Consolidated Water Co. Ltd. Employment Agreement with Douglas Vizzini

Consolidated Water Co. Ltd. has entered into an employment agreement with Douglas Vizzini, promoting him to Executive Vice President and Chief Accounting Officer. The agreement, effective April 1, 2026, runs through December 31, 2027, with provisions for annual extensions at the CEO's discretion. Vizzini will receive an annual base salary of $350,000, with potential increases reviewed annually. He is eligible for short-term incentive compensation targeted at 25% of his base salary, based on company and individual performance. Additionally, he will receive annual restricted stock units (RSUs) valued at 20% of his base salary, vesting over three years. The company will cover his medical insurance and provide a monthly automobile expense allowance, which increases annually. The agreement details responsibilities, termination clauses, and benefits, including indemnification and D&O insurance coverage. The agreement is governed by Florida law.