Compensation Committee waives performance condition for phantom share vesting for execs due to China factors

NATURAL HEALTH TRENDS CORP

Amendment deems performance criteria satisfied for June 15, 2022 vesting date due to extraordinary business circumstances in China.
President Chris T. Sharng to receive 15,606 phantom shares; CFO Timothy S. Davidson to receive 5,224, subject to time-based vesting.
Cash payment upon vesting limited to $12.00 per share fair market value.
Award agreements amended for Sharng, Davidson, and non-employee directors.

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