Company: DXPE
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001020710-25-000087
Chunk: 41

Company: DXP ENTERPRISES INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 41
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 and, if so, how the incentive cash bonus will be calculated. For 2024, the NEOs were eligible for a cash bonus. The cash bonus was calculated by multiplying our profit before income tax by two percentages. Profit before income tax, up to a maintenance amount, was multiplied by a percentage referred to as the Maintenance Incentive Factor (which ranged on a sliding scale from 0.00% to a maximum of 1.33%). Profit before income tax above the maintenance amount was multiplied by a higher percentage referred to as the Growth Incentive Factor (which ranged on a sliding scale from 0.00% to a maximum of 4.00%). The Maintenance and Growth Incentive Factors vary by each NEO as determined by the CEO and Compensation Committee based upon the NEO's responsibilities and role. The 2024 cash bonus payout was capped at a base Growth Incentive Factor of 1.50% for Messrs. Little and Yee and 1.25% for Messrs. Maestas and Gregory.

#### DXP ENTERPRISES, INC. 2025 PROXY STATEMENT39
|               |     | 2024 Annual Cash     |       |   | 2023 Annual Cash     |       |   |
|               |     | Bonus Award Received |       |   | Bonus Award Received |       |   |
|               |     | -% of Base Salary    |       |   | -% of Base Salary    |       |   |
| David Little  |     |                      | 200.0 | % |                      | 200.0 | % |
| Nick Little   |     |                      |  82.2 | % |                      |  85.7 | % |
| Kent Yee      |     |                      |  55.0 | % |                      |  75.0 | % |
| Paz Maestas   |     |                      |  75.0 | % |                      | 100.0 | % |
| Chris Gregory |     |                      |  75.0 | % |                      | 100.0 | % |

See “2024 Summary Compensation Table — Non-Equity Incentive Plan Compensation” below for more details.

Long-Term Incentive Equity Award Changes Starting in 2021

For fiscal year 2021, the Compensation Committee revised the Long-Term Incentive equity award for the CEO and NEOs after consultation and based upon the review with N