Events are just DTOs. It doesn't matter how the model changes as long as you still have one object, if the event itself doesn't change. If you need to change the event, you can 'upgrade' it with the required properties. The Apply method will know what to do with it. I can't come up with something specific without knowing details.
If the model changes so much that basically now you have 2 Aggregate Roots(AR) instead of a previous one, this means you have new different aggregates which won't be using the old events. Basically you start from the old AR, create the new ones and generate the corresponding events which will be specific to those ARs. So you don't really have a compatibility problem in this case.
Working with events is not as straightforward as 'classic' OOP and RDBMS schema, but they are more flexible if you think in business terms and treat your objects as domain concepts. Changing the model means the business concept definition or usage has changed as well, so now you're dealing with a different (new as far as the persistence is concerned) concept.