Common Contracts

STIPULATION AND AGREEMENT OF SETTLEMENT

November 23rd, 2021

• Filed
  November 23rd, 2021

This Stipulation and Agreement of Settlement, dated as of November 23, 2021 (the “Stipulation”) is entered into between (a) DeKalb County Employees Retirement System (“DeKalb”) and New Orleans Employees’ Retirement System (“New Orleans”) (collectively, “Lead Plaintiffs”), on behalf of themselves and the Class (defined below); and (b) defendants Mattel, Inc. (“Mattel” or the “Company”), Margaret H. Georgiadis, Joseph J. Euteneuer, Kevin Farr (together with Mattel, the “Mattel Defendants”); PricewaterhouseCoopers LLP (“PwC”), and Joshua Abrahams (together with the Mattel Defendants and PwC, the “Defendants”), and embodies the terms and conditions of the settlement of the above-captioned action (the “Action”).1 Subject to the approval of the Court and the terms and conditions expressly provided herein, this Stipulation is intended to fully, finally and forever