Company: ASTE
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001104659-25-023778
Chunk: 9

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 9
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 BEACH FL 32004-9911. TABLE OF CONTENTS 7 Astec Industries, Inc. | Notice of Annual Meeting and Proxy Statement 2025 Can I change my mind and revoke my proxy? Shareholders generally have the right to revoke their proxy or voting instructions before their shares are voted at the Annual Meeting, subject to the voting deadlines described above. ● Shareholders of record: If you are a shareholder of record, you may revoke a proxy by: ◦ completing and returning a later dated proxy card; ◦ granting a subsequent proxy via Internet or telephone; ◦ delivering written notice to our Corporate Secretary at our principal executive office, bearing a date later than the proxy, stating the proxy is revoked; or ◦ voting your shares online at the Annual Meeting. ● Beneficial owners: If you are a beneficial owner of shares but not the shareholder of record: ◦ you may submit new voting instructions by contacting your broker, bank or other nominee; or ◦ you may vote at the Annual Meeting if you obtain a legal proxy as described in the answer to the question “ How do I vote my shares during the Annual Meeting? ” above. All shares represented by valid proxies received and not revoked will be voted at the Annual Meeting in accordance with the shareholder’s specific voting instructions. What if I return my proxy card or vote by Internet or phone but do not specify how I want to vote? If you are a shareholder of record and sign and return your proxy card or complete the online or telephone voting procedures, but do not specify how you want to vote your shares, we will vote them, in accordance with our Board’s recommendation, as follows: ● FOR the re-election of the three director nominees identified in this Proxy Statement; ● FOR the approval, on an advisory basis, of the compensation of our named executive officers; ● FOR the ratification of Deloitte & Touche LLP as our independent registered public accounting firm for the calendar year 2025; and ● FOR the approval of the Astec Industries, Inc. 2025 Equity Incentive Plan. How are votes counted? In the re-election of the director nominees, your vote may be cast “FOR” all of the nominees or your vote may be “WITHHELD” with respect to one or more of the nominees. If you withhold your vote with respect to any nominee, your shares will be considered to have been voted against the nominee. For all other proposals, your vote may be cast “FOR” or “AGAINST” or you may