Beachbody enhances Interim CFO Brad Ramberg's severance package with new letter agreement

Beachbody Company, Inc.

Brad Ramberg, Interim CFO with 18+ years tenure, receives new severance letter dated Feb 24, 2025.
Severance: 0.5x base salary paid over 6 months (1x lump sum if termination within 12 months post-change-of-control).
Benefits include 12 months subsidized health coverage and 12-month accelerated vesting of time-vesting equity awards.
Full accelerated vesting of all time-vesting equity awards if termination occurs within 12 months after a change in control.
Severance contingent on execution of release of claims; no other employment terms changed.

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