Alight extends CEO David Guilmette's term to Dec 31, 2027; severance multiple increases to 2x after 2025

Alight, Inc. / Delaware

CEO term extended from Aug 19, 2025 to Dec 31, 2027 with automatic one-year renewals unless 90-day notice given.
Severance multiple is 1x if termination without Cause or for Good Reason occurs on or before Dec 31, 2025; 2x if on or after Jan 1, 2026.
Base salary remains $870,000; target annual bonus is 200% of base salary.
CEO will continue to serve as member of the Board and be nominated for re-election.
In a qualifying termination, severance includes lump sum of Severance Multiple × (base salary + target bonus), pro-rata bonus, and 12 months COBRA subsidy.

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