CVS HEALTH CORPORATION EXECUTIVE OFFICER CASH SEVERANCE POLICYMay 15th, 2024
FiledMay 15th, 2024CVS Health Corporation and its subsidiaries (collectively, the “Company”) will not enter into any new employment agreement, severance agreement or separation agreement with any executive officer (as defined under Rule 16a‐1(f) of the Securities Exchange Act of 1934, as amended, hereafter “Executive Officer”) of the Company or establish any new severance plan or policy covering any Executive Officer of the Company, in each case that provides for Cash Severance Benefits exceeding 2.99 times the sum of the Executive Officer’s Base Salary and Target Bonus, without seeking stockholder ratification or approval of such agreement, plan or policy.