PRA Group elects Adrian M. Butler as independent director; approves severance for CFO and GC/CHRO

PRA GROUP INC

Adrian M. Butler elected independent director effective Jan 1, 2025; will serve on Risk Committee.
CFO Rakesh Sehgal and GC/CHRO LaTisha O. Tarrant added to Executive Severance Plan.
Severance: 1x salary + 1x bonus (1.5x in change of control) plus 12-18 months COBRA.
CEO, Europe President, and Global Investments Officer remain under prior employment agreements.

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