Company: HEI-A
Filing Date: 2025-01-31
Form Type: DEF 14A
Source: 0001140361-25-002543
Chunk: 33

Company: HEICO CORP
Filing Date: 2025-01-31
Form: DEF 14A
Chunk 33
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 and provisions of each grant. The Stock Option Plan Committee met five times in fiscal 2024 and its members consist of Mr. Hildebrandt (Committee Chairman), Mr. Culligan, and Dr. Schriesheim. The Nominating and Corporate Governance Committee, Compensation Committee and the Finance/Audit Committee are governed by written charters relating to corporate governance matters. All Board of Directors Committee Charters, Corporate Governance Guidelines, as well as HEICO’s Code of Business Conduct are located on HEICO’s website at https://www.heico.com under the Investors tab. Board Meetings — 100% Attendance During the fiscal year ended October 31, 2024, the Board of Directors held four meetings. During fiscal 2024, each director attended 100% of the meetings of the Board of Directors and committees on which they served. While we do not have a formal attendance policy, all of the Board members attended the 2024 Annual Meeting of Shareholders. No Compensation Committee Interlocks or Insider Participation Mr. Hildebrandt, Ms. Neitzel and Dr. Schriesheim served as members of the Compensation Committee during fiscal 2024. No member of the Compensation Committee was an officer or employee of the Company during fiscal 2024 or was formerly an officer of the Company. During the fiscal year ended October 31, 2024, none of HEICO’s executive officers served on the board of

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TABLE OF CONTENTS

directors or compensation committee of any other entity whose directors or executive officers served either on HEICO’s Board of Directors or on HEICO’s Compensation Committee. Director Compensation Our directors receive an annual retainer of $250,000 and are required to purchase shares of HEICO common stock equivalent to 58% of the annual retainer ($145,000). Directors may purchase these shares on their own behalf or have the Company complete the purchases for them using funds the Company withholds from their retainers. Members of committees of the Board of Directors are paid a $15,000 annual retainer for each committee served and committee chairmen are paid an annual retainer of $10,000 for each committee chaired. The Directors’ Retirement Plan, which was adopted in 1991 in order to facilitate director retirements and covered our then current directors, was amended as of November 2003 to effectively freeze vested benefits. One of our current ten directors is covered under the Directors’ Retirement Plan and he will receive