Board Justification

Our compensation program is designed to attract and retain highly qualified executives and to maintain a strong link between pay and the achievement of enterprise-wide goals. We emphasize and reward teamwork and collaboration among executive officers, which we believe fosters Company growth and performance, optimizes the use of enterprise-wide capabilities, drives efficiencies and integrates products and services for the benefit of our customers and other stakeholders.

Board Justification

Annual cash incentive awards are based on three financial metrics (revenue, operating income and cash flow from operations), absolute and relative customer experience (NPS) and employee engagement (EXI) and may be paid if our Company meets or exceeds annual performance goals established for the year as determined by the Compensation and Human Resources Committee.

Board Justification

All other compensation for 2024 includes Insurance Premiums ($15,840), Executive Security ($150,951), and Tax Equalization and Tax Return Preparation ($172,306).

Board Justification

RSUs and performance shares vested during the fiscal year.