Graphic Packaging Holding Company Retention Package for Joseph P. Yost

Graphic Packaging Holding Company (GPHC) has approved a retention package for Joseph P. Yost, Executive Vice President and President, Americas. The package includes a cash retention bonus of $2,000,000 and a grant of Service Restricted Stock Units (RSUs) valued at $2,000,000. The cash bonus is payable on the first regular payday after January 2, 2027, if Mr. Yost remains employed, or upon termination due to death or disability, or by the Company without Cause, or by Mr. Yost for Good Reason. Good Reason is defined to include material diminution of duties, required relocation of over 50 miles, or a base salary reduction exceeding 10% without uniform application. The Service RSUs will vest and become payable on January 2, 2027, provided Mr. Yost remains employed through that date. The agreement also specifies terms related to disability, cause, and good reason for termination, and clarifies that employment remains at-will.