ADOBE INC. (ADBE)

All Eligible Participants — Equity Incentive Plan | Plan purpose is to attract, retain, and reward Employees, Directors, and Consultants by providing various equity and cash-based Awards (Options, SARs, Stock Purchase Rights, Stock Grants, Restricted Stock Units, Performance Shares, Performance Units).; Maximum aggregate number of shares of Stock that may be issued under the Plan is 76,000,000.; Share reserve reduction: 1 share for each share issued pursuant to Options or SARs, and 1.77 shares for each share issued pursuant to other Awards. Shares withheld for tax obligations do not return to the reserve.; Employee annual award limits (per fiscal year, subject to adjustment): Options & Freestanding SARs (up to 4,000,000 shares); Stock Awards (up to 1,500,000 shares); Performance Shares (up to 1,500,000 shares); Performance Units (up to $2,500,000).; Non-employee Director annual award limit (per fiscal year, solely for service as Director): Up to $1,500,000 in aggregate value of cash-based and other Awards.; Option exercise price: Generally, not less than Fair Market Value on the grant date. For Ten Percent Owners, Incentive Stock Options must have an exercise price not less than 110% of Fair Market Value.; Option/SAR term: Generally, no Option or Freestanding SAR exercisable after 7 years from grant date (5 years for Incentive Stock Options granted to Ten Percent Owners).; Clawback provision: All Awards are subject to recoupment in accordance with Company clawback policies (including those required by Dodd-Frank) and discretion of the Committee for other clawback, recovery, or reacquisition rights.; Change of Control (COC) provision: Committee or Board may provide for accelerated vesting/exercisability/payability. If an Acquiror does not assume or substitute awards, unexercised/unvested portions become fully exercisable/vested immediately prior to the effective date of the COC. Vesting for performance-based awards is determined based on prior achievement, unless the Committee determines otherwise.

Scott Belsky — Resignation

Shantanu Narayen — Change-in-Control | Eligible for severance benefits in the event of certain terminations of employment upon or after a change of control.; Severance includes an earned but unpaid bonus for the year prior to termination.; Entitled to 24 months of salary and target bonus.; Entitled to a lump sum payment equal to 18 months of COBRA premiums.; Accelerated vesting of all outstanding equity awards, subject to performance achieved as of the change of control.; Benefits are conditioned upon signing a release of claims.; The plan expires on December 13, 2026.

Daniel Durn — Change-in-Control | Eligible for severance benefits in the event of certain terminations of employment upon or after a change of control.; Severance includes an earned but unpaid bonus for the year prior to termination.; Entitled to 24 months of salary and target bonus.; Entitled to a lump sum payment equal to 18 months of COBRA premiums.; Accelerated vesting of all outstanding equity awards, subject to performance achieved as of the change of control.; Benefits are conditioned upon signing a release of claims.; The plan expires on December 13, 2026.

Anil Chakravarthy — Change-in-Control | Eligible for severance benefits in the event of certain terminations of employment upon or after a change of control.; Severance includes an earned but unpaid bonus for the year prior to termination.; Entitled to 24 months of salary and target bonus.; Entitled to a lump sum payment equal to 18 months of COBRA premiums.; Accelerated vesting of all outstanding equity awards, subject to performance achieved as of the change of control.; Benefits are conditioned upon signing a release of claims.; The plan expires on December 13, 2026.

David Wadhwani — Change-in-Control | Eligible for severance benefits in the event of certain terminations of employment upon or after a change of control.; Severance includes an earned but unpaid bonus for the year prior to termination.; Entitled to 24 months of salary and target bonus.; Entitled to a lump sum payment equal to 18 months of COBRA premiums.; Accelerated vesting of all outstanding equity awards, subject to performance achieved as of the change of control.; Benefits are conditioned upon signing a release of claims.; The plan expires on December 13, 2026.

Scott Belsky — Change-in-Control | Eligible for severance benefits in the event of certain terminations of employment upon or after a change of control.; Severance includes an earned but unpaid bonus for the year prior to termination.; Entitled to 24 months of salary and target bonus.; Entitled to a lump sum payment equal to 18 months of COBRA premiums.; Accelerated vesting of all outstanding equity awards, subject to performance achieved as of the change of control.; Benefits are conditioned upon signing a release of claims.; The plan expires on December 13, 2026.

Shantanu Narayen Cash Incentive – 2024 Cash Incentive Plan