Laird Superfood Appoints Director Matthew Spanjers to Board

What Happened
Laird Superfood, Inc. announced that on August 13, 2026 it appointed Matthew Spanjers to its Board of Directors and to the Board’s compensation committee. Mr. Spanjers will serve until the next annual meeting of stockholders and is identified in the filing as a designee of the Investor under an Investment Agreement dated December 21, 2025 (Gateway Superfood affiliates, an affiliate of Nexus Capital Management). He will receive the Company’s standard non‑employee director cash compensation and an option grant with vesting in equal annual installments over four years, and will enter the Company’s standard director indemnification agreement.

Key Details

• Appointment effective: August 13, 2026; term expires at the next annual meeting of stockholders.
• Committee role: member of the Board’s compensation committee.
• Investor relationship: Mr. Spanjers is a designee of Gateway Superfood NSSIII and NSSIV Investment LLCs under the Investment Agreement (Dec 21, 2025).
• Compensation & agreements: eligible for the Company’s non‑employee director cash program and an option grant vesting annually over four years; Company will enter its standard director indemnification agreement.
• Background: age 50; former Chief Growth Officer and President, International (select roles) at Krispy Kreme (2017–2025); founded Matthew Spanjers Advisory, LLC (Mar 2025); Senior Advisor at McKinsey & Company since Jul 2026; BA Yale, MBA Stanford.
• No related‑party transactions or other arrangements with Mr. Spanjers requiring disclosure under Item 404(a) were reported.

Why It Matters
This filing reports a board-level change tied to an investor nominee, which can affect governance and strategic oversight. Mr. Spanjers brings senior consumer food-and‑beverage experience (Krispy Kreme and other brands) and will participate on the compensation committee, which oversees executive pay and related governance matters. Investors should note the appointment reflects the Investor’s board representation under the Investment Agreement and that Mr. Spanjers will receive standard director compensation and equity that vests over time.