Alamo Group adopts deferred comp plan, replaces SERP for key officers

ALAMO GROUP INC

Plan effective Jan 1, 2026; discretionary contributions up to 6% of base salary and bonus.
Eligible officers include CEO R.P. Hureau, CFO A.K. Kamps, EVP K.J. Thomas.
Contributions vest 100% after 3 years; immediately on change in control.
Kamps and Thomas get initial credits equal to actuarial present value of their now-terminated SERP accounts.

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