MARA adopts new RSU/PSU agreements tying executive pay to megawatt capacity and recurring revenue

MARA Holdings, Inc.

RSUs vest over 11 quarterly installments from April 2026 to Dec 2028, subject to continued employment.
PSUs tied to FY2026 metrics: Economic Triad Megawatt Capacity and Annual Recurring Revenues; payout up to 249% of target.
Earned PSUs: 1/3 settles after certification, remaining 2/3 vest in two annual installments on anniversaries.
Relative TSR modifier over 3-year period (2026-2028) adjusts payout; aggregate LTIP payout capped at 200% of target.
Change in control: unvested PSUs treated like RSUs with performance deemed at target.

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