On November 1, 2023, Brad Crandell and Vista Outdoor Inc. entered into a severance agreement under the Company?s Executive Severance Plan due to Mr. Crandell?s termination without cause by the Company, effective as of November 3, 2023. Under the Severance Agreement, Mr. Crandell will receive the following severance benefits: (i) the compensation to which he was entitled under the Company?s Executive Severance Plan, (ii) a lump sum payment equal to $20,000 to offset the cost of continuing health coverage and cost of outplace services, (iii) full acceleration of unvested restricted stock units and (iv) eligibility to vest in a pro-rated portion of unvested performance-based restricted stock units in accordance with the terms of the applicable award agreements. The Separation Agreement also contains restrictions on disclosing confidential information, competing with the Company and soliciting the Company?s employees.