Telos amends Annual Incentive Plan to allow cash or stock bonus payments

TELOS CORP

Compensation Committee amended the AIP on Sept 20, 2023, granting discretion to pay awards in cash, stock, or combination.
Previously, AIP awards were payable only in common stock under the 2016 Long-Term Incentive Plan.
The amended AIP is attached as Exhibit 99.1; no financial impact or guidance change disclosed.
Plan remains performance-based; forfeiture and pro-rata provisions unchanged.

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