ADTRAN Holdings Establishes 3-Year Performance Share Agreement for 2026-2028, Linking Vesting to Adjusted EBIT and Total Shareholder Return

ADTRAN Holdings, Inc. has established a new 3-Year Performance Shares Agreement for the period spanning January 1, 2026, to December 31, 2028, under its 2024 Employee Stock Incentive Plan. This agreement ties the vesting of Restricted Stock Units (Performance Shares) to the achievement of specific performance goals, primarily Adjusted EBIT, with an additional adjustment based on Total Shareholder Return (TSR). The initiative aims to align employee incentives with long-term company performance and shareholder value creation, with awards subject to forfeiture if threshold performance levels are not met. The Committee retains sole discretion in determining the achievement of these goals and the number of shares earned.