Brady Corp enters new change-of-control agreement with General Counsel Andrew Gorman

BRADY CORP

Agreement provides 2x base salary plus 2x target bonus upon qualifying termination within 24 months of a change of control.
Replaces prior change-of-control agreement with Gorman dated April 6, 2020.
Approved by Management Development and Compensation Committee to align with similar agreements for other named executive officers.
Effective September 16, 2025; Gorman remains General Counsel and Secretary.

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