Mistras Group adopts executive severance plan effective Oct 2023; corrects prior filing error

Mistras Group, Inc.

Plan covers U.S.-based EVP and above, plus SVPs designated by CEO with Compensation Committee concurrence.
Severance: 12 months base salary plus pro-rata bonus on non-CIC termination; 1.5x salary plus bonus on CIC termination.
Benefits include COBRA subsidy for Restricted Period, continued equity vesting during non-CIC Restricted Period.
Plan may be amended or terminated by Company at any time; disputes subject to arbitration.
Original Form 10-K filed March 2024 included incorrect prior version; corrected exhibit now filed.

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