Company: EME
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015031
Chunk: 48

Company: EMCOR Group, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 48
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174 |     | $1,232,403 |     |   $788,982 |     |   $904,851 |     |   $632,050 |
| Change in fair value of awards granted in prior years that remain outstanding and unvested as of year-end |     |   $1,032,362 |     |   $848,210 |     |   $300,019 |     | $1,166,990 |     |   $176,081 |
| Change in fair value of awards granted in prior years that vested in the current year                     |     |     $955,121 |     |       $938 |     | $(369,029) |     |  $(14,261) |     |     $2,514 |
| Average Compensation Actually Paid                                                                        |     |   $6,099,851 |     | $5,503,974 |     | $3,977,758 |     | $5,245,458 |     | $3,846,234 |

33

The following graphs summarize the relationships between (i) executive compensation actually paid and total shareholder return (“TSR”) (with a comparison of TSR between the Company and our peer group as discussed above); (ii) executive compensation actually paid and the Company’s net income; and (iii) executive compensation actually paid and our adjusted earnings per share, which is our Company-Selected Measure as discussed above; in each case, across our last five (5) completed fiscal years.

| (1) | Net income for the year ended December 31, 2020 included a $221.6 million non-cash impairment loss, net of tax, on goodwill, identifiable intangible assets, and other long-lived assets. |

Annual Incentive Awards Under our Annual Incentive Program, the Compensation Committee establishes annual corporate financial objectives and individual performance goals and objectives for each named executive officer. These objectives are the basis on which a determination is made whether the named executive officer should receive annual incentive awards and, if so, the amount of such award. The annual incentive awards for 2024 and the basis on which they were made are discussed on pages 20through 23under “Compensation Discussion and Analysis.” The actual 2024 incentive awards, all of which were paid in cash or deferred under our Voluntary Deferral Plan, are included in the “Non-Equity Incentive Plan Compensation” column of the Summary Compensation Table on page 30for each of our named executive