition of the agreement, Mr. Kwong will receive a one-time signing bonus of CAD$126,110. Termination provisions include a severance package and benefits extension under certain conditions.