Traeger cancels unearned PSUs for CEO, CFO, COO; grants CEO performance shares tied to EBITDA or $18 stock price

Traeger, Inc.

Cancelled 4,150,910 unearned PSUs for CEO Jeremy Andrus, 153,333 for CFO Dominic Blosil, 93,333 for COO James Hardy.
Granted 1,037,728 performance shares to CEO Andrus under 2021 Incentive Plan.
Performance shares vest if FY2023 adjusted EBITDA goal met; otherwise based on $18.00/share stock price by Aug 2031.
Andrus must hold vested shares for two years; 83(b) election required.

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