Company: GEF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0000043920-25-000004
Chunk: 27

Company: GREIF, INC
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 27
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 stock award date.

(5) Mr. Rose's annual fees were prorated to reflect his election to the Board of Directors in August 2024. Upon election to the Board, Mr. Rose received a prorated stock award of 1,484 shares of Class A Common Stock. The stock award reported for Mr. Rose reflects the closing price of our shares of Class A Common Stock on August 23, 2024 ($63.78), the day preceding the date on which the shares were granted.

| Director Compensation Arrangements |

The Compensation Committee is responsible for setting the overall compensation strategy and policies for our outside directors. Directors who also serve as employees for the Company or any of its subsidiaries are not compensated for their service as a director. Directors may also receive additional compensation for performing duties assigned by the Board or its committees that are considered beyond the scope of the ordinary responsibilities of a director or committee member.

The compensation fee arrangement for our outside directors for fiscal 2024 is set forth below. The Board annual cash retainer was paid in equal quarterly installments, as applicable. The annual Committee and Chair cash retainers were paid annually, as applicable. The stock award is issued annually after the annual stockholders meeting.

| Board of Director Position  |     | Board Annual Retainer     |     |          | Stock Award                     |     |          |
| Chairman of the Board       |     |                           |     | $225,000 |                                 |     | $142,000 |
| All Other Outside Directors |     |                           |     | $100,000 |                                 |     | $142,000 |
| Committee                   |     | Committee Annual Retainer |     |          | Committee Chair Annual Retainer |     |          |
| Audit                       |     |                           |     |  $10,000 |                                 |     |  $20,000 |
| Compensation                |     |                           |     |  $10,000 |                                 |     |  $20,000 |
| Nominating                  |     |                           |     |   $5,000 |                                 |     |  $15,000 |

The Compensation Committee administers the Amended and Restated Outside Directors Equity Award Plan, which provides annual equity awards to outside directors. Prior to the 2023 annual meeting, the Compensation Committee administered the 2005 Outside Directors Equity Award Plan (the "2005 Directors Equity Plan"), which was replaced by the Amended and Restated Outside Directors

Greif - Proxy Statement 24