Playtika lowers revenue growth vesting targets for executive PSUs; launches 2.5:1 option exchange

Playtika Holding Corp.

Amended 2022 PSUs for NEOs: first year revenue growth targets set at 1% (50% vest), 7.5% (75%), 9%+ (100%).
For years 2–4, targets lowered to 1% (50%), 3% (75%), 5%+ (100%).
On Nov 14, 2022, launched voluntary option exchange: eligible stock options exchanged for RSUs at 2.5:1 ratio.
Option exchange open to service providers; board members not participating; tender offer filed on Schedule TO.

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