Albemarle extends CEO Kent Masters' employment through March 2027 with new compensation agreements

ALBEMARLE CORP

CEO Kent Masters signed new employment agreement extending his term to March 30, 2027, with same $1.4M base salary.
Annual bonus target remains 150% of base salary, maximum 200% of target; eligible for 2026 LTI grants.
Non-competition and non-solicitation covenants for three years post-employment; severance terms specified.
Change-in-control agreement extended through March 30, 2027; terms substantially similar to prior.

item 5.02

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