Co-Founder & Former COO Andrew Leece Transitions to Head of Strategic Partnerships

SharonAI Holdings Inc. has entered into a new agreement with co-founder and former Chief Operating Officer (COO), Andrew Leece, formalizing his transition to the role of Head of Strategic Partnerships, effective September 7, 2026. This follows the previously announced appointment of David Burns as the new COO. The agreement modifies Mr. Leece's employment terms, compensation, and equity awards.

Key Details

• Role Change: Andrew Leece's position has officially changed from Chief Operating Officer to Head of Strategic Partnerships.
• Compensation: Mr. Leece will continue to receive an annual base salary of AUD$563,380 (approx. US$400,000) and will receive a one-time fixed incentive payment of AUD$422,535 for his prior service as COO, payable after December 31, 2026.
• Equity Awards: He will retain 151,219 unvested Restricted Stock Units (RSUs), with all other previously granted RSUs being forfeited. He is also eligible for a new variable incentive of up to 6,416 RSUs based on performance.
• Agreement Term: The modified employment agreement is a fixed-term contract ending on March 31, 2027.