ADTRAN extends CFO and CTO contracts through 2025; reverses salary cuts due to German law restrictions

ADTRAN Holdings, Inc.

Extension of employment for CFO Ulrich Dopfer and CTO Christoph Glingener to Dec 31, 2025.
Reversal of 25% salary reductions; Dopfer receives $76,875 true-up, Glingener €62,771. 2024 salaries: $427,083 and €350,625 respectively.
2025 base salaries revert to $410,000 (Dopfer) and €337,000 (Glingener); annual remuneration cap of €2.8M each.
Annual RSU and market-based PSU grants each 40% of base salary; 2024 grants adjusted due to share availability (Dopfer 13,321 RSUs/PSUs, Glingener 12,044 each).
Annual cash bonus tied to revenue and adjusted EBIT; prior performance-based PSUs and integration awards continue.

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