Greenway Technologies Appoints Doug Cogan as President and Enters CEO Employment Agreement

On June 9, 2026, Greenway Technologies, Inc. appointed Doug Cogan as President while he continues to serve as Chief Executive Officer. The company entered into a three-year employment agreement with Cogan effective June 12, 2026, with automatic one-year renewals. The agreement provides for an annual base salary of $240,000, potential annual increases up to 5%, and eligibility for a discretionary bonus with an initial target of up to 25% of base salary. Cogan will receive an award of 2,500,000 shares of restricted common stock, subject to Board approval. The agreement includes severance provisions providing for one times base salary plus target bonus in case of termination without cause or for good reason, increasing to one and a half times if termination occurs within one year after or 90 days prior to a change in control. The filing includes the full employment agreement and stock award agreement as exhibits.