Asia-Pacific-based team members DO NOT need to formally ‘accept’ their awards in E*TRADE — these will be issued automatically. However, we encourage you to log in to E*TRADE and view the grant as issued.

Selected permanent salaried team members based in Australia, New Zealand, and Singapore may be eligible to receive Lineage Legacies Program awards in the form of Restricted Stock Units (RSUs). Eligibility is limited to specific roles and criteria, including hire date and employment status as of the grant date. Those who qualify will be notified directly. If you have any questions regarding your eligibility, please reach out to your local HR partner.

Your award’s worth will be tied to the current value of Lineage's publicly traded stock (ticker: LINE) multiplied by the number of units you are holding. Together with our team members, we hope to continue to grow the value of Lineage and its stock through our combined efforts to deliver strong financial results. That said, growth is not guaranteed and will require the sustained hard work of our entire team.

Eligible Australian, New Zealand and Singapore based team members will receive a grant of Restricted Stock Units (RSUs) dependent on your role on the grant date. Your grant amount will be communicated to you, and then available to see in the E*TRADE platform approximately 4 weeks after the grant date.

Team members will need to provide a functional email address to view and/or access their Legacies grants. If you do not have one, you will need to create one and add that email address as your “Home (Primary)” email address in Workday. This is a requirement so that E*TRADE can provide essential notifications and documentation to you regarding your award.

The current Legacies Program award is a one-off grant at this stage. While the program may evolve over time, there is no commitment to ongoing or annual grants. Future awards will be reviewed and determined based on company priorities and performance.

An RSU or Restricted Stock Unit is a right to a share of a company's stock (in this case, Lineage common stock) once any vesting criteria has been satisfied by the participant. Refer to this overview from Morgan Stanley which breaks out the basics of what RSUs are and how they work.

Lineage Legacies grants are subject to vesting requirements over three years--with one third of the grants vesting and issuing as LINE stock each year. Accordingly, the team member must remain employed by Lineage up until the vesting date to receive the common stock.

Example: If a participant is granted 30 RSU shares in October 2025, the RSUs will vest in 1/3 on each anniversary of the grant date — 10 shares in October 2026, 10 shares in October 2027, and 10 shares in October 2028. If the team member leaves the company in September 2026, the participant forfeits all 30 RSUs. No shares will vest. If the participant leaves Lineage in November 2026 or later, any shares vested before the participant's departure will have been distributed as common stock, and any remaining unvested RSUs will be forfeit.

Any vested portion of awards are yours and are not subject to any further service requirement at Lineage. Any unvested Restricted Stock Units (RSUs) require that you remain employed by Lineage through the vesting date; if you were to leave the company prior to that vesting date for any reason including redundancy, your RSUs would be forfeited.

No - there's no cost to you. RSUs are a reward from Lineage, not something you have to buy.  The only time you may have a financial impact is when the shares vest or when you decide to sell them, as the value of the vested RSUs is considered as income and will need to be included in your taxes at the end of the year.

No, the Legacies program is separate from the annual merit review process. Merit reviews will continue to be conducted separately and consider a range of factors including market data, company performance, and individual performance. While equity awards such as those offered through the Legacies program are not part of the merit process, they do provide “value,” so employees who receive these awards should consider these alongside their remuneration package when assessing competitiveness of the Lineage offer in the market.