Domo, Inc. announced that Catherine Wong resigned from her position as Chief Operating Officer and Executive Vice President of Engineering effective as of January 15, 2023. There were no disagreements between Ms. Wong and the Company on any matter relating to the Company's operations, policies or practices which resulted in her resignation. Between January 15, 2023 and March 31, 2023, Ms. Wong will provide advisory transitional services as mutually agreed upon by Ms. Wong and the Company's Chief Executive Officer or the Board.

Ms. Wong's existing equity incentive awards will continue to vest so long as Ms. Wong remains a “service provider” for purposes of the Company's equity incentive plans. Ms. Wong makes certain releases in favor of the Company upon execution of the Separation and Transition Agreement. Upon the conclusion of Ms. Wong's advisory transitional services, she will make certain waivers and releases of claims in favor of the Company, in consideration for the Company allowing Ms. Wong to retain $211,250 in bonus pre-paid by the Company for fiscal year 2023, regardless of the amount of actual bonuses to be paid to Company executives, and the Company will not exercise any clawback rights it might have, with the exception of any clawback required by applicable law.

Additionally, on January 9, 2023, the Company appointed Daren Thayne as the Company's Executive Vice President of Engineering, effective January 15, 2023. Mr. Thayne will also continue to serve as the Company's Chief Technology Officer. Mr. Thayne, age 57, has served as the Company's Chief Technology Officer since 2010.

Prior to joining the Company, Mr. Thayne served as Chief Information Officer at Interbank FX from 2007 to 2010 and Chief Technology Officer and SVP of Development at Ancestry.com. Mr. Thayne holds an M.B.A. and a B.S. in mechanical engineering from Brigham Young University.