Company: LPG
Filing Date: 2025-07-22
Form Type: DEF 14A
Source: 0001558370-25-009356
Chunk: 63

Company: DORIAN LPG LTD.
Filing Date: 2025-07-22
Form: DEF 14A
Chunk 63
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45

| (1) | The values in this table reflect estimated payments associated with various termination scenarios under the Severance and CIC Plan as if such termination event occurred as of March 31, 2025. This table does not reflect one year’s outplacement services (not to exceed $10,000), which a participant is also eligible to receive in the event of termination without Cause or for Good Reason or during a CIC Termination Period.  Payments are conditioned upon a Separation Agreement and Release being executed by the participant and becoming effective within 55 days of the participant’s date of termination. |

| (2) | Reflects a lump-sum cash payment equal to the result of multiplying the sum of (a) a participant’s base salary for the fiscal year ended March 31, 2025, and (b) his Bonus Amount (as such term is defined in the Severance and CIC Plan), by 2.00. Also included in this amount is a cash payment equal to the Company’s monthly premium cost of health care for the participant and/or his family, multiplied by 18. Such payments will be made within 60 days of the date of termination. |

| (3) | Reflects a lump-sum cash payment equal to the participant’s Bonus Amount, pro-rated for the number of days employed prior to termination during the applicable fiscal year, payable within 60 days of the date of termination. |

| (4) | Reflects a lump-sum cash payment equal to the result of multiplying the sum of (a) a participant’s base salary for the fiscal year ended March 31, 2025, and (b) his Bonus Amount (as such term is defined in the Severance and CIC Plan), by 2.99. Also included in this amount is a cash payment equal to the Company’s monthly premium cost of health care for the participant and/or his family, multiplied by 18. Such payments will be made within 60 days of the date of termination. Value of accelerated equity awards is estimated by multiplying (a) the number of shares underlying outstanding equity awards as of March 31, 2025, by (b) $22.34, the closing price of the Company’s common shares as of March 31, 2025 (for purposes of this table assuming that any target performance goals applicable to any outstanding awards were deemed to be attained). |

Prohibition on Hedging While the Company does not currently have a policy prohibiting