Illumina interim CEO Dadswell gets $50k/month stipend, bonus raised to 100%

ILLUMINA, INC.

Board approved $50,000 per month stipend for Charles Dadswell retroactive to June 1, 2023, through month permanent CEO appointed.
Dadswell's target bonus increased from 60% to 100% of $600k base salary for his tenure as interim CEO.
Additional compensation reflects increased responsibilities; Dadswell continues as General Counsel.
Bonus achievement tied to company revenue and operating income objectives, subject to Board negative discretion.
No family relationships or related party transactions with other officers or directors.

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