Company: GEF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0000043920-25-000004
Chunk: 46

Company: GREIF, INC
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 46
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 Company stock valued at the following multiple of their annual base salary:

| Position                            |     | Ownership Level |
| CEO                                 |     | 5X Base Salary  |
| Executive Officers (other than CEO) |     | 3X Base Salary  |
| Key Employees                       |     | 1X Base Salary  |

Our executive officers and key employees have five years after initial participation in the LTIP, or the attainment of a position that requires a higher threshold, as the case may be, to meet these stock ownership guidelines. Our executive officers and key employees are generally required to retain 100% of the shares received under the LTIP until they have satisfied the stock ownership threshold associated with their positio n. Once in compliance with the stock ownership guidelines associated with their position, executive officers and key employees will remain in compliance with these guidelines regardless of decreases in the trading price of our shares, changes to their base salary or immaterial dispositions of shares, until attainment of a position requiring a higher threshold, in which case the five-year compliance period starts again. The Compensation Committee annually reviews compliance by our executive officers and key employees with these stock ownership guidelines. The Compensation Committee has determined that each NEO is in compliance with the stock ownership guidelines or within the five-year compliance period associated with their position. Failure to satisfy the requirements of the guidelines may impact participation by an executive officer or key employee in the LTIP in future years, among other matters.

| Retirement and Deferred Compensation Plans |

The Company offers a number of retirement and deferred compensation plans. Due to the varying tenure of our NEOs and the transition of certain of our retirement plans, our NEOs participate in different programs based on hire date. The table below indicates the retirement benefits each NEO was eligible for in fiscal 2024.

| Name                |     | Defined Benefits |     |           |     | Defined Contribution |     |      |     |       |     |   |
| Qualified           |     | Nonqualified     |     | Qualified |     | Nonqualified         |     |      |     |       |     |   |
| Pension Plan        |     | SERP             |     | 401(k)    |     | DC SERP              |     | NQSP |     | NQDCP |     |   |
| Mr. Rosgaard        |     |                  |     |           |     | ü*                   |     |      |     | ü     |     | ü |
| Mr. Hilsheimer      |     |                  |