Key Tronic sets FY2025 ICP targets, LTIP measures, and grants RSUs to executives

KEY TRONIC CORP

ICP for FY2025: CEO Larsen potential payout 10%-150% of base; CFO Voorhees and EVP Hochberg 7%-105%.
Base salary increase for Hochberg from $15,162 to $16,678 bi-weekly, effective Sept 3, 2024.
LTIP 2025-2027 target awards: Larsen $400k, Voorhees/Hochberg $190k, non-employee directors $35k.
RSU grants: Larsen 55,431 RSUs (40% time, 60% performance on EBITDA); Voorhees/Hochberg 27,716 each (50/50).
Non-employee directors receive 8,869 RSUs each, vesting on first anniversary of grant.

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