LCI Industries amends employment agreements for two execs; Smith severance reduced from 3x to 2x

LCI INDUSTRIES

Ryan R. Smith amended agreement: cash severance multiple reduced from 3x to 2x base salary + avg bonus; severance period from 36 to 24 months.
Both Smith and Jamie M. Schnur get 'Approved Retirement' provision entitling them to same severance as termination without cause or good reason resignation.
Approved Retirement defined as termination on/after 1st anniversary of effective date (extendable to 18 months for specified corporate transactions).
Good Reason definition now applies to stock-based incentive awards held by both executives.
Employment period under each agreement continues until terminated per its terms; effective June 19, 2026.

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