The LTIP. 7.1.1 Viavi consents for the purposes of Rule 21.1 of the Code to the Target granting further awards under the LTIP on or around March 2024 (subject to dealing restrictions) (the “2024 Awards”):
The LTIP. 7.1.1 The Target will grant further awards under the LTIP or, if it is approved at the AGM, the New LTIP, on or around March 2025 if that occurs before the Effective Date (subject to dealing restrictions) (the “Future LTIP Awards”) in the ordinary course of business and in accordance with its usual practice in terms of recipients, quantum and performance conditions (as varied by the New LTIP and New Remuneration Policy if they are approved at the AGM in accordance with the parameters set within them).
