{"url_path":"/sec/sntl/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 Executive Compensation.**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-05","source_url":"https://www.sec.gov/Archives/edgar/data/889353/0001096906-26-000918-index.html","accession_number":"0001096906-26-000918","cik":"0000889353","ticker":"SNTL","issuer_name":"Sentinel Holdings Ltd.","edgar_url":"https://www.sec.gov/Archives/edgar/data/889353/0001096906-26-000918-index.html","primary_entity_key":"0000889353","primary_entity_name":"Sentinel Holdings Ltd."},"word_count":921,"has_tables":true,"body_markdown":"**Item 11. Executive Compensation.**\n\n \n\n**Named Executive Officers**\n\n \n\nThis section discusses the material components of the executive compensation program for our current executive officers:\n\n \n\n·\nKyle Madej\nPresident, Chief Executive Officer, Treasurer, Secretary, and Chairman of the Board of Directors\n\n·\nRaymond Sheets\nChief Financial Officer\n\n \n\nWe collectively refer to these individuals as our “Named Executive Officers”.\n\n \n\n \n\n30\n\n*Table of Contents*\n\n \n\n**Compensation Philosophy**\n\n \n\nFollowing the filing of this Report, we expect that our compensation program for our Named Executive Officers will consist of the following components:\n\n \n\n·\n***Base Salary***\n\n  \n\nBase salary is an important component of executive compensation because it provides executives with an assured level of income, assists us in attracting executives and recognizes different levels of responsibility and authority among executives. The determination of base salaries is based upon the executive’s qualifications and experience, scope of responsibility and potential to achieve the goals and objectives established for the executive. Additionally, contractual provisions in executive employment agreements, past performance, internal pay equity and comparison to competitive salary practices are also considered.\n\n  \n\n·\n***Cash Bonuses***\n\n \n\nCurrently, there is no formal cash bonus plan for any of our Named Executive Officers.\n\n \n\n·\n***Equity-Based Incentive Awards***\n\n \n\nOn October 30, 2025, the Company issued 10,000 shares of Preferred Stock Series B to the Company’s President and CEO, as compensation valued at $500,000 for services performed in connection with an acquisition on October 15, 2025 as further described in Note 3, *Acquisition*, Note 15(b), *Stockholders’ Equity (Deficit)*, and Note 21, *Related Party Transactions*.\n\n \n\nEffective December 12, 2025, the Company adopted the 2025 Sentinel Equity Incentive Plan. No equity-based incentive awards were issued to our Named Executive Officers during the year ended December 31, 2025.\n\n \n\n**Summary of Named Executive Officers Compensation**\n\n \n\nThe following table presents the compensation earned by and/or awarded to the Company’s Named Executive Officers during the years ended December 31, 2024 and 2025.\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nStock\n\n \n\n \n\nAll Other\n\n \n\n \n\n \n\n \n\n \n\n \n\nYear\n\n \n\nSalary\n\n \n\n \n\nBonus\n\n \n\n \n\nAwards\n\n \n\n \n\nCompensation\n\n \n\n \n\nTotal\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nKyle Madej - President, Chief Executive Officer,\n\n \n\n2025\n\n \n$150,102\n \n\n \n\n \n-\n \n\n \n$500,000\n \n\n \n\n \n-\n \n\n \n$150,102\n \n\nTreasurer, Secretary, and Chairman of the\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nBoard of Directors\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nKip Eardley - Former President, Chief Executive\n\n \n\n2025\n\n \n$123,000\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n$123,000\n \n\nOfficer, Treasurer, Secretary, and Chairman\n\n \n\n2024\n\n \n$113,926\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n$113,926\n \n\nChairman of the Board of Directors\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nRaymond Sheets - Chief Financial Officer\n\n \n\n2025\n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n\n2024\n\n \n$64,231\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n$64,231\n \n\n \n\n·\n**Kyle Madej**\n\n \n\nEffective June 24, 2025, the Company entered into an “at-will” employment agreement with Kyle Madej wherein he serves as the President and Chief Executive Officer with a base salary of $240,000. The term of the agreement is for twelve months with automatic renewals for successive twelve months provided neither party provides notice of intent of non-renewal. The individual is eligible for an annual discretionary bonus which is determined at the sole discretion of the Board of Directors. This agreement contains other terms and conditions which are customary for the employment of an individual in that role.\n\n \n\nEffective October 30, 2025, the Company issued to Kyle Madej 10,000 shares of Preferred Stock Series B with a fair value of $500,000 for services performed in connection with an acquisition in October of 2025 as described elsewhere in this document.\n\n \n\n \n\n31\n\n*Table of Contents*\n\n \n\n·\n**Kip Eardley**\n\n \n\nEffective June 24, 2025, the Company accepted the resignation of Kip Eardley as President and Chief Executive Officer concurrent with the appointment of Kyle Madej to those roles as described above. Effective September 18, 2025, the Company removed Kip Eardley from all positions with the Company.\n\n \n\nEffective July 20, 2021, the Company issued to Kip Eardley 250,000 shares of common stock with a fair value of $125,000 as compensation for services as President, Chief Executive Officer, and a Director.\n\n \n\n·\n**Raymond Sheets**\n\n \n\nEffective July 20, 2021, Raymond Sheets joined the Company wherein he served as Chief Financial Officer and in other positions on an “at will” basis on both a part-time and a full-time basis since that date. Consequently, his base salary has varied as indicated in the table above and has not been formalized for 2026. He is eligible for an annual discretionary bonus which is determined at the sole discretion of the Board of Directors.\n\n \n\nEffective July 20, 2021, the Company issued to Raymond Sheets 250,000 shares of common stock with a fair value of $125,000 as compensation for services as Chief Financial Officer, Treasurer, and Secretary.\n\n \n\n**Summary of Directors Compensation**\n\n \n\nThe following table presents the compensation earned by and/or awarded to members of the Company’s Board of Directors during the years ended December 31, 2024 and 2025.\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nStock\n\n \n\n \n\nAll Other\n\n \n\n \n\n \n\n \n\n \n\n \n\nYear\n\n \n\nFees\n\n \n\n \n\nBonus\n\n \n\n \n\nAwards\n\n \n\n \n\nCompensation\n\n \n\n \n\nTotal\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nBrett Bertolami\n\n \n\n2025\n\n \n$10,000\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n$10,000\n \n\n \n\n \n\n2024\n\n \n$10,000\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n$10,000\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nDean Polizzotto\n\n \n\n2025\n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n\n2024\n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n·\n**Brett Bertolami**\n\n \n\nEffective December 27, 2021, the Company issued to Brett Bertolami 250,000 shares of common stock with a fair value of $125,000 as compensation for services as a member of its Board of Directors.\n\n \n\n·\n**Dean Polizzotto**\n\n \n\nEffective December 27, 2021, the Company issued to Dean Polizzotto 250,000 shares of common stock with a fair value of $125,000 as compensation for services as a member of its Board of Directors.\n\n \n\n**Indemnification of Directors and Officers**\n\n \n\nAll Directors and Officers of the Company are indemnified to the fullest extent possible under Nevada law unless: i) the Director’s or Officer’s acts or omissions constituted a breach of fiduciary duties; and ii) such breach involved intentional misconduct, fraud, or a knowing violation of the law.\n\n \n\n \n\n32\n\n*Table of Contents*"}