KTB declares $0.53 dividend; adopts exec severance plan with 24-month CEO pay

Kontoor Brands, Inc.

Quarterly dividend of $0.53/share, payable March 20, 2026 to holders of record March 10, 2026.
New Executive Severance Plan covers named executive officers; CEO eligible for 24 months base salary continuation and 18 months COBRA.
EVPs eligible for 18 months salary continuation, 12 months COBRA; SVPs/others get 12 and 9 months respectively.
Qualifying termination requires no cause or good reason; benefits subject to release and restrictive covenants.

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