McKesson adopts revised Executive Severance Policy and amends incentive plans

MCKESSON CORP

Executive Severance Policy provides up to 24 months' base salary on Qualifying Termination (lesser of 12 months + 1 month per service year or 24 months).
Management Incentive Plan amended to remove outdated Section 162(m) references and extend 'Severance' definition to include Executive Severance Policy terminations.
Outstanding equity awards under 2013 Stock Plan amended to treat terminations under new policy as 'Severance' for continued vesting/retirement.
All severance payments require execution of a release and may be halted/recouped for non-compliance with restrictive covenants.

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