Company: ABM
Filing Date: 2025-02-14
Form Type: DEF 14A
Source: 0000950170-25-020776
Chunk: 66

Company: ABM INDUSTRIES INC /DE/
Filing Date: 2025-02-14
Form: DEF 14A
Chunk 66
---
 median employee for purposes of providing pay ratio disclosure once every three years and calculate and disclose total compensation for that employee each year in the subsequent three-year period. In accordance with the rule, we have identified a new median employee for our 2024 pay ratio disclosure since it has been three years since our last identification process. The pay ratio analysis of our employee population was conducted with October 31, 2024 as the determination date to identify our median employee, which date was within the last three months of the most recently completed fiscal year. We changed the date from that used for our last pay ratio analysis (October 1, 2021) for purposes of including all employees who were serving as of the last day of our fiscal year.

The SEC’s rules for identifying the median employee and calculating the pay ratio based on that employee’s annual total compensation allow companies to adopt a variety of methodologies, to apply certain exclusions, and to make reasonable estimates and assumptions that reflect their employee populations and compensation practices. As a result, the pay ratio reported by other companies may not be comparable to the pay ratio reported above, as other companies have different employee populations and compensation practices and may utilize different methodologies, exclusions, estimates, and assumptions in calculating their own pay ratios.

46ABM Industries Incorporated 2025 Proxy Statement

| ____________________________________________________________________________________ |

PAY VERSUS PERFORMANCE

Pay Versus Performance Table

| Year | Summary Compensation Table Total for PEO(1) | Compensation Actually Paid 
               to PEO(1)(2) | Average Summary Compensation Table Total for Non-PEO Named Executive Officers(1) | Average Compensation Actually Paid to Non-PEO Named Executive Officers(1) (2) | Value of Initial Fixed $100 Investment Based On: |                                        |   Net Income 
 ($ millions) | Adjusted Net Income(4)($ millions) |
|      |                                             |                            |                                                                                  |                                                                               |                      Total Shareholder Return(3) | Peer Group Total Shareholder Return(3) |              |                                    |
| (a)  |                                          -b |                         -c |                                                                               -d |                                                                            -e |                                               -f |                                     -g |           -h |                                 -i |
| 2024 |                                  $8,686,980 |                $11,631,629 |                                                                       $3,698,813 |                                                                    $3,971,054 |                                          $160.78 |                                $200.65 |        $81.4 |                             $226.4 |