Company: ONEW
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001772921-25-000007
Chunk: 38

Company: OneWater Marine Inc.
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 38
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 this CD&A and with advice from Aon. For the 2024 fiscal year, the target aggregate value of the equity awards were set at $2,520,000, $2,520,000 and $1,020,000 for Mr. Singleton, Mr. Aisquith and Mr. Ezzell, respectively, and the compensation committee determined to grant 60% of the total value of the annual equity awards in the form of PSUs, and 40% of the total value of the annual equity awards in the form of RSUs. The number of RSUs and PSUs granted to our Named Executive Officers was determined using $25.62, the closing price of the Company’s common stock on the last

24

trading day immediately preceding October 1, 2023 (the first day of the 2024 fiscal year). The aggregate target value of the RSUs and target PSUs granted to each Named Executive Officer during fiscal year 2024 as it relates to each Named Executive Officers' annual base salary is shown in the table below.

| Named Executive Officer   |     | 2024 Total Equity Award Target Value |     |           | 2024 Base Salary |     |         | 2024 Target Equity Awards as a % of Base Salary |
|:--------------------------|:----|:-------------------------------------|:----|----------:|:-----------------|:----|--------:|:------------------------------------------------|
| P. Austin Singleton (CEO) |     | $                                    |     | 2,520,000 | $                |     | 800,000 | 315%                                            |
| Anthony Aisquith (COO)    |     | $                                    |     | 2,520,000 | $                |     | 800,000 | 315%                                            |
| Jack Ezzell (CFO)         |     | $                                    |     | 1,020,000 | $                |     | 600,000 | 170%                                            |

Each RSU and PSU represents the right to receive a share of Class A common stock after the vesting of the respective award. The RSUs granted during fiscal year 2024 vest in equal installments on the first three anniversaries of October 1, 2023. The number of PSUs granted to the Named Executive Officers reflects a target number of PSUs. The PSUs may become contingently earned with respect to a number of PSUs ranging from 0% to