Company: CLH
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000822818-25-000011
Chunk: 33

Company: CLEAN HARBORS INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 33
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 the years ended December 31, 2024 and December 31, 2023 include (in thousands, except for Total Recordable Incident Rate (“TRIR”)):

| Total Revenue             |     |            |     |                 Net Income |     |          |     |             Adjusted EBITDA(1) |     |            |
| 2024                      |     |       2023 |     |                       2024 |     |     2023 |     |                           2024 |     |       2023 |
| $5,889,952                |     | $5,409,152 |     |                   $402,299 |     | $377,856 |     |                     $1,116,934 |     | $1,012,570 |
| Cash Flow from Operations |     |            |     | Adjusted Free Cash Flow(1) |     |          |     | Total Recordable Incident Rate |     |            |
| 2024                      |     |       2023 |     |                       2024 |     |     2023 |     |                           2024 |     |       2023 |
| $777,771                  |     |   $734,552 |     |                   $357,882 |     | $321,902 |     |                           0.65 |     |       0.63 |

(1) Adjusted EBITDA and Adjusted Free Cash Flow (“FCF”) are financial measures not defined by accounting principles generally accepted in the United States (“non-GAAP”). See Appendix A: Reconciliation of GAAP Measure to Corresponding Non-GAAP Measure for additional information on the non-GAAP measures and a reconciliation to the nearest metric calculated in accordance with accounting principles generally accepted in the United States (“GAAP”.)

Role of the Compensation and Human Capital Committee

The C&HC Committee currently consists of five independent directors. With respect to executive compensation, the C&HC Committee’s major responsibilities are to recommend to the Company’s Board of Directors the base salary for the Company’s Co-CEOs and CTO, which base salary is then approved by all the independent directors, review and approve the base salaries for the other executive officers, administer the Company’s senior management incentive cash bonus plan (“MIP”) and equity incentive plans, and review and approve the Company’s other senior management compensation policies. As part of such responsibilities, the C&HC Committee administered the Company’s MIP and equity incentive plan