Company: MWA
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0001350593-25-000069
Chunk: 59

Company: Mueller Water Products, Inc.
Filing Date: 2025-12-19
Form: DEF 14A
Chunk 59
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 information with respect to these agreements.

| Name                   |     | Base Salary 
 Rate(1)     
 ($)         |         |     | Annual Target Bonus as    
 Percent of Base Salary(2) 
 (%)                       |     |     |       | Monthly Car 
 Allowance   
 ($)         |     | Annual   
 Vacation | Severance Benefits as 
 Percent of Salary(3)  
 (%)                   |       |
| Marietta Edmunds Zakas |     |             | 947,250 |     |                           | 110 |     | 2,000 |             |     | 4 weeks  |                       | 300.0 |
| Paul McAndrew          |     |             | 582,400 |     |                           |  75 |     | 2,000 |             |     | 4 weeks  |                       | 262.5 |
| Melissa Rasmussen(4)   |     |             | 550,000 |     |                           |  70 |     |       | N/A         |     | 4 weeks  |                       | 150.0 |
| Todd P. Helms(4)       |     |             | 400,794 |     |                           |  60 |     |       | N/A         |     | 4 weeks  |                       | 100.0 |
| Scott P. Floyd(4)      |     |             | 426,969 |     |                           |  60 |     |       | N/A         |     | 5 weeks  |                       | 100.0 |

(1) Salaries are reviewed annually. Amounts shown represent annual salary rates as of September 30, 2025.

(2) Payout can range from zero to up to twice the amount of the target based on the satisfaction of predetermined financial, market and operational performance objectives.

(3) Other severance benefits are paid in monthly installments over 18 months for each NEO, together with a lump sum payment of unpaid salary and other benefits.

(4) Ms. Rasmussen and Messrs. Helms and Floyd are subject to the Company's executive severance plan and do not maintain separate employment agreements. The executive severance plan provides for lump sum payments for most severance benefits.

At September 30, 2025, we also maintained change-in-control arrangements with Ms. Zakas and Mr. McAndrew. Under the change-in-control agreements with Ms. Zakas and Mr. McAndrew, if a change