Advanced Energy appoints new CAO, amends incentive plan and severance agreements

ADVANCED ENERGY INDUSTRIES INC

Appointed Bernard Colpitts as SVP, Chief Accounting Officer effective Nov 8, 2023; he receives $100K cash sign-on and $450K RSU grant.
Amended 2023 Omnibus Incentive Plan to add partial vesting acceleration upon participant death.
Amended Executive Severance Agreements to include Singapore law provisions; CEO gets 2x salary+bonus on change-in-control termination, other NEOs 1.5x.
Paul Oldham remains CFO but transfers principal accounting officer role to Colpitts.

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