TKO: 10-Q financial filing

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Administrative Officer Stepping Down On October 29, 2026, Seth Krauss, Chief Administrative Officer and Senior Counsel and a named executive officer of TKO Group Holdings, Inc. (the “Company”), notified the Company he was stepping down from such position, effective November 4, 2026 (the “Transition Date”). Following the Transition Date, Mr. Krauss will remain employed with the Company until January 15, 2027 in a non-executive officer role as Senior Counsel, pursuant to the terms and conditions of his existing employment agreement (other than with respect to his position and duties). Amendment to Employment Agreement with Mr. Schleimer On November 2, 2026, the Company entered into an amendment to Andrew Schleimer’s existing employment agreement (the “Schleimer Amendment”), which, absent the Schleimer Amendment, would have expired on December 31, 2026. The following represents a summary of the material terms of the Schleimer Amendment. The Schleimer Amendment extends the term of Mr. Schleimer’s employment agreement to December 31, 2031 and provides for increases to Mr. Schleimer’s base salary and target bonus, effective January 1, 2027, to $2,500,000 each. In addition, on or promptly following the effectiveness of the Schleimer Amendment, Mr. Schleimer will receive an equity award of restricted stock units with a value of approximately $10,000,000 that will vest in five approximately equal installments on each of the one-year, two-year, three-year, four-year and five-year anniversaries of the effectiveness of the Schleimer Amendment, subject to Mr. Schleimer’s continued employment through the applicable vesting