Company: WCC
Filing Date: 2025-03-27
Form Type: PRE 14A
Source: 0001193125-25-065641
Chunk: 38

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-03-27
Form: PRE 14A
Chunk 38
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 2.7 | % |
| Squires |     |           |     | 3/1/2024 |     |                                        |     |  5,205 |     |                                  |     | $152.07 |     |                                    |     | $  375,020 |     |                                                                                                                                                                                                                                                                                       |     | 2.7 | % |
| Khurana |     |           |     | 3/1/2024 |     |                                        |     |  4,164 |     |                                  |     | $152.07 |     |                                    |     | $  300,016 |     |                                                                                                                                                                                                                                                                                       |     | 2.7 | % |

Performance Shares Our performance shares (“PSUs”) are designed to reward our NEOs for drivers of long-term value that are tied to our strategy and increased stockholder value over the long-term. We use three-year performance periods for each grant, and performance shares for the three-year period 2022-2024 were based on two equally weighted performance metrics: (1) Net Income Growth; and (2) Return on Net Assets (“RONA”) Growth. Net Income Growth measures the three-year average growth rate of our net income, excluding specific items that are not indicative of ongoing results. We believe that Net Income Growth is related directly to our strategy to drive profitable revenue and earnings growth. This performance metric encompasses sales growth, margin improvement and cost control, which are important operational aspects of our business and strategy. RONA Growth measures the three-year cumulative return on net assets growth versus the base year. We believe that RONA Growth is an appropriate and important measure of performance for a distributor like us, since it focuses on improving profitability and the efficient use of operating assets (working capital, property, buildings and equipment) to create value for our stockholders. We believe that the combination of earnings growth and effective asset management drives value for a distribution and supply chain solutions business. Performance share awards vest in the form of a number of shares of the Company’s Common Stock. The number of performance shares actually earned, if any, depends on the attainment of certain levels (threshold, target, maximum) of the performance measures and may range from one-halfthe target amount of performance shares (at the threshold performance level) up to two times the target amount of performance shares (at the maximum performance level). In the event of a change in control, the performance shares vest at the target level.

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