Jim Kilts named Chairman of Advantage Solutions board; CFO receives 1.8M option grant

Advantage Solutions Inc.

Jim Kilts appointed Chairman effective March 31, 2023, succeeding Tanya Domier who retired.
CFO Christopher Growe entered amended employment agreement with 1.8M sign-on options vesting over 5 years.
Options exercise prices set at $2.00, $5.00, $10.00 per share for one-third each.
Restated 2020 Incentive Award Plan increases share reserve by 50M shares, subject to stockholder vote on May 24, 2023.
Contingent awards (options and 2023 equity grant) hinge on stockholder approval of restated plan.

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