Exascale Labs Appoints Interim CFO Gildas Bonnier

What Happened

• Exascale Labs Holdings Inc. announced on September 4, 2026 that it has appointed Gildas Bonnier as Interim Chief Financial Officer. Mr. Bonnier will serve as the company’s “principal financial officer” while the company conducts a formal search for a permanent CFO. He will report to the CEO and be subject to oversight by the Audit Committee.
• Mr. Bonnier brings more than 20 years of experience in capital‑intensive industrial businesses, including senior roles at Air Liquide (2003–2024), Head of Hydrogen Sourcing and Partnerships at Nikola Motors (2025), and co‑founding Grove Hydrogen Solutions (2026). His background includes P&L oversight, strategic planning, pricing and contract optimization, and work on hydrogen projects and partnerships.

Key Details

• Appointment effective date: September 4, 2026.
• Engagement: Consulting agreement dated September 4, 2026; fee of $10,000 per calendar month, prorated for partial months, paid monthly in arrears.
• Compensation limits: The $10,000 monthly fee is the entirety of his compensation under the agreement — no bonus, equity award, severance or employee benefits; reasonable, pre‑approved business expenses will be reimbursed.
• Termination: Agreement ends when a permanent CFO begins, or upon 10 days’ written notice by either party, or immediately for cause (fraud, willful misconduct, gross negligence, material breach, legal/policy violations or refusal to perform).

Why It Matters

• The appointment fills the company’s top finance role on an interim basis, ensuring there is a designated principal financial officer responsible for financial reporting and oversight during the CFO search. Oversight by the Audit Committee is a governance positive.
• Financial impact is expected to be modest and short‑term given the limited $10,000/month consulting fee and absence of equity or severance. Investors should watch for disclosure of a permanent CFO hire and any related changes to financial strategy or reporting.