PAA extends CEO Chiang's award expiration to 2030; grants special retention units to Goebel and Chandler

PLAINS ALL AMERICAN PIPELINE LP

CEO Willie Chiang's 2018 Promotional Grant expiration extended from Oct 2025 to Oct 2030; 500,000 phantom units unchanged.
Jeremy Goebel receives 545,550 phantom units vesting Aug 2030; Chris Chandler receives 327,350 phantom units vesting Aug 2028.
Grants aim to retain key executives for succession planning beyond Aug 2026 when prior retention grants vest.
Phantom units vest upon DCF per unit targets: 25% at $3.00, 75% at $3.50; DERs vest on progressive thresholds.

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