ARB Corporation adjusts CEO pay, launches new long-term incentive plan

ARB Corporation Limited's chief executive, lachlan mccann, will see his fixed remuneration increase from A$1,255,000 to A$1,386,690 annually, effective 1 october 2025. All other material terms of his employment contract remain unchanged.

In addition to the salary adjustment, ARB has issued 22,739 performance rights to its senior management team under a new long-term incentive scheme, including 5,563 rights for mccann. These rights, issued on 28 november 2025 with no acquisition or exercise price, will vest over three consecutive financial years ending 30 june 2028, with the vesting date set for 29 september 2028. Vesting conditions include continued employment (30% of rights) and achieving specific EPS compound annual growth rate targets (70% of rights), with full vesting for EPS CAGR of 7.50% or higher and no vesting below 2.10%.

The Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in ARB Corporation Limited as of 26 november 2025. Their previous notice was given on 27 november 2025.