Superior Group enters new CEO employment agreement with Michael Benstock through 2029

SUPERIOR GROUP OF COMPANIES, INC.

Base salary $1,044,399; guaranteed minimum annual bonus $500,000 for FY2026-2028.
Retention bonus of $2,100,000 payable upon retirement or resignation for Good Reason.
Severance: 2x highest annual compensation plus pro-rated bonus if terminated without Cause or for Good Reason.
Agreement expires May 31, 2029; replaces prior 2005 severance protection agreement.
Unvested restricted stock prorated upon retirement; office and admin assistant up to 25 hrs/month.

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