Brinker International approves F2023 Performance Share Plan for executive officers and key employees

BRINKER INTERNATIONAL, INC

Three-year performance period based on Adjusted EBITDA; payout 0% if below minimum, 100% at target, up to 200% at maximum.
TSR modifier: 1.25x for 75th percentile or above, 0.75x for 25th or below; no modifier between.
Awards forfeited if participant leaves before period end except death, disability, retirement, or certain terminations without Cause.
Change in Control: immediate vesting at no less than 100% of target if awards not assumed by acquirer.

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