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Skillsoft Announces New Employee Inducement Grant Under NYSE Rule 303A.08

1. Skillsoft issued 25,000 RSUs to new VP Fabien Rech as incentive. 2. This recruitment highlights Skillsoft's strategic expansion in EMEA sales.

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FAQ

Why Bullish?

The RSU grant indicates confidence in leadership, potentially driving performance. Previous instances of RSU grants leading to improved company performance support this view.

How important is it?

The CEO's strategic hiring may improve sales metrics, potentially impacting investor confidence. Increased leadership capabilities in new markets can signal growth potential.

Why Short Term?

The immediate impact of leadership recruitment can enhance sales performance quickly. Historical recruitment successes often lead to increased market opportunities in the short run.

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BOSTON--(BUSINESS WIRE)--Skillsoft (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading platform for transformative learning experiences, today announced that on April 3, 2025, the Compensation Committee of Skillsoft's Board of Directors made a grant of 25,000 restricted stock units (“RSUs”) of the Company's Class A common stock to Fabien Rech. The grant of RSUs was offered as a material inducement to Mr. Rech's hiring as the Company's Senior Vice President, Sales – EMEA on February 10, 2025.

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