Company: MCFT
Filing Date: 2025-09-15
Form Type: DEF 14A
Source: 0001193125-25-202806
Chunk: 25

Company: MasterCraft Boat Holdings, Inc.
Filing Date: 2025-09-15
Form: DEF 14A
Chunk 25
---
 RELATIVE TSR LEVEL      | RELATIVE TSR MODIFIER |
| 25th Percentile or less | -20.0%                |
| 50th Percentile         | No adjustment         |
| 75th Percentile         | 20.0%                 |

(1) Three-year cumulative adjusted earnings per share for fiscal 2023, 2024 and 2025. The table below sets forth the PSUs earned by our named executive officers in fiscal 2025 for the fiscal 2023–2025 performance period:

| NAMED EXECUTIVE OFFICER(1) | SHARES SUBJECT TO PSUs GRANTED IN FISCAL 2023 |       |     | SHARES EARNED |   |     | SHARES EARNED (as a percentage of target) |   |
| Timothy M. Oxley           |                                               | 7,856 |     |               | — |     |                                           | — |

(1) Mr. Steinbarger is omitted from the table above as all unvested PSUs were forfeited in connection with his departure from the Company in February 2025. For fiscal 2026, LTIP awards will consist of 50% RSUs and 50% PSUs. Shares subject to PSUs will again be earned based upon the Company’s performance, over a three-year period, measured by achievement against annual adjusted earnings per share budgets established at the beginning of each fiscal year of the performance period, in each case subject to a potential adjustment based upon the application of a total shareholder return (“TSR”) modifier and subject to the executive officer’s continued employment with the Company. EMPLOYEE BENEFITS AND PERQUISITES Our named executive officers receive the standard benefits received by all employees including: health and welfare plans, including, medical, dental, and vision benefits; medical and dependent care flexible spending accounts; short-term and long-term disability insurance; and life insurance, retirement plans (a 401(k) retirement savings plan), and vacation. We do not have a defined benefit pension plan or supplemental executive retirement plan. Our named executive officers participate in our various benefit programs, including our 401(k) retirement savings plan discussed below, on the same terms as other employees. The Company does not provide to its named executive officers supplemental executive retirement plans, club memberships or other significant perquisites. We currently maintain a 401(k) retirement savings plan for our employees, including our named executive officers, who satisfy certain eligibility requirements. Our named executive officers are generally eligible to