Extension of Letter of Assignment for Stephane de Montlivault, effective October 1, 2023

We are pleased to confirm the details of your Local Plus Assignment Extension. We hope this international experience continues to be both professionally and personally rewarding. This Letter of Assignment (“LOA”) extension letter details the terms and general conditions applicable to your Assignment Extension, as summarized below:

Your two (2) year Assignment Extension is subject to your obtaining and maintaining any required immigration and/or work permit extensions required by your Destination Country and returning a signed copy of this LOA extension letter to the Company.

The duration of your Assignment Extension remains subject to revision in accordance with business needs and may be ended sooner, at Otis’ sole discretion. All other terms and conditions outlined in your LOA dated December 18, 2019 will remain in effect for the period of your Assignment Extension.

Please indicate your agreement by signing below and returning this Extension Agreement as soon as possible.

I have reviewed the general terms and conditions of my International Assignment Extension outlined above and by signing below, accept these conditions.