FMC adopts new executive severance plan with 2x-3x multiples for CEO; 7 named officers

FMC CORP

Plan covers CEO Brondeau (non-CIC multiple 2, CIC multiple 3), CFO Sandifer, President Pereira, and four other EVPs.
Non-CIC severance: cash = multiple × (base + target bonus) + prorated bonus + $20,000 + healthcare subsidy.
CIC severance (two-year post-change window): same benefits with higher CIC multiple; Sandifer retains existing CIC agreement.
Participants must terminate prior severance agreements and sign release with non-competition/non-solicitation covenants.
Plan effective December 11, 2024; Compensation Committee approved multiples on that date.

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