Board Justification

With the goal of building long-term value for stockholders, our executive compensation program is designed to: attract and retain executives with the leadership skills, attributes and experience necessary to succeed in an enterprise with our complexity and global footprint; motivate executives to perform consistently at or above the levels that we expect, over the long-term and through a range of economic cycles; and link compensation to the achievement of corporate goals that we believe best correlate with the creation of long-term stockholder value.

Board Justification

The 2024 CFF for Messrs. Keel was based on Envista’s performance against (i) core sales growth, (ii) adjusted EBITDA margin, and (iii) adjusted free cash flow to adjusted net income ratio. In 2024, actual performance against the Revised 2024 ICP was between the target and maximum level for each of the core sales growth and adjusted EBITDA margin measures and above the maximum level for the adjusted free cash flow ratio measure, resulting in a CFF for these executives of 105% of target.

Board Justification

Includes $196,862 in relocation costs and $152,131 for the related gross-up, $3,150 in tax advisory fees and $2,635 for the related gross-up, and the 401(k) Company contribution of $13,800.

Board Justification

Calculated by multiplying the number of corresponding shares acquired by the closing price of the Common Stock as reported on the NYSE on the vesting date (or on the last trading day prior to the vesting date if the vesting date was not a trading day).