Eaton CFO Leonetti to receive 2.0x salary plus target incentive on departure

Eaton Corp plc

Olivier Leonetti will depart as CFO on April 1, 2026; separation agreement signed Dec 12, 2025.
Payment equals 2.0 times his current annual salary plus target annual incentive under short-term plan.
Pro-rated eligibility for performance-based LTIP and 2026 STIP awards based on completed service.
Unvested stock options and restricted share units continue vesting per original schedules.
Terms follow proxy statement filed March 14, 2025, with no additional special benefits.

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