Company: JBI
Filing Date: 2025-04-10
Form Type: PRE 14A
Source: 0001140361-25-013248
Chunk: 57

Company: Janus International Group, Inc.
Filing Date: 2025-04-10
Form: PRE 14A
Chunk 57
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 the interest rate margin by 50 bps. |

| • | Repurchased 7,141,261 shares for $78.7 million as part of our previously announced $100.0 million share repurchase program. |

Operational Operational achievements for 2024 included the following:

| • | Introduced our all-new internal hardwired smart lock, Nokē Ion™ and announced our NS Series of enhanced security doors. |

| • | Opened a distribution center in Ontario, Canada to service our Canadian markets and in Mt. Airy, North Carolina to support our commercial market. |

| • | Acquired the assets of T.M.C., a premier provider of terminal maintenance services for the LTL trucking industry in the Southeast. |

| • | Nokē Smart Entry system total installed units increased 32% to 365,000. |

| (1) | Adjusted EBITDA and free cash flow are non-GAAP measures. For reconciliations of GAAP to these non-GAAP financial measures, see “GAAP to Non-GAAP Reconciliations” below. |

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TABLE OF CONTENTS

Executive Compensation Philosophy and Objectives Our executive compensation programs are administered by the Compensation Committee. The objective of our executive compensation program is to attract, retain, and motivate talented executives who are critical to our continued success, and to align the interests of our executives with those of our shareholders. To achieve these objectives, our executive compensation program principally utilizes a combination of annual base salaries, annual cash incentive bonuses, and long-term equity incentive awards. In establishing overall executive compensation levels, our Compensation Committee considers a number of criteria, including the executive’s scope of responsibilities and experience, individual performance, attainment of overall Company business objectives and market data regarding compensation of comparably situated executives within our peer group. The Role of the Compensation Committee and Compensation Consultant Generally, our Compensation Committee designs and administers the executive compensation program with the help of management and an independent compensation consultant. In connection with the compensation of our Chief Executive Officer, our Compensation Committee generally recommends the overall and specific elements to the Board for consideration and final determination. Our Chief Executive Officer reviews the performance of other named executive officers and makes recommendations, if any, to the Compensation Committee with respect to compensation adjustments for such officers. However, the Compensation Committee determines in its sole discretion whether to make any adjustments to the compensation paid to such executive officers. While the Compensation Committee (or the Board, in the case of our Chief Executive Officer) ultimately makes all final decisions on