TELEFLEX INCORPORATED (TFX)

Offer Letter | Base salary of $587,000.; Annual incentive plan target award equal to 75% of base salary.; Long-term incentive award opportunity of $1,890,000.; Severance arrangement providing 24 months of base salary upon termination without cause or resignation for 'good reason' (excluding change-in-control scenarios).; Change-in-control protection providing 24 months of base salary plus 2x target bonus if termination occurs within two years following a change in control.; Benefits including automobile allowance, term life insurance (3x base salary up to $2 million), financial planning, annual executive health assessment, and deferred compensation plan participation.

Consulting Agreement | Consulting term of one year, from April 2, 2025 through March 31, 2026.; Total consulting fee of $542,644, payable in twelve equal monthly installments, based on estimated 240 hours at $2,261 per hour.; Hourly rate of $2,261 for any consulting work performed in excess of the estimated 240 hours.; 2025 equity grant with a grant date value of $1 million in lieu of standard annual equity award.; 2025 equity grant composition: 55% options, 25% RSUs, and 20% PSUs.; Equity awards vest on March 31, 2026, contingent upon continued service under the consulting agreement.

Liam J. Kelly option (Grant FV $2,886,518, Exercise $130.79)

Liam J. Kelly stock (Grant FV $1,333,404)

Liam J. Kelly Equity award (8,705 target units, 87 threshold, 21,763 maximum, Grant FV $672,200)

John R. Deren option (Grant FV $757,730, Exercise $130.79)

John R. Deren stock (Grant FV $349,994)

John R. Deren Equity award (2,285 target units, 23 threshold, 5,713 maximum, Grant FV $176,448)