SLM Corp enters retention agreement with EVP/Chief Commercial Officer Vieira; $750K bonus, retirement by April 2026

SLM Corp

Donna Vieira to resign as CCO on Dec 31, 2025 (or upon hiring new CCO) and retire as employee on April 3, 2026.
Receives $750,000 cash retention bonus, subject to continued employment and performance through separation date.
Base salary of $535,545 continues through separation; eligible for 2025 AIP, prorated 2026 AIP, and 2026 LTIP.
No severance under Severance Plan; two-year non-compete and non-solicitation covenants; confidential information and release provisions.
Agreement includes reaffirmation of release and clawback provisions under company's compensation adjustment policies.

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