Take-Two’s compensation committee approved a deferred compensation plan in Aug 2025 allowing eligible employees to defer up to 50% of base salary

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Take-Two Interactive’s compensation committee approved a form of a nonqualified deferred compensation plan on Aug 29, 2025 for certain key employees, including its named executive officers, to take effect on Sep 1, 2025. Take-Two said eligible employees would be able to defer up to 50% of base salary and up to 90% of any annual cash bonus through an irrevocable election, and eligible directors up to 100% of any cash board retainers and meeting fees. It also said it would not match what participants deferred, and that it was free to make discretionary contributions at times and in amounts of its choosing. Take-Two disclosed the Aug 29 approval in an 8-K, a US company’s report of a material event, which attached the plan.1^,2^,3^,4^,5^,6