Falcon's Beyond Global Inc.

10/02/2024 | Press release | Distributed by Public on 10/02/2024 08:46

Material Event Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective September 30, 2024, the Board of Directors (the "Board") of Falcon's Beyond Global, Inc. (the "Company")increased the number of directors on the Board from six to seven and elected Gino P. Lucadamo to serve as a director of the Company. Mr. Lucadamo was also appointed to serve on the Board's Audit Committee effective September 30, 2024.

Upon joining the Board, Mr. Lucadamo will be entitled to receive compensation under the Company's Non-Employee Director Compensation Program, approved by the Board in December 2023 as described in the Company's Definitive Proxy Statement on Schedule 14A filed with the SEC on April 29, 2024.

Mr. Lucadamo will enter into an Indemnification Agreement with the Company in the same form as its other directors have entered, which is filed with the Securities and Exchange Commission (the "SEC") as Exhibit 10.3 to its Current Report on Form 8-K filed on October 12, 2023.