Heritage Insurance amends executive comp; CEO base salary cut 15% to $850K

Heritage Insurance Holdings, Inc.

CEO base salary reduced from $1M to $850K, target cash incentive raised to 120% of base.
CFO base salary cut 16% to $800K; target cash incentive raised to 65% of base.
President NBIC base salary cut 34% to $650K; target cash incentive raised to 19% of base.
CAO base salary unchanged at $525K; target cash incentive raised to 30% of base.
Shift from base salary to performance-based equity awards to align with shareholder interests.

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