Arlo Technologies amends 2018 equity plan to reserve 1.5M shares for inducement awards to new hires

Arlo Technologies, Inc.

Board unanimously approved amendment on August 11, 2022, to reserve an additional 1,500,000 shares for inducement awards to new employees under NYSE Rule 303A.08.
Inducement awards are exclusively for individuals who were not previously employees or non-employee directors, or after a bona fide period of non-employment.
Amendment adopted without stockholder approval as permitted by NYSE rules for inducement grants.
Full text of amended 2018 Equity Incentive Plan filed as Exhibit 10.1.

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