Inter Parfums raises CEO Jean Madar's annual compensation from $1.23M to $2.0M, effective Jan 1, 2023

INTERPARFUMS INC

Aggregate salary/fees for CEO Jean Madar increased from $1.230M to $2.0M per year, effective January 1, 2023.
Effective April 1, 2023, all fees paid directly to Jean Madar Holding SAS, with Q1 2023 salary credited against the $2.0M total.
Approved by Board and Compensation Committee; Audit Committee also approved as a related-party transaction.
Amendment to Service Agreement with Jean Madar Holding SAS executed March 28, 2023.

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