NextTrip entered into a new employment agreement with Chief Financial Officer Frank Orzechowski, effective retroactive to Feb. 10, 2026. The agreement sets an annual base salary of USD 250,000 and provides a guaranteed cash bonus of USD 13,500 for calendar year 2026. It also includes an equity bonus grant of 10,000 common shares under the 2023 Equity Incentive Plan. From Sept. 1, 2025 through March 31, 2026, USD 50,000 of base salary will be paid in fully vested common shares based on the stock’s closing price on Feb. 10, 2026. The agreement provides for a six-month severance payment in the event of involuntary termination or resignation for good reason.

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