Holley EVP, General Counsel Carly Kennedy to depart by May 15, 2026; severance agreed

Holley Inc.

Carly Kennedy, EVP, General Counsel and Corporate Secretary, will leave effective May 15, 2026 after four years.
She remains employed through transition; severance includes $164,000 salary continuation (6 months base).
Potential pro-rated 2026 bonus and pro-rata vesting of 31,185 RSUs from August 2025 grant.
Severance doubles to $328,000 (12 months) if change in control occurs within three months of separation.
All other outstanding equity awards terminate as of separation; she provides a general release of claims.

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