Astronova sets FY2024 executive bonus plan based on adjusted EBITDA; annual meeting June 6

AstroNova, Inc.

FY2024 STIP targets: CEO 80%, CFO 45%, CTO 35% of base salary.
Bonus based on adjusted EBITDA; payouts linearly interpolated between threshold, target, and enhanced target.
No bonus below EBITDA threshold; 100% target at EBITDA target; incremental up to 100% for enhanced target.
Aggregate annual STIP awards capped at 15% of consolidated operating income.
Annual meeting June 6, 2023; record date April 10, 2023.

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