Vestis raises Corvex's beneficial ownership limit to 20% in standstill amendment

Vestis Corp

Beneficial ownership limit increased from 15% to 20%; economic exposure limit from 17% to 20%.
Standstill provisions remain in effect while Keith Meister serves on Vestis's board.
Amendment signed May 5, 2025 between Vestis, Corvex Management LP, and Keith Meister.
No other terms of the June 2024 Letter Agreement were modified.

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