PMGC Holdings Amends Executive Consulting Agreements, Setting Annual Fees at $660,000

summarizeSummary

PMGC Holdings Inc. has amended consulting agreements for its CEO/CFO/Director and Non-Executive Chairman, establishing combined annual fees of $660,000, effective January 1, 2026.

check_boxKey Events

• CEO/CFO/Director Compensation Set

  The annual consulting fee for Graydon Bensler, serving as CEO, CFO, and Director via GB Capital Ltd, has been set at $300,000.

• Chairman Compensation Set

  The annual consulting fee for Braeden Lichti, serving as Non-Executive Chairman via Northstrive Companies Inc., has been set at $360,000.

• Agreements Effective January 1, 2026

  Both amended consulting agreements are effective as of January 1, 2026, establishing these annual fees for the current fiscal year.

• Fifth Amendment to Existing Agreements

  These are the fifth amendments to consulting agreements originally established on October 25, 2024, indicating ongoing adjustments to executive compensation.

auto_awesomeAnalysis

For a company with a market capitalization of approximately $1.9 million, annual executive consulting fees totaling $660,000 represent a substantial fixed cost. This level of compensation is a very significant portion of the company's current valuation, raising significant concerns about cash burn and the allocation of resources, potentially impacting the company's financial runway and investor confidence.