Peter Konieczny Contract Addendum Dear Peter,

 

Exhibit 10.2

 

 

Strictly Private and Confidential

 

30 April 2025

 

▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇

Contract Addendum

 

Dear ▇▇▇▇▇,

 

I am pleased to confirm the terms of your appointment as Chief Executive Officer effective from 30 April 2025 (the “appointment date”). Please see below detailed terms of this contract addendum (this “Agreement”) and any agreements referred to herein supersede any previous agreements between you and Amcor plc or any of its subsidiaries.

 

Compensation:

 

·

Your salary will remain unchanged at CHF 1,580,190.

·

You will continue to participate in the Management Incentive Plan (“MIP”) with an incentive opportunity at target of 120% of your salary with payouts ranging from 0% to 240% based on individual and company performance.

·

You will continue to participate in the Long-Term Incentive Plan (“LTIP”) based on a grant date fair value of 500% of your salary, effective from the next grant starting July 1, 2025.

·

The existing Equity Management Incentive Plan (“EMIP”) will be cancelled effective from July 1, 2025 and will form part of the LTIP.

·

The terms of the MIP and LTIP are described in the relevant governing documents, including the 2019 Omnibus Management Share Plan, and may be modified by Amcor from time to time.

 

Minimum shareholding policy: You will be required to retain any shares delivered from Amcor's equity incentive programs to build and maintain a holding of Amcor shares equivalent to five (5) times your base salary.

 

Your sincerely,

 

▇▇▇▇▇▇ ▇▇▇▇▇▇▇

Chairman

Amcor plc

 

For and on behalf of Amcor

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OFFER ACKNOWLEDGEMENT AND ACCEPTANCE

 

I, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, hereby acknowledge receipt of this Agreement (including the Restrictive Covenants Agreement and any other attachments referenced therein) and accept the position of Chief Executive Officer with Amcor. By signing this Agreement below, I accept this offer of employment from Amcor, on the terms and subject to the conditions set forth in this Agreement.

 

/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇		April 30, 2025
Signature		Date