Lennox adopts new LTI award agreement with enhanced restrictive covenants

LENNOX INTERNATIONAL INC

Compensation Committee approved new Long-Term Incentive Award Agreement for VP+ employees, effective for 2026 grants.
New agreement updates restrictive covenant provisions, expanding Company's remedies for noncompete/nonsolicitation violations.
Award types covered: PSUs, RSUs, and SARs; terms substantially similar to prior form except for covenant updates.
Agreement filed as Exhibit 10.1 to Form 8-K.

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