Pinnacle West awards $1.5M retention credit to EVP & Chief Nuclear Officer Adam Heflin

PINNACLE WEST CAPITAL CORP

Aggregate discretionary credit of $1.5 million to Adam Heflin, EVP and Chief Nuclear Officer of APS.
Credits vest on May 1, 2030; subject to continued employment through that date.
Forfeiture of unvested amounts occurs except for death, disability, or termination without cause.
Payment in ten-year installments following separation from service.

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