LiveWire Group, Inc. — Form 10-Q

LiveWire amended its Executive Severance Plan effective August 1, 2026, and also amended RSU award agreements to add new vesting provisions tied to change-of-control scenarios. Key changes: (1) severance multiples remain 18–24x monthly base salary for executives depending on change-of-control status; (2) new RSU provision grants full acceleration of unvested units if employee experiences qualifying termination within 2 years of a change in control AND the RSU was assumed/converted in that change (except if Harley-Davidson acquires 100% ownership, in which case no acceleration occurs for non-CEO employees); (3) Harley-Davidson, currently a majority shareholder, receives carve-out treatment preventing change-of-control vesting unless its ownership drops below 50% or it acquires remaining shares. No specific dollar amounts, share counts, or employee names disclosed in exhibits.