SNX · TD SYNNEX Corporation

TD SYNNEX Corporation entered into an updated offer letter with Dennis Polk, effective December 1, 2025, formalizing his role as Chair of Hyve Solutions Holdings. The compensation package includes a base salary of $840,000, an annual incentive bonus targeted at 100% of base salary, and an equity award valued at approximately $1.5 million, split 60% time-based restricted stock and 40% performance-based restricted stock units. The severance provisions provide salary continuation for 12 months (or 24 months in connection with a change of control) and acceleration of 80% of unvested equity awards, excluding certain long-term performance-based grants. This arrangement aligns Polk's incentives with company performance and retains key leadership for the Hyve Solutions subsidiary.