Elastic N.V. has appointed Eric Prengel as interim Chief Financial Officer, effective December 14, 2024. Prengel's employment terms include an annual base salary of $475,000 and eligibility for a 40% annual target cash incentive, pro-rated for the fiscal year ending April 30, 2025.Prengel will receive an RSU award valued at approximately $2,000,000, vesting in two equal annual installments on December 14, 2025 and 2026. The company will also provide Prengel with a change in control and severance agreement, offering certain benefits if terminated without cause or resigning for good reason, as well as a standard indemnification agreement.This amendment, filed on December 13, 2024, supplements the original Form 8-K filed on November 21, 2024, providing additional details on Prengel's compensation and benefits package as interim CFO.

Elastic N.V. has appointed Eric Prengel as interim Chief Financial Officer, effective December 14, 2024. Prengel's employment terms include an annual base salary of $475,000 and eligibility for a 40% annual target cash incentive, pro-rated for the fiscal year ending April 30, 2025.Prengel will receive an RSU award valued at approximately $2,000,000, vesting in two equal annual installments on December 14, 2025 and 2026. The company will also provide Prengel with a change in control and severance agreement, offering certain benefits if terminated without cause or resigning for good reason, as well as a standard indemnification agreement.This amendment, filed on December 13, 2024, supplements the original Form 8-K filed on November 21, 2024, providing additional details on Prengel's compensation and benefits package as interim CFO.