Company: SXI
Filing Date: 2025-09-05
Form Type: DEF 14A
Source: 0001437749-25-028442
Chunk: 36

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-09-05
Form: DEF 14A
Chunk 36
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 falls below threshold for all measures. The Compensation Committee sets the “threshold” performance levels high enough so that achieving the level is not guaranteed, while setting the “superior” performance level high enough so that achieving it is difficult and represents an outstanding accomplishment. The Compensation Committee may adjust the financial performance targets to reflect the impact of special events, such as acquisitions or divestitures, during a fiscal year. These adjustments are made pursuant to established guidelines and are appropriate in light of long-term growth strategies and business operations.

2025 Proxy Statement41

Financial Goals & Results for FY 2025

For FY 2025, the financial performance metrics, weights, achieved performance levels and payout percentages were as follows:

| Financial          
 Performance        
 Metric             | (in thousands)                            
 Threshold         Target         Superior | CEO                                        
 & CFO                                      
 Weight                                     | CEO & CFO   
 Weighted    
 Achievement | All Other NEO 
 Weight        | All Other NEO 
 Weighted      
 Achievement   |
| Net Sales 1        |                                           | 40 %                                       | 23.8 %      | 30 %          | 17.9 %        |
| Adjusted Operating 
 Income 2           |                                           | 30 %                                       | 21.5 %      | 30 %          | 21.5 %        |
| Adjusted EPS  3    |                                           | 30 %                                       | 23.3 %      | 20 %          | 15.5 %        |
|                    |                                           | Financial Goals Weighted Achievement Total | 68.5 %      |               | 54.9 %        |

| 1 | This value, which is less than the Company’s actual reported net sales of $790,107 (in thousands) for FY 2025, excludes the impact of certain acquisitions completed during FY 2025. The threshold, target and superior values, as well as the actual value, were adjusted to include net sales for the Amran/Narayan Group due to the timing and magnitude of that acquisition. |

| 2 | Adjusted Operating Income is a non-GAAP measure, which takes Operating Income and excludes restructuring charges, purchase accounting expenses, acquisition-related expenses and other one-time items. The threshold, target and superior values, as well as the actual value, were adjusted to include adjusted operating income associated with the Amran/Narayan Group due to the timing and magnitude of that acquisition. |

| 3 | This value, which is greater than the Company’s actual reported diluted earnings per