Company: MCFT
Filing Date: 2025-09-15
Form Type: DEF 14A
Source: 0001193125-25-202806
Chunk: 23

Company: MasterCraft Boat Holdings, Inc.
Filing Date: 2025-09-15
Form: DEF 14A
Chunk 23
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 metrics represent 70% of the bonus opportunity. (3) For additional information regarding and reconciliation of this non-GAAP financial measure, See “Appendix A – Reconciliation of Non-GAAP Measures.” (4) Strategic metrics represent 30% of the bonus opportunity, equally weighted over market share and CSI attainment. The consolidated results are made up of segment specific targets for each strategic metric. The table below sets forth the threshold, target and maximum percentages of base salary for awards under the 2025 STIP, together with the achievement and actual bonus levels paid to our named executive officers, based on actual Company and individual results and after giving effect to the CHC Committees exercise of negative discretion.

|                       | AWARD OPPORTUNITY |              |              | BONUS PAID |   |     |   |         |
|:----------------------|:------------------|:-------------|:-------------|:-----------|:--|:----|:--|--------:|
| NAME                  | THRESHOLD         | TARGET       | MAXIMUM      | % OF       
 TARGET(2)  |   |     | $ |         |
| Bradley M. Nelson     | 30% of base       
 salary            | 100% of base 
 salary       | 190% of base 
 salary       | 110.0%     |   |     |   | 709,500 |
| Timothy M. Oxley      | 15% of base       
 salary            | 60% of base  
 salary       | 95% of base  
 salary       | 110.0%     |   |     |   | 259,116 |
| George Steinbarger(1) | 15% of base       
 salary            | 50% of base  
 salary       | 95% of base  
 salary       |            | — |     |   |       — |

(1) Mr. Steinbarger left the Company in February 2025, and therefore was not eligible to receive a payout under the 2025 STIP. (2) The CHC Committee adjusted the payout down to 110% to better reflect the overall view of the Company’s performance in fiscal 2025. LONG-TERM EQUITY INCENTIVE COMPENSATION Equity awards represent an important component of our named executive officer compensation. We believe long-term incentive awards align the interests of our shareholders and our named executive officers by increasing the proprietary interest of our named executive officers in the Company’s growth and success, advance the Company’s interests