Company: CRL
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001104659-25-030908
Chunk: 95

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 95
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 | ​ | ​ | ​ | ​ | ​        | ​ | 50,000 | ​ | ​ | ​ | ​ | ​     | ​ |  7,618,939 | ​ | ​ | ​ |

(1) Equity value following a change in control reflects the value of all unvested stock options, restricted stock, RSUs, and performance awards, assuming that all options, restricted stock, RSUs, and performance awards outstanding as of the date of the change in control accelerate and, in the case of options, become fully exercisable (using our closing stock price on our last trading day of our fiscal year, December 27, 2024, of $186.16). (2) Reflects maximum payment for professional outplacement services

70

2024 Pay Ratio Disclosure Pay Ratio In accordance with the requirements of Section 953(b) of the Dodd-Frank Act and Item 402(u) of Regulation S-K (which we collectively refer to as the Pay Ratio Rule), we are providing the following estimated information for 2024: • the median of the annual total compensation of all our employees (except our Chief Executive Officer) was $55,870; • the annual total compensation of our Chief Executive officer was $13,473,609; and • the ratio of these two amounts was 241 to 1. We believe that this ratio is a reasonable estimate calculated in a manner consistent with the requirements of the Pay Ratio Rule. SEC rules for identifying the median employee and calculating the pay ratio allow companies to apply various methodologies and apply various assumptions and, as a result, the pay ratio reported by us may not be comparable to the pay ratio reported by other companies. Methodology for Identifying Our “Median Employee” Employee Population To identify the median of the annual total compensation of all of our employees (other than our Chief Executive Officer), we first identified our total employee population from which we determined our “median employee.” We determined that, as of November 1, 2024, our employee population consisted of 19,649 individuals (of which approximately 9,745 were located in the United States and 9,904 were located in jurisdictions outside the United States). Our employee population consisted of our global workforce of full-time, part-time, seasonal and temporary employees, as described in more detail below. We selected November 1, 2024, which is within the last three months of 2024, as the date upon which we would identify the “median employee” to allow sufficient