United Community Banks adopts new Executive Incentive Plan effective for FY2024

UNITED COMMUNITY BANKS INC

Plan replaces the 2007 annual incentive plan; adopted Oct 31, 2023 by Talent and Compensation Committee.
Applies to fiscal years beginning with 2024; eligible employees are EVP and above.
Cash awards based on performance measures such as EPS, revenue, ROE; Committee sets targets and payouts.
Awards conditioned on continued employment through payment date; subject to Company clawback policies.
Plan may be amended or terminated by Committee at any time without impairing awarded but unpaid incentives.

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