Company: SXT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001140361-25-008248
Chunk: 66

Company: SENSIENT TECHNOLOGIES CORP
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 66
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 2024 to our performance. Adjusted EBITDA is included in our annual incentive plan (70% weight for Corporate awards in 2024) and our performance-based awards of our long-term equity incentive plan (70% weight for awards in 2024). The compensation actually paid to our CEO and other NEOs was higher in 2021 than other years due primarily to the large increase in the fair value of outstanding stock awards in 2021, as shown in footnote 1 above. The number of stock awards that can be received by an executive is set at the grant date, so the change in fair value for unvested awards indicates only that previously issued grants have increased in value. The value of any awards can fluctuate significantly until they are vested. In 2024, our average for non-CEO NEOs was lower as the value of outstanding equity awards for Mr. Rolfs was significantly lower than prior years primarily due to shares forfeited as a result of his retirement from the Company. As Adjusted EBITDA is heavily integrated into both our annual incentive plan and our performance-based awards, it has the potential to significantly influence the amount of compensation actually paid to an executive in a given year. 61

Most Important Measures for Compensation Actually Paid in Fiscal Year 2024 The four items listed below represent the most important metrics that we used to determine compensation actually paid in 2024, as further described in “Annual Incentive Plan Awards” and “Equity Awards” above.

| • | Adjusted EBITDA(company-selected measure) |

| • | Adjusted return on invested capital |

| • | Local currency revenue |

| • | Local currency operating profit |

62

EQUITY COMPENSATION PLAN INFORMATION The following table sets forth information as of December 31, 2024, with respect to compensation plans under which equity securities of the Company are authorized for issuance.

| Plan category                                                        |     | Number of         
 securities to be  
 issued upon       
 exercise of       
 outstanding       
 options, warrants 
 and rights        |     | Weighted-average  
 exercise price    
 of outstanding    
 options, warrants 
 and rights        |     | Number of            
 securities           
 remaining available  
 for future issuance  
 under equity         
 compensation         
 plans (excluding     
 securities reflected 
 in column (a))       |
|                                                                      |     | -a                |     | -b                |     | -c                   |
| Equity compensation plans approved by the Company’s shareholders     |     | 540,520(1)