TETRA CFO Serrano retires effective March 31, 2026; Sanderson named successor with increased pay

TETRA TECHNOLOGIES INC

CFO Elijio Serrano retires effective 3/31/2026; Matthew Sanderson appointed EVP & CFO effective upon retirement.
Sanderson's base salary raised to $490,000 (+$22,500), target annual incentive to 90% of base, LTI target to $925,000.
Serrano to serve as non-executive advisor at $125k/yr through April 2027; receives prorated bonuses and equity continuation.
Serrano granted 17,922 RSUs vesting at end of transition period; Outstanding equity continues vesting per original schedule.

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