Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 15, 2022, Biggs C. Porter announced his intention to retire in 2023 from his position as Executive Vice President, Chief Financial Officer of Maxar Technologies Inc. (the "Company"). The Company has initiated a search for a new Chief Financial Officer.

In connection with Mr. Porter's announcement, Mr. Porter and the Company entered into a letter agreement, dated September 15, 2022 (the "Letter Agreement"), pursuant to which Mr. Porter has agreed to continue in the role of Chief Financial Officer of the Company until the earlier of the appointment of his successor or March 31, 2023 and to provide transition support in a consulting role through March 31, 2024 to ensure an orderly transition of his responsibilities. In consideration of the foregoing, (i) Mr. Porter will remain eligible for a short-term incentive bonus from the Company with respect to 2022; (ii) the equity awards previously granted by the Company to Mr. Porter will continue to vest while he is providing such consulting services to the Company; and (iii) Mr. Porter will vest two-thirds of his performance stock units granted by the Company in 2022. Mr. Porter is not entitled to any additional compensation during the period of his consulting services.

The foregoing description of the Letter Agreement is qualified in its entirety by reference to the full text of the Letter Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.




Item 7.01.     Regulation FD Disclosure.

On September 15, 2022, the Company issued a press release announcing the retirement of Mr. Porter as disclosed in Item 5.02 of this Current Report on Form 8-K. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

The information contained in this Item 7.01 and in the accompanying Exhibit 99.1 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.



Item 9.01.     Financial Statements and Exhibits.

(d)Exhibits.

Exhibit No.    Description
                 Letter Agreement, dated September 15, 2022, between Maxar
10.1           Technologies Inc. and Biggs C. Porter
99.1             Press Release issued September 15, 2022
               Cover Page Interactive Data File (embedded within the Inline XBRL
104            document)

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