Altisource executives revert to cash compensation; Management RSU approved tied to debt restructuring

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

CEO Shepro and CFO Esterman rescind voluntary stock-for-cash pay modification, effective Feb 1, 2025; full base salary in cash.
Executives terminate 112,000 market-based RSUs: Shepro 40,000, Esterman 19,000, Ritts 19,000; effective Jan 29, 2025.
Compensation Committee approves Management RSUs for NEOs equal to up to 4.51% of post-transaction common stock outstanding.
Shepro allocated 2.72%, Esterman 0.98%, Ritts 0.82% of post-transaction shares; vesting in three annual installments.
Management RSU vesting conditioned on closing of debt restructuring transaction and shareholder approval of required proposals.

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