The company said it approved changes to Michael C. Creedon, Jr.'s compensation in light of his role as Chief Executive Officer on January 16, 2025, and that he entered into a revised executive agreement on January 21, 2025.

1. 01

   The company said it approved changes to Michael C. Creedon, Jr.'s compensation in light of his role as Chief Executive Officer on January 16, 2025, and that he entered into a revised executive agreement on January 21, 2025.

2. 02

   Dollar Tree said the revised executive agreement reflects his role as Chief Executive Officer and replaces the existing executive agreement the company previously had with Creedon.

3. 03

   The company said Creedon's annual base salary as Chief Executive Officer will increase to $1,300,000, and his target annual incentive opportunity will increase to 150% of his base salary.

4. 04

   The company expects Creedon to receive annual long-term incentive awards in fiscal 2025 with an aggregate value of $9,000,000, in line with the company's 2025 executive compensation program generally, it said.

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