Company: KHC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001308179-25-000266
Chunk: 22

Company: Kraft Heinz Co
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 22
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 Stockholder 
 Engagement  |     | Our   
 Board |     | Governance |     | Director     
 Compensation |     | Beneficial 
 Ownership  |     | Executive    
 Compensation |     | Audit   
 Matters |     | Stockholder 
 Proposals   |     | Other       
 Information |     | Appendix A. 
 Non-GAAP    |

Meridian does not provide any other services to Kraft Heinz or any of our affiliates and may not be engaged to provide any other services to us without the approval of the Compensation Committee. The Compensation Committee reviews Meridian’s performance periodically and reviews Meridian’s independence under SEC Nasdaq rules for compensation consultants. The Compensation Committee has concluded that Meridian is independent and has no conflicts of interest relating to its engagement by the Committee.

| 2025 Proxy Statement | 55 |

| Company  
 Overview |     | Voting  
 Roadmap |     | Stockholder 
 Engagement  |     | Our   
 Board |     | Governance |     | Director     
 Compensation |     | Beneficial 
 Ownership  |     | Executive    
 Compensation |     | Audit   
 Matters |     | Stockholder 
 Proposals   |     | Other       
 Information |     | Appendix A. 
 Non-GAAP    |

ROLE OF PEER GROUPS We continuously review and assess our compensation programs to create alignment with our strategies and philosophy. We believe it is important to understand the compensation programs and practices of companies with which we compete for talent, consumers, and investors. The Compensation Committee uses two peer groups: the compensation peer group is used to benchmark executive compensation and compensation design, and the performance peer group is used to measure our relative performance, including for determining relative performance in our PSU awards. We review the selection criteria and companies in both peer groups regularly. For 2024, the Compensation Committee did not make any changes to the peer groups indicated below.

|                          | Archer-Daniels-Midland 
 Company                |                       | Colgate-Palmolive Company |                       | Kimberly-Clark 
 Corporation    |                           | The Procter & Gamble 
 Company              |
| Campbell                 
 Soup Company             
 Conagra Brands, Inc.     
 General Mills, Inc.      
 Hormel Foods Corporation |                        | Kellanova             
 Keurig Dr Pepper Inc. 
 McCormick & Company,  
 Incorporated          |                           | Mondelēz              
 International, Inc.   
 PepsiCo, Inc.         
 The Coca-Cola Company |                | The                       
 Hershey Company           
 The J. M. Smucker Company 
 Tyson Foods, Inc.         |