Tigo Energy approves executive STI plan and amends CEO/CFO employment agreements

TIGO ENERGY, INC.

STI Plan ties cash bonuses to revenue (37.5% weight), Adjusted EBITDA (37.5%), and individual goals (25%); threshold at 75% of targets.
CEO Zvi Alon: target bonus 100% of $500K base salary; severance includes 24 months salary on CIC-related termination, 18 months otherwise.
CFO Bill Roeschlein: target bonus 75% of base salary; severance includes 18 months salary on CIC-related termination, 12 months otherwise.
Aggregate bonus pool under STI Plan cannot exceed positive Adjusted EBITDA for the fiscal year unless committee decides otherwise.
Amended employment agreements also include 24-month (CEO) and 18-month (CFO) COBRA premium payments on CIC termination.

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