Company: OC
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001370946-25-000125
Chunk: 26

Company: Owens Corning
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 26
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 compensation.

In overseeing the Company’s policies concerning executive compensation for officers, the Compensation Committee:

• reviews at least annually the goals and objectives of the Company’s executive compensation plans and amends, or recommends that the Board amend, these goals and objectives if the Compensation Committee deems it appropriate;

• reviews at least annually the Company’s executive officer compensation plans in light of the Company’s goals and objectives, and, if the Compensation Committee deems it appropriate, adopts or recommends to the Board the adoption of new, or the amendment of existing, executive compensation plans;

• evaluates annually the performance of the CEO in light of the goals and objectives of the Company’s executive compensation plans and, either alone as a committee or together with the other independent directors, sets the CEO’s compensation level based on this evaluation;

• in consultation with the CEO, approves the pay structure, salaries, and incentive payments of all other executive officers of the Company, as well as the funding level of the Company’s annual and long-term incentive plans; and

• reviews and approves any severance or termination arrangements to be made with any executive officer of the Company.

| COMPENSATION CONSULTANT |

The Executive Vice President, Chief Administrative Officer, along with the Company’s Human Resources staff, support the Compensation Committee. In addition, the Compensation Committee has authority to engage the services of outside advisors, experts, and others to assist the Compensation Committee.

The Compensation Committee engaged the services of Meridian Compensation Partners, LLC (“Consultant”) during 2024 to serve as its independent outside compensation consultant to advise the Compensation Committee on all matters related to CEO and other executive officers’, as well as director, compensation. Specifically, the Consultant provided relevant market data and trend information, advice, alternatives, and recommendations to the Compensation Committee, as further described in the Compensation and Discussion Analysis.

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T a b l e o f C o n t e n t s

| THE GOVERNANCE AND NOMINATING COMMITTEE                                       |
| Suzanne Nimocks(Chair)|  Edward Lonergan  |  Maryann Mannen  |  John Williams |
| RESPONSIBILITIES                                                              |

The Governance and Nominating Committee (the “Committee” for purposes of this section) is responsible for:

• reviewing with the Board the appropriate skills and characteristics required of directors;

• recommending to the Board size and composition of the Board;

• identifying, screening, and recommending to the Board director nominees for election by the stockholders or appointment by the Board, as the case may be, pursuant to the