Broadcom grants CEO Hock Tan 610,521 PSUs tied to AI revenue targets of $60B–$120B by FY2030

Broadcom Inc.

Target PSUs: 610,521 shares; payout ranges from 0% (AI revenue ≤$60B) to 300% (≥$120B) over FY2028–FY2030.
Vesting contingent on continued employment through FY2030; annual AI revenue must hit four-quarter rolling threshold.
CEO agrees to hold after-tax shares from prior 2023 PSU award through Nov 2030 (or Oct 2032 upon voluntary exit).
Independent board designed award to retain Tan amid AI-driven industry transformation; incorporates stockholder feedback.
Award forfeited if CIC occurs before Q1 FY2028; later CIC shortens performance period with prorated payout.

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