Company: MCFT
Filing Date: 2025-09-15
Form Type: DEF 14A
Source: 0001193125-25-202806
Chunk: 4

Company: MasterCraft Boat Holdings, Inc.
Filing Date: 2025-09-15
Form: DEF 14A
Chunk 4
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 9001                   | ISO 14001                       | ISO 45001                                                     |
| Quality Management Systems | Environmental ManagementSystems | International OccupationalHealth and SafetyManagement Systems |

With these foundations in place, we look forward to Making Boating Better and keeping our company at the forefront of the marine industry. You can access the full 2025 sustainability report here: https://investors.mastercraft.com/making-boating-better . Our sustainability report is not incorporated by reference in, and does not form a part of, this proxy statement.

| MASTERCRAFT BOAT HOLDINGS, INC. | 2025 PROXY STATEMENT | 4 |

2025 COMPENSATION PROGRAM HIGHLIGHTS Our executive compensation program is designed to facilitate high performance and generate results that will create value for our shareholders. We structure compensation to pay for performance, incentivize our executives with equity in the Company in order to align their interests with the interests of our shareholders and allow our executives to share in our shareholders’ success, which we believe creates a performance culture, maintains morale and attracts, motivates and retains top executive talent. The primary elements of our fiscal 2025 executive compensation program are base salary, annual bonuses, equity incentive awards and certain employee benefits. Our Compensation and Human Capital Committee ("CHC Committee") reviews and approves our executive compensation program, and maintains the discretion to adjust awards and amounts paid to our executive officers as it deems appropriate. We believe our named executive officers are compensated in a manner consistent with our strategy, compensation best practices and alignment with shareholders’ interests. STRUCTURE OF OUR COMPENSATION PROGRAM Our compensation program is structured to be reasonable in magnitude of total opportunity, largely performance-based, and equity-oriented.

| CEO TARGET COMPENSATIONOPPORTUNITY | OTHER NEO TARGET COMPENSATIONOPPORTUNITY |

| MASTERCRAFT BOAT HOLDINGS, INC. | 2025 PROXY STATEMENT | 5 |

COMPENSATION BEST PRACTICES

| WHAT WE DO       |                                                                                                                                                                                                                           |   |                                                                                                                          |
| ☑                | Strong emphasis on variable and performance-based compensation, with a significant portion of named executive officers’ overall compensation tied to the Company’s stock price and objective Company performance measures | ☑ | CHC Committee composed solely of independent directors                                                                   |
| ☑                | Appropriate mix of short-term and long-term incentives                                                                                                                                                                    | ☑ | Additional rigorous strategic goals considered for each executive                                                        |
| ☑                | Annual limits for cash incentives for named executive officers financial (200