Magnera enters CEO employment agreement with Curtis L. Begle; grants PSUs to executives

Magnera Corp

CEO base salary $1M, target bonus 100% of base, LTI grants $4.6M, one-time special award $1.5M.
Executive severance plan adopted: 1x salary+bonus on non-cause termination; 2x on change in control.
PSUs granted to 7 executives (e.g., Begle 182,636; Till 47,644) with 3-year performance period.
CEO eligible for COBRA payments for 12 months (24 months after change in control).

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