CEO Feltheimer gets 2-year extension; equity awards vest if stock reaches $17.50 to $22.50

Lionsgate Studios Corp.

Term extended two years to July 31, 2031; base salary stays $1.5M, target bonus $7.5M.
Granted option for 4.5M shares at $11.07 exercise price and 666,667 RSUs.
Awards vest only if average closing price reaches $17.50, $20.00, or $22.50 within 5 years plus continued employment.
Also entitled to annual equity grants of $10M target value for FY2026-2029.
Enhanced severance: cash severance up to $6M if terminated after change of control.

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