Company: NC
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0000789933-25-000012
Chunk: 65

Company: NACCO INDUSTRIES INC
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 65
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 $65,010 |     | $104,299 |     |       $8,074 |     | $177,383 |
| Lori J. Robinson          |     |     $83,010 |     | $104,299 |     |         $424 |     | $187,733 |
| Valerie Gentile Sachs     |     |     $80,010 |     | $104,299 |     |       $5,409 |     | $189,718 |
| Robert S. Shapard         |     |    $103,010 |     | $104,299 |     |       $2,975 |     | $210,284 |
| Britton T. Taplin         |     |     $65,010 |     | $104,299 |     |       $5,424 |     | $174,733 |

(1) Amounts in this column reflect the annual retainers and other fees earned by the Directors in 2024. They also include cash payment for fractional shares of Class A Common that were paid under NACCO Industries, Inc.'s Non-Employee Directors' Equity Compensation Plan ("Non-Employee Directors' Plan") described below.

(2) Under the Non-Employee Directors' Plan, the Directors are required to receive a portion of their annual retainer in shares of Class A Common (the "Mandatory Shares"). They are also permitted to elect to receive all or part of the remainder of the retainer and all fees in the form of shares of Class A Common (the "Voluntary Shares"). Amounts in this column reflect the aggregate grant date fair value of the Mandatory Shares and Voluntary Shares that were granted to Directors under the Non-Employee Directors' Plan, determined pursuant to FASB ASC Topic 718. See Note (2) to the consolidated financial statements in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 for more information regarding the accounting treatment of our equity awards. All Mandatory Shares and Voluntary Shares are immediately vested when granted. Therefore, no equity awards remained outstanding at the end of the fiscal year ended December 31, 2024.

(3) The amount listed includes: (1) Company-paid life insurance premiums; (2) other Company-paid premiums for accidental death and dismemberment insurance for the Director and his spouse (other than for Mr. Shapard's spouse); and (3) personal excess liability insurance premiums for the Directors and immediate family members (