Company: UTZ
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000950170-25-038342
Chunk: 90

Company: Utz Brands, Inc.
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 90
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 in this Proxy Statement, the compensation tables and the narrative discussion beginning on page 32 for additional details on Utz’s executive compensation program. Below are a few highlights of our pay-for-performance philosophy. ▪ Annual Cash Short-Term Incentive Award program based on the individuals’ contributions, as determined by the Individual Performance Factors (IPF) and our Company’s performance, as measured by our Adjusted EBITDA (50%), net sales (30%), and our Annual Goals (20%). ▪ Equity Incentive Award program for the Chief Executive Officer and Executive Vice Presidents comprised of Performance Stock Units, and Restricted Stock Units. ▪ Company defined Annual Goals through an Objectives, Goals, Strategies, Metrics (OGSM) system that cascades to all levels of leadership and supports our pay-for-performance philosophy in the Annual Bonus Program and in annual merit increases. At the annual meeting, we are asking stockholders to vote on the following advisory resolution: RESOLVED , that the stockholders approve the compensation of Utz’s named executive officers as disclosed pursuant to the SEC’s compensation disclosure rules, including the CD&A, the compensation tables and the narrative discussion. V ote Required The affirmative vote of the holders of a majority of the votes cast (for the avoidance of doubt, abstentions and broker non-votes are not counted as votes cast for or against such matter) is required for approval, on an advisory basis, of this proposal. Our next advisory vote to approve the compensation of Utz’s named executive officers will be at our 2026 Annual Meeting of Stockholders. Board Reco mmendation

| THE BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE “FOR” THE NON-BINDING, ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION. |

| 2025 Proxy Statement | 68 |

Proposal No. 3: Ratification of Selection of Independent Registered Public Accounting Firm We are asking our stockholders to ratify the Audit Committee’s selection of Grant Thornton LLP (“Grant Thornton”) as our independent registered public accounting firm for the fiscal year ending December 28, 2025. Grant Thornton has served as the independent registered public accounting firm for Utz since 2011. Representatives of Grant Thornton will attend the Annual Meeting, have the opportunity to make a statement if they desire to do so and be available to respond to appropriate questions. Vote Re quired The affirmative vote of the holders of a majority of the votes cast will be required to ratify the selection by