Company: EME
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015031
Chunk: 73

Company: EMCOR Group, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 73
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 fees for the Chairpersons of the committees were the following amounts, as described further below: Audit Committee - $20,000 through June 6, 2024, then $25,000 thereafter; Corporate Governance Committee – $13,000 through June 6, 2024, then $20,000 thereafter; and Compensation Committee – $15,000 through June 6, 2024 then $20,000 thereafter. In addition, the members of each committee received the following annual fee: Audit Committee – $7,000; Corporate Governance Committee – $5,000; and Compensation Committee – $6,000. Mr. M. Kevin McEvoy, our Lead Director, was entitled to an annual fee of $30,000 through June 6, 2024, then $50,000 thereafter. Director and Committee fees are payable quarterly in advance. The Corporate Governance Committee annually reviews compensation and other benefits for the Company’s non-employee directors. Biannually, the committee engages Mercer to assess the competitiveness of the current compensation package for non-employee directors. Mercer compares the Company’s current program against (i) directors serving at other large public companies with experiences and skill sets similar to those of our directors and (ii) directors serving at our Comparator Companies. In 2024, Mercer concluded that the Company’s current annual director fee is competitively positioned in the upper quartile of the market versus both comparator sets but recommended that the fees for serving as a chairperson of a board committee and lead director be increased to the amounts described above. Mercer also recommended that the equity portion of the fee be raised from $170,000 to $180,000 to make it in line with the equity granted to directors by our Comparator Companies. The Corporate Governance Committee used the same factors used by the Compensation Committee to determine that there was no conflict of interest in using Mercer for such analysis. Such factors are set forth under “Meetings and Committees of the Board of Directors — Role of Compensation Consultants” commencing on page 13. The terms of our Amended and Restated 2010 Incentive Plan established a limit of $425,000 on the total amount of compensation that could be payable to a non-employee Company director during a calendar year, whether in the form of cash or stock. 49

AUDIT COMMITTEE REPORT The following Audit Committee Report does not constitute soliciting material and should not be deemed filed or incorporated by reference into any other Company filing under the Securities Act or the Exchange Act, except