Wendel sets David Darmon exit payments cap at EUR 3.07 million

• Wendel set revised exit pay terms for CEO David Darmon, effective Nov. 30, 2026, following a governance change.
• Total termination payments capped at 24 months of average fixed and variable pay, valued at EUR 3.07 million.
• Mandate termination payment set at 18 months of average fixed pay, valued at EUR 1.16 million, pending a 2027 shareholder vote.
• Presence condition waived for previously granted stock options, performance shares; vesting remains subject to performance targets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wendel SE published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608031135OMX_____CNEWS_EN_GNW1001255833_en) on August 03, 2026, and is solely responsible for the information contained therein.