PLBY enters retention agreements with CEO, CFO, GC; awards 1.7M RSUs total

Playboy, Inc.

CEO Ben Kohn receives 1,000,000 RSUs; CFO Marc Crossman and GC Chris Riley receive 350,000 RSUs each.
2025 RSUs vest April 30, 2026; 2026 grants (same amounts) subject to Compensation Committee approval.
If change in control occurs before 2026 grants, executives get cash equal to share value times unissued RSUs.
Termination without cause before 2026 grants triggers cash payout at market value per share.
Agreements replace prior 2024 retention letter; 2024 and 2025 grants already awarded.

item 5.02item 9.01

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