Company: LPX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001104659-25-028584
Chunk: 44

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 44
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COMPENSATION DISCUSSION AND ANALYSIS (CD&A) THIS CD&A DESCRIBES LP’S EXECUTIVE COMPENSATION PROGRAM, EXPLAINS HOW THE COMPENSATION COMMITTEE OVERSEES AND IMPLEMENTS THIS PROGRAM, AND REVIEWS THE 2024 COMPENSATION DECISIONS FOR THE NAMED EXECUTIVE OFFICERS IDENTIFIED BELOW. THIS CD&A IS DIVIDED INTO THE FOLLOWING SECTIONS:

| ​ | ​                                                                              | ​ | ​ | ​ | ​ | Page | ​ | ​ |
| ​ | SECTION I:2024 BUSINESS AND FINANCIAL HIGHLIGHTS                               | ​ | ​ | ​ | ​ |   42 | ​ | ​ |
| ​ | SECTION II:2024 COMPENSATION HIGHLIGHTS                                        | ​ | ​ | ​ | ​ |   44 | ​ | ​ |
| ​ | SECTION III:RESULTS OF THE 2024 SAY-ON-PAY VOTE                                | ​ | ​ | ​ | ​ |   46 | ​ | ​ |
| ​ | SECTION IV:ELEMENTS AND PHILOSOPHY OF EXECUTIVE COMPENSATION                   | ​ | ​ | ​ | ​ |   47 | ​ | ​ |
| ​ | SECTION V:EXECUTIVE COMPENSATION DECISIONS FOR 2025                            | ​ | ​ | ​ | ​ |   52 | ​ | ​ |
| ​ | SECTION VI:ADDITIONAL POLICIES AND GUIDELINES AFFECTING EXECUTIVE COMPENSATION | ​ | ​ | ​ | ​ |   53 | ​ | ​ |

LOUISIANA-PACIFIC CORPORATION ● 2025 PROXY STATEMENT | 41

TABLE OF CONTENTS COMPENSATION OF EXECUTIVE OFFICERS

O UR NAMED EXECUTIVE OFFICERS FOR 2024 Throughout this CD&A and elsewhere in this proxy statement, we refer to the following group of individuals as the “NEOs”:

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| ​ | W. BRADLEYSOUTHERN                                         | ​ | ​ | ALAN J.M.HAUGHIE                                        | ​ | ​ | JASON P.RINGBLOM                                  | ​ | ​ | JIMMY E.MASON                                  | ​ | ​ | NICOLE C.DANIEL                                                | ​ |
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