Simmons First modifies former CEO Fehlman's equity awards ahead of March 31 retirement

SIMMONS FIRST NATIONAL CORP

Robert Fehlman resigned as CEO effective Dec 31, 2024; advisory role ends March 31, 2025.
Stock option exercise period extended from 3 to 12 months post-departure, not beyond original expiry.
Unvested RSUs will vest on March 31, 2025, with shares and dividend equivalents paid on accelerated basis.
Unvested PSUs will continue vesting based on original performance period; payment on original schedule.
Compensation Committee exercised authority in equity award agreements to effect modifications.

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