Rimini Street grants $4M in LTI awards to CEO/CFO; raises CEO salary to $475K

Rimini Street, Inc.

CEO Seth Ravin receives $3M LTI: 50% PSUs, 30% RSUs, 20% options.
CFO Michael Perica receives $1M LTI: 50% PSUs, 20% RSUs, 40% options.
CEO base salary raised $25K to $475K; target annual incentive increased to $475K.
CFO target annual incentive raised from $241K to $265K; base salary unchanged at $360K.
PSUs vest over 3 yrs based on 2023 adjusted EBITDA and revenue goals; RSUs/options vest ratably.

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