Management Change/Compensation Form 8 K

On July 27, 2024, the board of directors (the "Board") of Churchill Capital Corp IX (the "Company") appointed William Sherman as a director and as a member of the audit committee and the compensation committee of the Board, effective as of July 30, 2024.

William Sherman, age 60, served as the Executive Vice President and Chief Operating Officer of Nat Sherman Inc. ("Nat Sherman"), a third-generation, family-owned tobacco company from 1991 to January, 2017. During his time at Nat Sherman, Mr. Sherman played a pivotal role in the growth of the brand, establishing it as a leading luxury product in its category. His responsibilities spanned operations, manufacturing oversight, product development, and international sales management. As a leader in small manufacturing, Mr. Sherman was actively involved in numerous industry boards. He was a vocal advocate on regulatory and legislative issues, ensuring that the industry's interests were well-represented. In 2017, Mr. Sherman successfully spearheaded the sale of Nat Sherman to Altria Group Inc., marking a significant milestone in Nat Sherman's history. Following the sale, Mr. Sherman retired but remains actively engaged in various roles. He serves on the Statesmen Athletic Association board of Hobart and William Smith Colleges, his alma mater, and has dedicated himself to an array of investment and philanthropic efforts. Mr. Sherman received a Bachelor of Arts degree from Hobart and William Smith Colleges. Mr. Sherman is well-qualified to serve as a member of the Board due to his significant operational, financial and leadership experience.

No family relationships exist between Mr. Sherman and any other directors or executive officers of the Company. Mr. Sherman is not party to any arrangements with any other person pursuant to which he was nominated as a director. There are no transactions to which the Company is or was a participant and in which Mr. Sherman has a material interest subject to disclosure under Item 404(a) of Regulation S-K.

In connection with his appointments, Mr. Sherman signed a joinder to that certain letter agreement dated as of May 1, 2024, by and among the Company, its officers, its directors and Churchill Sponsor IX LLC, pursuant to which, among other things, the signatories agreed to waive certain redemption rights and to vote any ordinary shares of Company they hold in favor of an initial business combination. Mr. Sherman also entered into a standard director indemnity agreement with the Company, a form of which was filed as Exhibit 10.7 to the Company's Registration Statement on Form S-1filed with the SEC on March 22, 2024.