Board Justification

The Compensation Committee believes that our executive compensation program supports our philosophy of attracting, retaining, motivating and rewarding a high-caliber executive team. Further, the design of the incentive programs emphasizes growth and alignment with long-term stockholder interests via restricted stock units and performance stock units.

Board Justification

Mr. Weaver participated in the same short-term incentive plan as the other NEOs except that he received fully vested shares of our common stock shortly following determination of our results rather than at the time of adopting the short-term incentive plan. Our Adjusted EBITDA for 2024 exceeded our tranche three performance level and our leverage ratio was below 3.0 times; accordingly on February 28, 2025, Mr. Weaver received 13,131 fully vested shares of our common stock based on a closing stock price of $30.46 on such date.

Board Justification

Car allowance, company car gross up, phone allowance, and executive long-term disability insurance.

Board Justification

Mr. Weaver received 13,131 fully vested shares of our common stock on February 28, 2025, because the Adjusted EBITDA for 2024 exceeded our tranche three performance level and our leverage ratio was below 3.0 times.