Employment Agreement with President and CEO

On April 27, 2026, 374Water Inc. entered into an employment agreement with its President and Chief Executive Officer, Daniel Bogar. The agreement outlines an annual base salary of $225,000, with potential for an annual performance bonus up to 100% of the base salary, based on operational and strategic objectives. The company has also agreed to grant Mr. Bogar stock options for 175,000 shares and 175,000 restricted stock units, with vesting schedules detailed. In the event of termination by the Company without Cause or by Mr. Bogar for Good Reason, severance benefits include six months of base salary, continued health insurance for six months, and accelerated vesting of equity awards. Mr. Bogar will also participate in standard employee benefit programs.