Company: WSBC
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0000950170-25-039418
Chunk: 31

Company: WESBANCO INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 31
---
 base salary increases for all executive officers for the 2024 fiscal year averaged approximately 3% - 5%, except for changes in base salary due to title or position changes. Mr. Jackson received an increase of 6%, Mr. Weiss received an increase of 5%, Mr. Zatta 5%, Mr. Pietranton 5% and Mr. Richmond 5%. See the “Summary Compensation Table” on page39for more information about the 2024 base salaries of our named executive officers.

Annual Cash Incentive Awards.Annual incentive awards, in the form of annual cash bonuses, are made to our named executive officers under the amended and restated Wesbanco, Inc. Key Executive Incentive Bonus, Option and Restricted Stock Plan, which we refer to as the Incentive Plan and which was most recently approved by our stockholders on April 17, 2024. For additional information regarding our Incentive Plan, see the section entitled “Key Executive Incentive Bonus, Option and Restricted Stock Plan” on page42. The Compensation Committee makes awards and determines the amount, terms, and conditions of each such award as well as the respective performance goals to be achieved in each period by the participants under the Incentive Plan. The Compensation Committee believes that annual cash incentive awards for our executives, which are the variable and at-risk portion of annual compensation, should be generally capped at 86.25% of base salary for the chief executive officer and the named executive officers.

Eligibility for Annual Incentive Awards.In general, the following thresholds must be satisfied for an executive to be eligible to receive an annual incentive award: (i) the executive must receive a “fully competent” performance rating; and (ii) the Corporation must meet 85% of its “overall corporate goal.”

Performance Rating.Our chief executive officer annually rates the performance of each of our other named executive officers and assigns a performance rating to the executives based on the executive’s performance during the fiscal year. The Compensation Committee evaluates the performance of our chief executive officer and assigns his performance rating. For 2024, all of our named executive officers received “fully competent” performance ratings.

Overall Corporate Goal.The Corporation’s overall corporate goal is targeted earnings per share (“EPS”) for a given fiscal year. The Committee set target performance measures based in part upon management’s confidential business plan

<div align='center'>23</div>

and budget. The Committee set the EPS targets at levels deemed appropriate based on industry expectation, market opportunities