Limoneira adopts new award agreement form reflecting Sunkist merger impact

Limoneira CO

Board approved a new Form of Award Agreement under the 2022 Omnibus Incentive Plan for restricted shares, performance shares, and performance compensation.
New form replaces prior form (Nov 2, 2023); effective Nov 17, 2025, to align with sales/marketing merger into Sunkist Growers.
Sunkist merger announced June 9, 2025; award agreement aims to align compensation with updated business model.
Agreement includes standard vesting schedules, forfeiture provisions, and change-of-control triggers.

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