Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
In recognition of the extraordinary sacrifices and efforts made in 2020, and
anticipated to be made in 2021, by associates of Advantage Solutions Inc. (the
"Company") in dealing with challenges caused by the COVID-19 pandemic, Tanya
Domier, the Company's chief executive officer, advised the Compensation
Committee of the Board of Directors ("Committee") that it would best serve the
Company for her not to receive her full salary in 2020. On December 30, 2020,
the Committee determined with the support of Ms. Domier to reduce her base
salary for 2020 by $500,000 that would otherwise have been payable under her
employment agreement.
This decision does not modify Ms. Domier's 2021 compensation or any rights under
her employment agreement determined by reference to her base salary; such
provisions will continue to be applied based on the stated base salary payable
under her employment agreement.
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