Dollar Tree, Inc. appointed Aditya Maheshwari, age 49, as Senior Vice President and Chief Accounting Officer of the Company. Mr. Maheshwari replaces Kathleen E. Mallas, who resigned as the Company?s principal accounting officer in May 2023. Since 2019, Mr. Maheshwari has served as Chief Accounting Officer, Corporate Controller, Treasurer and Senior Vice President-Finance, of Under Armour, Inc., a leading apparel company that develops, markets and distributes performance apparel, footwear and accessories for men, women and youth.

Previously, Mr. Maheshwari served as Chief Accounting Officer and Senior Vice President-Finance of OpenText Corporation from 2016 to 2019. Mr. Maheshwari is a Chartered Professional Accountant (Ontario, Canada), Certified Public Accountant (Colorado, United States of America) and Chartered Accountant (India). Mr. Maheshwari will receive an annual base salary of $460,000, subject to annual adjustment.

Mr. Maheshwari will also be eligible for an annual cash incentive bonus under the Company?s management incentive compensation plan, based on performance criteria established by the Compensation Committee of the Company?s Board of Directors. Mr. Maheshwari?s target annual cash incentive bonus is 50% of his base salary. For fiscal 2023, the amount paid to Mr. Maheshwari will be prorated based on the length of his service during the fiscal year.

Beginning in fiscal 2024, Mr. Maheshwari will also be eligible to receive an annual long-term equity incentive award commensurate with awards granted to other senior vice presidents of the Company.