Hasbro extends CEO Cocks' contract to Dec 2027; target bonus raised to 175%

HASBRO, INC.

CEO Christian Cocks' employment term extended to Dec 31, 2027, with automatic one-year renewals.
Target annual bonus increased from 150% to 175% of base salary; base salary remains $1.5M.
Change-in-control severance: lump sum of 3x base salary plus 3x target bonus, full equity vesting.
Non-renewal notice by company treated as termination without cause, triggering severance benefits.
Annual long-term incentive target set at 700% of base salary; $125k travel stipend added.

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