Company: SLMT
Filing Date: 2025-09-26
Form Type: 6-K
Source: 0001213900-25-091823
Chunk: 7

Company: Brera Holdings PLC
Filing Date: 2025-09-26
Form: 6-K
Chunk 7
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 and Director

On September 23, 2025, the Company entered into
a formal employment agreement (the “Agreement”) with Marco Santori to become the Company’s Chief Executive Officer and
Director.

Mr. Santori’s term as the Company’s
Chief Executive Officer and Director will begin on September 23, 2025, and continue until terminated by either party, subject to the terms
of the Agreement (the “Term”). For his services, Mr. Santori will be paid $650,000 per year. Additionally, Mr. Santori will
be granted a signing bonus of $1,000,000 and an equity grant of $15,000,000 in Restricted Stock Units which are subject to time and performance
based vesting. During the course of the Term, Mr. Santori will be eligible for (i) performance bonuses to be granted at the discretion
of the Company’s Compensation Committee, (ii) an AUM-based bonus, determined each calendar year based on the Company’s SOL
AUM as of December 31 of such year, equal to (a) 0.1429% of SOL AUM up to $1,000,000,000, and (ii) 0.0714% of any SOL AUM in excess of
$1,000,000,000, and (iii) to participate in the Company’s 2025 Equity Incentive Plan. The Agreement contains a perpetual confidentiality
covenant as well as non-competition and employee and customer non-solicitation covenants that apply during the Term and for a period of
one year following Mr. Santori’s termination.

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There are no other arrangements or understandings
between Mr. Santori and any other person pursuant to which Mr. Santori was appointed Chief Executive Officer and a Director of the Company.
There are also no family relationships between Mr. Santori and any director or executive officer of the Company, and Mr. Santori has no
direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

The newly appointed officers and directors of
the Company will enter into standard indemnification agreements with the Company (the “Indemnification Agreements”) whereby
the Company will agree to indemnify such new officers directors for losses related to the fact that they are officers and directors of
the Company.

The foregoing summaries of the Agreement and
the form of Ind