Lindsay adopts nonqualified deferred comp plan for execs effective May 1, 2022

LINDSAY CORP

Plan allows executive officers to defer up to 80% of salary and 100% of bonuses.
No employer contributions; participant contributions fully vested at all times.
Distributions available as lump sum or installments at separation, death, or emergency.
Plan is unfunded and maintained for a select group of management or highly compensated employees.
Effective May 1, 2022; trust established but assets subject to general creditors.

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