Lindsay Corp CFO retiring; FY2026 incentive plan adopted with new CFO as participant

LINDSAY CORP

CFO Brian Ketcham retiring at end of 2025; Sam Hinrichsen to succeed as SVP & CFO starting Nov 3, 2025.
FY2026 MIP sets target bonus at 40%-100% of base salary for senior officers; payout range 0%-200%.
Bonus 80% weighted on company financial metrics (revenue, operating margin, free cash flow) and 20% on individual goals.
Ketcham excluded from plan due to retirement; Hinrichsen included as participant.

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