Quanta Services adopts 2022 incentive plans with EBITDA, ROIC, safety metrics

QUANTA SERVICES, INC.

Annual plan: 60% EBITDA, 20% EBITDA margin, 20% safety; performance period Jan-Dec 2022.
Long-term plan (2022-2024): 65% ROIC with TSR modifier, 15% capital efficiency, 10% safety, 10% sustainability.
Awards can be cash, RSUs, or PSUs; vesting subject to employment and Compensation Committee certification.
All incentive awards subject to clawback if recipient violates restrictive covenants.
Target incentives set as % of base salary; executive officer participation approved by Compensation Committee.

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