ENERPAC TOOL GROUP CORP — Form 10-K

Enerpac amended and restated its Non-Qualified Deferred Compensation Plan effective January 1, 2025 (previously the Actuant Corporation plan, original effective December 1, 2002). The Supplemental Executive Retirement Plan was last amended October 25, 2022 and provides 3–6% annual company contributions based on age plus years of service, with immediate vesting on 5 years of service, death, disability, or age 60. Three change-of-control agreement templates (Exhibits 10.11(a), (b), (c)) govern severance: executives receive 2× base salary plus 2× highest bonus (over 3 years) if terminated within 6 months before or 24 months after a change of control; equity fully vests at target; and 24 months of benefits continuation (not COBRA-dependent). No dollar amounts, specific participants, or effective dates for individual agreements are disclosed.