Roblox adopts deferred compensation plan for select management and directors

Roblox Corp

Board approved the Deferred Compensation Plan on March 16, 2023.
Eligible employees may defer up to 90% of base salary and 100% of cash bonus; directors may defer 100% of cash fees.
Participants may also defer up to 100% of RSUs and PSUs granted under the equity plan.
Deferrals are unfunded, unsecured obligations; payouts occur at separation, disability, death, change in control, or unforeseeable emergency.
Company retains right to amend or terminate plan without participant consent, but cannot reduce credited amounts.

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