Company: NC
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0000789933-25-000012
Chunk: 79

Company: NACCO INDUSTRIES INC
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 79
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 financial reporting and controls.

The appointment of EY as our independent registered public accounting firm is not required to be submitted to a vote of our stockholders for ratification. However, our Board believes that obtaining stockholder ratification is a sound governance practice.

| YOUR BOARD AND AUDIT REVIEW COMMITTEE RECOMMEND THAT YOU VOTE "FOR" PROPOSAL 4 TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2025. |

It is expected that representatives of EY will attend the Annual Meeting, with the opportunity to make a statement if they so desire and, if a representative is in attendance, the representative will be available to answer appropriate questions.

If our stockholders fail to vote in favor of the appointment of EY, the Audit Review Committee will take such actions as it deems necessary as a result of such stockholder vote. Even if the appointment of EY is ratified, the Audit Review Committee may select a different independent registered public accounting firm at any time during fiscal year 2025 if it determines that such a change would be in the best interests of the Company and its stockholders.

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| PART IV - OTHER IMPORTANT INFORMATION |

| Equity Compensation Plan Information |

The following table sets forth the information as of December 31, 2024 with respect to our compensation plans (including individual compensation arrangements) under which equity securities are authorized for issuance:

| Plan Category                                              |     | Number of Securities to Be Issued Upon Exercise of Outstanding Options, Warrants and Rights |     | Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights |     | Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column(a)) |
| Class A Shares:                                            |     |                                                                                          -a |     | -b                                                                          |     |                                                                                                                                         -c |
| Equity compensation plans approved by security holders     |     |                                                                                           0 |     | N/A                                                                         |     |                                                                                                                                    616,681 |
| Equity compensation plans not approved by security holders |     |                                                                                           0 |     | N/A                                                                         |     |                                                                                                                                          0 |
| Total                                                      |     |                                                                                           0 |     | N/A                                                                         |     |                                                                                                                                    616,681 |
| Class B Shares:                                            |     |                                                                                             |     |                                                                             |     |                                                                                                                                            |
| Equity compensation plans