First US Bancshares establishes 2026 cash incentive program for NEOs; CEO target 45% of salary

FIRST US BANCSHARES, INC.

CEO House target bonus 45% of 2026 base salary; CFO Elley and Mitchell at 35%.
Performance metrics: pre-tax income (25%), ROAA (30% for House/Elley), ROATE (25% for House/Elley), loan growth (15% for Mitchell).
Threshold payout at 80% of budget yields 50% of target; maximum at 120% yields 150% of target.
Bonus subject to up to 35% reduction based on regulatory rating deterioration.
Program includes recoupment provisions for financial restatements or bad-faith conduct.

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