Brinker adopts 5-year performance share plan for CEO Hochman ($20M target) and two other executives

BRINKER INTERNATIONAL, INC

CEO Hochman receives $20M target performance shares; Aaron White $3M; George Felix $2M.
Payout based on TSR vs S&P 1500 Hotels, Restaurants & Leisure Index over 5 years (Sept 2024 – Sept 2029).
Target requires 60th percentile; max 200% of target, but capped at 100% if Company TSR negative.
Employment through Sept 2029 generally required to earn shares; vesting accelerated upon qualifying termination or change in control.
Annual meeting ratified KPMG as auditors and approved 2024 Stock Option & Incentive Plan with 97%+ votes for directors.

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