Victoria's Secret enters indemnification agreements with directors/officers post-spin

Victoria's Secret & Co.

On August 6, 2021, entered indemnification agreements with each director and officer.
Agreements provide indemnification to fullest extent permitted by law for claims related to service.
Includes advancement of expenses, subject to reimbursement if not entitled.
Limitations apply for unlawful conduct, fraud, willful misconduct, or personal profit.
Company agrees to maintain D&O insurance for so long as agreement is in effect.

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