Bloomin' Brands grants CEO Michael Spanos $2M performance stock units as special retention award

Bloomin' Brands, Inc.

Target grant date fair value of $2,000,000 in performance stock units to CEO Michael Spanos.
Vests on three-year anniversary of February 27, 2026 based on comparable sales and Adjusted EBITDA metrics.
Payout opportunity ranges from 1% to 200% of target, subject to continued employment through vesting date.
If terminated without cause, continued vesting subject to one-year noncompetition and other restrictive covenants.

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