Urgent.ly (ULY) Announces CFO Departure

On August 5, 2025, Michael H. Port, Chief Financial Officer of Urgent.ly (NASDAQ: ULY), separated from the Company effective immediately (the “Separation”). Mr. Port separated from the Company “without cause” as defined under the terms of his promotion letter with the Company, dated May 27, 2025 (the “Promotion Letter”). As previously disclosed, subject to Mr. Port’s compliance with the terms of the Promotion Letter including Mr. Port’s execution of the Company’s standard form of severance agreement and release of claims, Mr. Port will be entitled to the payments and benefits provided for by the Promotion Letter.

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