Albany International awards 2025 performance and restricted stock units to named executives

ALBANY INTERNATIONAL CORP /DE/

CEO Gunnar Kleveland granted target of 16,349 PSUs and 16,349 RSUs under 2023 Incentive Plan.
Other NEOs (Starr, Stein, Stone, Gaug) granted PSU targets ranging from 3,201 to 5,632 shares.
PSU payouts range 0-200% based on adjusted EBITDA, ROIC, and relative TSR over 2025-2027.
RSUs vest one-third annually over three years; settlement in stock upon vesting.
All awards subject to clawback policy and forfeiture upon termination for cause.

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