Company: JACK
Filing Date: 2025-01-27
Form Type: DEF 14A
Source: 0000807882-25-000004
Chunk: 40

Company: JACK IN THE BOX INC
Filing Date: 2025-01-27
Form: DEF 14A
Chunk 40
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s’ total pay is delivered in equity awards, granted in the form of 50% PSUs and 50% RSUs. PSUs cliff vest at the end of a three-year performance period based on achievement of pre-established performance goals.  RSUs vest in equal annual installments over three years from the date of grant.                                                        |
| • |     | Stock Ownership and Stock Holding Requirement. Our NEOs and other executive officers are required to own a significant amount of the Company’s stock based on a multiple of base salary. In addition, executives must hold 50% of after-tax net shares resulting from the vesting of PSUs and RSUs until the executive meets their multiple of base salary stock ownership requirement (“hold until met”). |
| • |     | No Evergreen – No Repricing.We do not have an evergreen plan, and we prohibit repricing equity awards without shareholder approval.                                                                                                                                                                                                                                                                        |
| • |     | No Pledging or Hedging.As described in greater detail in the CD&A, we prohibit Section 16 officers (including our NEOs and other executive officers) from pledging Company stock as collateral for any obligation or engaging in hedging transactions involving our stock.                                                                                                                                 |

34 JACK IN THE BOX INC. | 2025 PROXY STATEMENT

| PROPOSAL THREE — ADVISORY VOTE ON EXECUTIVE COMPENSATION |

Recommendation With the assistance of its independent compensation consultant, the Compensation Committee has thoughtfully developed our executive compensation programs, setting NEO compensation that links pay to performance and provides an appropriate balance of short-term and long-term incentives that are aligned with long-term shareholder interests. Accordingly, the Board of Directors recommends that you vote in favor of the following resolution: “RESOLVED, that Jack in the Box Inc. shareholders approve, on an advisory basis, the compensation of the Company’s named executive officers as described narrative disclosures in this Proxy Statement for the 2025 Annual Meeting of Shareholders.” Vote Required for Approval Approval of the Say on Pay proposal requires the affirmative vote of a majority of the shares present in person or represented by proxy at the Annual Meeting and entitled to vote on such proposal. Abstentions will be included in the number of shares present and entitled to vote and will have the same effect as a vote “AGAINST” the proposal. Broker non-votes will not count as votes cast “FOR” or “AGAINST” the proposal and will not be included in calculating the number of votes necessary for approval for this proposal. THE BOARD OF