Stagwell extends CEO Mark Penn's contract to July 2029, grants 2M SARs

Stagwell Inc

Employment term extended to July 31, 2029.
Base salary increased to $1.4M from $1.26M effective August 1, 2026.
Bonus of $581,667 payable by August 15, 2026; annual bonus target set at 240% of base salary.
Annual long-term equity incentive target set at 450% of base salary.
Grant of 2,000,000 SARs at $8.45 base price, vesting over 3 years, cash-settled.

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