Company: LPX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001104659-25-028584
Chunk: 18

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 18
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 LP’s enterprise risk management program, which includes consideration of operational risks, cyber-security risks, and financial risk related to accounting matters, financial reporting and legal and regulatory compliance; » reviewing various guidelines for cash, credit and liquidity measures; » reviewing risks related to financial disclosures and reporting; and » reviewing the audit risk assessment identifying internal controls and risks that affect the audit plan for the coming year. The Board and the Audit Committee share oversight of risks from cybersecurity threats. The Audit Committee oversees our cybersecurity program. LP’s Information Security Officer provides the Audit Committee with an annual presentation on our cybersecurity program, emerging threats, and the state of LP’s cybersecurity maturity. In addition, the Information Security Officer provides quarterly and other periodic updates to the Audit Committee regarding LP’s cybersecurity program. The Governance Committee is responsible for oversight of risk related to various regulatory changes and trends related to corporate governance, including Board member selection and maintaining appropriate corporate governance principles and guidelines, as well as overseeing annual evaluations to assess Board and committee effectiveness. Additionally, the Governance Committee is responsible for oversight of risk related to LP’s sustainability strategy, safety, environmental and product quality policies and practices, programs for ethics and business conduct, including various matters raised through LP’s anonymous hotline reporting service, legal compliance, political activities and advocacy and human resource practices. The Compensation Committee is responsible for oversight of risk relating to employment policies and LP’s compensation and benefits systems, and annually reviewing these policies and practices to determine whether they are reasonably likely to have a material adverse effect on LP. LOUISIANA-PACIFIC CORPORATION ● 2025 PROXY STATEMENT | 20 TABLE OF CONTENTS For more than half a century, LP has worked to deliver on our purpose: Building a Better World™. From the way we manage forests and manufacture sustainable products to the way we protect the health, safety, and well-being of our team members, we work to ensure that LP contributes to better, more efficient, and more durable building products and in turn, a better world for all. Our sustainability program is centered on five pillars: governance, people, environment, products and community. For additional information about our program, priorities and metrics, read our 2024 Sustainability Report. The 2024 Sustainability Report is available on our website at www.lpcorp.com/sustainability. The 2024 Sustainability Report and other information contained on our website are not incorporated by reference herein. OVERSIGHT Oversight for LP’s sustainability program begins with our Governance Committee. The committee meets at least three times a year and oversees our sustainability strategy as