Provident Financial signs severance deal with CFO Fan; 2x salary plus bonus on change-in-control termination

PROVIDENT FINANCIAL HOLDINGS INC

Severance agreement with SVP/CFO Peter C. Fan effective May 22, 2025, through Feb 28, 2026.
Upon qualifying termination within 12 months after a change in control: lump sum of 2x base salary plus 2x largest annual bonus in prior 2 years.
Continued life, medical, dental, vision and disability coverage for 2 years post-termination.
Agreement includes standard regulatory provisions, arbitration, and requires release of claims.

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