Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
H&R Block, Inc. (the "Company") announced that effective as of May 11, 2023,
Karen A. Orosco will no longer serve as the Company's President, Global Consumer
Tax and Service Delivery and will depart the Company as of July 1, 2023.
The circumstances of Ms. Orosco's departure qualify her for severance benefits
under the terms of the H&R Block, Inc. Executive Severance Plan, amended and
restated effective May 9, 2022 (the "Plan"), subject to her execution of a
Severance and Release Agreement in the form included in the Plan. The Plan is
described in the Company's Definitive Proxy Statement filed on September 22,
2022 and a copy of the Plan is filed as Exhibit 10.1 to the Company's
quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2022, which
is incorporated herein by reference.
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