Appointment of Hozefa Lokhandwala as CFO and Employment Agreement

On June 16, 2026, AMC Global Media Inc. appointed Hozefa Lokhandwala as its Executive Vice President and Chief Financial Officer. Mr. Lokhandwala brings extensive experience, having previously served as Co-Chief Executive Officer of VICE Media Group and a Managing Director in Media Investment Banking at J.P. Morgan. His employment agreement is effective from June 16, 2026, to June 30, 2029. The agreement stipulates a minimum annual base salary of $750,000, with a target annual bonus of 100% of his salary. He is also eligible for long-term incentive programs with an expected annual target value of at least $750,000. In 2026, he received initial long-term incentive awards valued at $375,000. The agreement includes provisions for severance benefits in case of termination under specific conditions, including a severance payment of at least two times his annual base salary plus target bonus. The agreement also includes non-competition and confidentiality clauses.