Iridium approves 2025 Performance Bonus Plan with executive target percentages

Iridium Communications Inc.

CEO Desch target bonus 100% of base salary; COO McBride 80%, CFO O'Neill 65%, EVP Scheimreif 65%.
Bonus based on Operational EBITDA, strategic goals, and network/quality metrics.
First 60% of target paid in RSUs granted March 1, 2025, vesting March 2026 on performance.
Excess portion paid in cash by March 15, 2026; maximum total payout 200% of target.
Bonuses subject to recoupment under Company's Incentive Compensation Recoupment Policy.

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