June 18, 2024 Corvex Management LP New York, New York 10065 Attn: Keith Meister Ladies and Gentlemen:Standstill Agreement • June 20th, 2024 • Vestis Corp • Wholesale-miscellaneous nondurable goods • Delaware
Contract Type FiledJune 20th, 2024 Company Industry JurisdictionVestis Corporation (the “Company”), on the one hand, and Keith A. Meister and Corvex Management LP (“Corvex,” and together with Mr. Meister, the “Corvex Group”), on the other hand, have mutually agreed to the terms contained in this letter (this “Letter Agreement”). For purposes of this Letter Agreement, we refer to each of the Company, Mr. Meister and Corvex as a “Party” and, collectively, as the “Parties.”