LyondellBasell amends Executive Severance Plan, effective Nov 17, 2023

LyondellBasell Industries N.V.

CEO severance: lump sum of 2x base salary + target bonus plus 18 months subsidized COBRA coverage.
Direct reports to CEO receive 1x base salary + target bonus plus 18 months COBRA subsidy.
On change of control, CEO severance multiplier increases to 3x base salary + target bonus; direct reports to 2x.
Participation requires execution of a Participation Agreement and a release of claims.
Committee may amend or terminate plan but cannot reduce benefits already incurred.

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