Local Bounti Corporation

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 17, 2026, Craig Hurlbert announced his intention to resign as Executive Chairman and as a member of the Board of Directors (the “Board”) of Local Bounti Corporation (the “Company”), effective as of June 18, 2026. Also, on June 17, 2026, Matthew Nordby announced his intention to resign as a member of the Board, effective June 18, 2026. Craig Hurlbert served as Chairman of the Board. Mr. Nordby served as Lead Independent Director, as a member of the Board’s Compensation Committee, and as chair of the Board’s Nominating and Corporate Governance Committee. Messrs. Hurlbert’s and Nordby’s decisions were not based on any disagreement with the Company or its management. Upon the effectiveness of the resignations of Mr. Hurlbert and Mr. Nordby, the Board reduced the size of the Board from eight to six members. Effective as of June 18, 2026, the Board has appointed Travis Joyner as Chairman of the Board, Mark Nelson as Lead Independent Director, and the following Board committee members: Audit Committee - Mark Nelson (Chair), Pamela Brewster, and Michael Molnar; Compensation Committee - Pamela Brewster (Chair) and Mark Nelson; and Nominating and Corporate Governance Committee - Mark Nelson (Chair) and Pamela Brewster. Mr. Hurlbert will continue to serve as an employee of the Company.