Company: IR
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015748
Chunk: 40

Company: Ingersoll Rand Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 40
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 Global to buy, sell or hold any security and a decision to invest in any subject company should not be made based on the receipt of any such note. |

| 7 | World class is defined as the top quartile of manufacturing companies with >1,000 employees per U.S. Bureau of Labor Statistics (2021). Average Total Recordable Incident Rate (TRIR) for all Industrial Machinery Manufacturing companies in 2023 (most recent data available) was 1.9 according to the U.S. Bureau of Labor Statistics. |

| 8 | Adjusted EBITDA Margin is a non-GAAP metric and represents Adjusted EBITDA as a percentage of total revenue. For a reconciliation of Adjusted EBITDA Margin, see Annex A to this Proxy Statement. Comparison to 2020 is based on Supplemental Adjusted EBITDA Margin. |

| 11 | Management estimate. |

| 12 | Calculated as the weighted average purchase multiple for business acquired in 2024. |

In summary, our purpose-led culture, our engaged employee-owners, and the power of execution excellence through IRX leveraged our Economic Growth Engine to not only drive a high level of performance in 2024, but also to compound stockholder value creation year-over-year. Executive Compensation Philosophy This Compensation Discussion and Analysis (“CD&A”) outlines our executive compensation philosophy and objectives, describes the elements of our executive compensation program, and explains how the Committee arrived at its compensation decisions for our 2024 named executive officers (“NEOs”) listed below:

| NAMED EXECUTIVE OFFICERS |     | TITLE                                                                                    |
| Vicente Reynal           |     | Chairman, President and Chief Executive Officer (“CEO”)                                  |
| Vikram Kini              |     | Senior Vice President and Chief Financial Officer (“CFO”)                                |
| Michael Weatherred       |     | Senior Vice President, IR Execution Excellence (IRX), Business and Commercial Excellence |
| Andrew Schiesl           |     | Senior Vice President, General Counsel, Chief Compliance Officer and Secretary           |
| Kathleen Keene           |     | Senior Vice President, Chief Human Resources Officer                                     |

Ingersoll Rand 41 2025 Proxy Statement

TABLE OF CONTENTS

Our executive compensation philosophy is centered on two key tenets and grounded in the following principles: Compensation Elements Our compensation philosophy is targeted to award executives appropriately for individual and Company performance. The Committee places more emphasis on pay that is performance-based and “at-risk” and believes pay mix should be more