Concentrix Adopts Amended Executive Severance Plan

Concentrix Corporation's Board of Directors adopted an Amended and Restated Executive Severance Plan on July 23, 2026. This new plan replaces the previous Change of Control Severance Plan, following a review to align executive compensation with market practice. The updated plan modifies severance for executive officers, providing two times the sum of base salary and target bonus for terminations related to a change of control, and one time the sum of base salary and target bonus for terminations outside of a change of control. It also incorporates a "best-net" Section 280G cut-back provision.