Company: LW
Filing Date: 2025-08-07
Form Type: DEF 14A
Source: 0001679273-25-000060
Chunk: 40

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-08-07
Form: DEF 14A
Chunk 40
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 Discussion and Analysis,” we design our compensation to incent executives and other employees to achieve the Company’s financial and strategic goals that promote long-term stockholder returns. Our compensation design does not encourage our executives and other employees to take excessive risks for short-term benefits that may harm the Company and our stockholders in the long-term. The Compensation Committee uses various strategies to mitigate risk, including:

• using both short-term and long-term incentive compensation so that executives do not focus solely on short-term performance;

• weighting executive compensation heavily toward long-term incentives to encourage sustainable stockholder value and accountability for long-term results;

• using multiple relevant performance measures in our incentive plans, so that executives do not place undue importance on one measure which could distort the results that we want to incent;

• capping the amount of incentives that may be awarded or granted;

• retaining discretion to reduce incentive awards based on unforeseen or unintended consequences and clawback compensation in specified circumstances;

• requiring our top executives to hold a significant amount of common stock and prohibiting them from hedging, pledging or engaging in short sales of their common stock;

• not using employment contracts; and

• not paying severance benefits on change of control events unless the affected executive is first involuntarily terminated without cause or terminates due to good reason.

F.W. Cook also reviewed the Compensation Committee’s risk analysis, including the underlying procedures, and confirmed the Compensation Committee’s conclusion below. In light of these analyses, the Compensation Committee believes that our compensation programs do not create risks that are reasonably likely to have a material adverse effect on Lamb Weston.

#### Nominating and Corporate Governance Committee
The Board has determined that all of the Governance Committee members are independent within the meaning of the NYSE listing standards. The Governance Committee’s charter sets out its responsibilities. Among its responsibilities are:

• identifying qualified candidates for membership on the Board;

• proposing a slate of directors for election by the stockholders at each annual meeting;

• proposing to the Board candidates to fill vacancies;

• considering and making recommendations to the Board concerning the appropriate size, functions and policies of the Board;

• recommending to the Board the structure, size, membership and functions of the various committees of the Board;

• recommending to the Board corporate governance principles for the Company;

• assessing the independence of Board members;

• overseeing the annual evaluation of the Board; and

• overseeing the policies and programs related to the Company’s corporate ESG strategy.

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The Governance Committee considers Board candidates suggested by