T. Rowe Price renews OHA CEO Glenn August employment agreement with new incentive structure

PRICE T ROWE GROUP INC

Glenn August remains OHA CEO; base salary $350,000 unchanged.
For 2027, August awarded 16.333% of OHA Partner Cash Compensation Pool.
Supplemental Compensation Pool funded up to $20M annually (2027-2030) for certain OHA Partners.
Value Creation Incentive Plan (VCI) established; August awarded 8.166% of 2027 VCI Pool.
Severance: 12 months base salary continuation plus prorated bonus and COBRA subsidy if terminated without cause or for good reason.

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