Company: SXI
Filing Date: 2025-09-05
Form Type: DEF 14A
Source: 0001437749-25-028442
Chunk: 33

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-09-05
Form: DEF 14A
Chunk 33
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 believes that it is prudent to review and evaluate the executive compensation program annually in light of evolving market practices, regulatory requirements, the competitive market for executives and our executive compensation philosophy. This process is repeated in a structured manner annually.

382025 Proxy Statement

Components of Executive Compensation

Overview

We provide three elements of total direct compensation: base salary, annual incentives and long-term incentives, which are described below. We also provide limited perquisites (see page 48) and standard retirement and benefit plans (see page 47).

|             | CEO | Average Named     
 Executive Officer | Description                                                                                                                                                                                                                                                                                                       |
| Base Salary |     |                   | Fixed cash compensation based on the market- competitive value of the skills and knowledge required for each role. Reviewed and adjusted when appropriate to maintain market competitiveness.                                                                                                                     |
| Annual      
 Incentive   |     |                   | Designed to reward results in the fiscal year. Annual cash incentives based on:                                                                                                                                                                                                                                   
 ► Achievement of Company financial metrics                                                                                                                                                                                                                                                                        
 ► Individual performance on pre-established strategic goals                                                                                                                                                                                                                                                       |
| Long-Term   
 Incentives  |     |                   | Forward-looking equity awards intended to drive future growth and align the interests of NEOs and shareholders. Grants awarded in the form of restricted stock awards and performance share units. Current performance measures include the following metrics and payouts are subject to a relative TSR modifier: 
 ► ROIC                                                                                                                                                                                                                                                                                                            |

Base Salary

Base salary is fixed cash compensation. During the first quarter of each fiscal year, the Compensation Committee reviews and establishes the base salaries of Company executives, including the Named Executive Officers. For each Named Executive Officer, the Compensation Committee takes into account a number of factors, including the scope of the executive’s responsibilities and duties, experience, tenure with the Company, and individual performance as well as competitive market data, Company performance and internal pay equity. The Compensation Committee does not assign any relative or specific weights to these factors. Salary levels are reviewed annually and are adjusted when appropriate. Increases in base salary are not automatic or guaranteed in order to promote a performance culture.

Effective October 1st of FYs 2024 and 2025, the base salary of each Named Executive Officer was set as follows:

| Name            | FY 2025 Base ($) | FY 2024 Base ($) | Increase |
| David Dunbar    |          936,436 |          936,436 | -        |
| Ademir Sarcevic |          560,000 |          560,000 | -        |