Business First Bancshares enters amended CEO agreement and new change-in-control pacts with four officers

Business First Bancshares, Inc.

CEO Melville's new agreement provides base salary of at least $827,500, initial 5-year term with auto-renewal.
Severance on qualifying termination: 3x (base salary + avg bonus) for Melville; 2x for four other executives.
Change-in-control protection window: 3 months before to 24 months after a change in control.
Two-year non-solicitation and non-competition covenants apply post-termination for all covered executives.
Agreements dated October 29, 2025; prior 2019 CEO agreement and older CIC agreements superseded.

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