MARA Holdings approves new RSU/PSU award agreements with modified vesting and performance targets

MARA Holdings, Inc.

RSUs: 30% vest immediately on grant date; remaining 70% vest in equal installments over three years.
PSUs subject to performance targets: Hashrate Hours, Total Exahash, Megawatts (Operational PSUs) or relative TSR.
Operational PSUs vest quarterly over three years starting Q1 of year 2; Relative TSR PSUs vest fully at two years.
Maximum payout for PSUs is 249% of target shares; change-of-control provisions accelerate vesting at target.
New forms approved on February 28, 2025 under the Amended and Restated 2018 Equity Incentive Plan.

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