Equinix Inc. has adopted a new Executive Severance Plan, providing severance payments and benefits to eligible executives, including all executive officers except the CEO. The company also amended the CEO's severance agreement to align it more closely with the new plan, including continued vesting of equity awards for 12 months following termination and up to $10,000 in outplacement services. Additionally, Equinix approved the 2026 Global Annual Incentive Plan for eligible employees, including executive officers. Under the plan, annual target bonuses will range from 100% to 200% of base salary, payable in fully vested restricted stock units for U.S.-based executives. Bonus payouts are determined by company performance against revenue and adjusted funds from operations per share goals, with a cap at 132% of the target bonus. A strategic modifier based on interconnection revenue growth and environmental and social metrics will also apply for leaders at the VP level and above.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equinix Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001101239-26-000035), on February 12, 2026, and is solely responsible for the information contained therein.