USA Rare Earth, Inc. Announces Retirement of Chief Operating Officer

Summary

On July 4, 2025, Steve Ridge, the Chief Operating Officer of USA Rare Earth, Inc., retired from the company, effective immediately. As part of his retirement, Mr. Ridge will serve as a part-time consultant for three months to facilitate a smooth transition. He will receive a lump sum payment of $5,000 and a grant of restricted stock units valued at $450,000, which will vest on January 1, 2026. The details of the separation agreement are provided in Exhibit 10.1 to this report.