Velocity Financial approves FY2025 cash incentive and PSU programs for executives

Velocity Financial, Inc.

Cash bonus for CEO, CFO, EVP tied to 2025 Core Net Income Annual Growth; threshold bonuses $315k, $147.7k, $118.1k; max $1.26M, $590.6k, $472.5k.
Executives also eligible for individual performance bonuses up to same amounts based on leadership, risk management, strategic initiatives.
PSU grants vest based on average Core Net Income Annual Growth over 2025-2027; CEO eligible for 0-154,090 shares; CFO/EVP 0-37,194 each.
Bonuses and PSUs require Compensation Committee certification after fiscal year-end (cash) or 2027 (PSUs).

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