Company: BHE
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0000950170-25-051057
Chunk: 26

Company: BENCHMARK ELECTRONICS INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 26
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 approved an additional cash stipend of $10,500 per month for Mr. Kamal. Mr. Kamal also received a one-time equity grant in connection with his service as Interim CFO and PAO of $100,000 of RSUs that vest over 24 months. After the hiring of Mr. Schumaker, Mr. Kamal returned to his previous role of Vice President, Finance, effective November 4, 2024.

| 22  Benchmark. Benchmark Electronics, Inc.     •    2025 Proxy Statement |

#### COMPENSATION DISCUSSION AND ANALYSIS
Best Compensation Practices and Policies

We also believe the following practices and policies within our program promote sound compensation governance and are in the best interests of our shareholders and executives:

| What We Do |                                                                                                   | What We Don’t Do |                                                                             |
|           | Emphasize variable pay over fixed pay, with a significant portion tied to our financial results   |                 | No tax gross ups other than for qualified relocation expenses               |
|           | Maintain stock ownership guidelines                                                               |                 | No repricing or exchange of underwater options without shareholder approval |
|           | Maintain anti-hedging and anti-pledging policies                                                  |                 | No option or stock appreciation rights                                      
 granted below fair market value                                             |
|           | Provide for “double-trigger” equity award vesting and severance benefits upon a change in control |                 | No supplemental executive retirement plans                                  |
|           | Use an independent compensation consultant                                                        |                 | No significant perquisites                                                  |

Evaluation of Say-on-Pay Advisory Vote

Each year, we carefully consider the results of our shareholder say-on-pay vote from the preceding year. We also consider the feedback we receive from our investors throughout the year on topics including Company strategy and performance, governance, and executive compensation. At our 2024 annual meeting, the majority of our shareholders supported our say-on-pay proposal, with over 96% voting in favor of the Named Executive Officer compensation described in the 2024 proxy statement. Given this result the Human Capital and Compensation Committee determined not to change its compensation philosophy or to significantly alter our compensation practices in 2024. We value the opinions of our shareholders and look forward to a continued, open dialogue on compensation matters and other issues relevant to our business.

What Guides Our Program

Philosophy andObjectives

Our executive