Company: THS
Filing Date: 2025-03-03
Form Type: PRER14A
Source: 0001320695-25-000014
Chunk: 44

Company: TreeHouse Foods, Inc.
Filing Date: 2025-03-03
Form: PRER14A
Chunk 44
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, Pay Governance utilized a detailed screening process that considered the following criteria:

| •Industry (consumer staples GICS code traded on a major U.S. Exchange) 
 •Geographic location                                                   
 •Revenue (0.2x - 4.0x)                                                 
 •Market capitalization (0.25x - 4.0x)                                  
 •Total enterprise value (0.2x - 4.0x)                                  
 •Business model (primarily packaged foods and meats)                   |

The Committee reviewed and re-approved the following Peer Group for 2024, consistent with the 2023 Peer Group :

| 2024 Peer Group                |     |                                   |
| ACCO Brands Corporation        |     | Lamb Weston Holdings, Inc.        |
| B&G Foods, Inc.                |     | Lancaster Colony Corporation      |
| Conagra Brands, Inc.           |     | McCormick & Company, Incorporated |
| Edgewell Personal Care Company |     | Perrigo Company plc               |
| Energizer Holdings Inc.        |     | Post Holdings, Inc.               |
| Flowers Foods, Inc.            |     | Primo Water Corporation           |
| Fresh Del Monte Produce Inc.   |     | The Hain Celestial Group, Inc.    |
| Ingredion Incorporated         |     | The J.M. Smucker Company          |

At the time of the Committee's review, TreeHouse was positioned at the 42nd percentile of the Peer Group for revenue and at the 27th percentile of total enterprise value.

#### 2025 Proxy StatementTreeHouse Foods, Inc.43
| Compensation Discussion & Analysis |

### HOW WE SET GOALS FOR OUR COMPENSATION PROGRAMS
Performance targets within our incentive plans are intended to be rigorous to incentivize our NEOs to achieve results that drive our strategic objectives. Below is an overview of the goal-setting process.

| MANAGEMENT             |     | Develops our Annual Operating Plan each year   |     | Develops a three-year strategic plan (annually) and updates the three-year plan, as needed |     | Considers historical performance and results from sensitivity analyses, proposes corporate goals for the short-term incentive program that supports the achievement of the Annual Operating Plan |     | Considers historical performance, peer growth algorithms, and results from sensitivity analyses, proposes corporate goals for multiyear PSUs that support the achievement of the three-year strategic plan |
| BOARD OF DIRECTORS     |     | Reviews and approves the Annual Operating Plan |