Company: PLPC
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001628280-25-014223
Chunk: 37

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 37
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 | PREFORMEDLINEPRODUCTSCOMPANY |

compensation variable and dependent on the Company’s financial performance. As shown in the charts below, NEO CAP is generally aligned with TSR, Net Income, and Return on shareh olders’ equity.

| 302024 Proxy Statement | PREFORMEDLINEPRODUCTSCOMPANY |

| 312024 Proxy Statement | PREFORMEDLINEPRODUCTSCOMPANY |

| Compensation Committee Interlocks and Insider Participation |

No director serving on the Compensation Committee during any part of 2024 was at any time either during or before 2024 , an officer or employee of the Company or any of its subsidiaries. No interlocking relationship exists between the Board or Compensation Committee and the board of directors or compensation committee of any other company, nor has any interlocking relationship existed during 2024 .

| Transactions with Related Persons |

It is the policy of the Company that the Audit Committee approves all related party transactions. Additionally, the Company has a Code of Conduct that addresses the Company’s commitment to the honesty, integrity and ethical behavior of the Company’s directors, officers and employees. The Code governs the actions and working relationships of the Company’s directors, officers and employees with current and potential customers, consumers, fellow employees, competitors, government and self-regulatory agencies, investors, the public, the media and anyone else with whom the Company has or may have contact. Each director, officer and employee is instructed to inform the Board when confronted with a situation that may be perceived as a conflict of interest. All related party transactions must be approved by the Audit Committee in advance. The Audit Committee may engage outside parties to assist it in assessing the fairness and reasonableness of related party transactions. Although the policies and procedures for related parties are not in writing, the results of actions taken by the Audit Committee are documented in formal minutes and are reported to the Board. The following are the transactions with the Company’s officers and directors that have been approved by the Audit Committee and reported to the Board in 2024 : • The Company purchased 1,263 shares of the Company at a 30-day average price per share of $125.59 from Robert G. Ruhlman on February 8, 2024. • The Company purchased 3,400 shares of the Company at a 30-day average price per share of $131.90 from Caroline S. Vaccariello on March 13, 2024 . • The Company purchased 700 shares of the Company at a 30-day average price per share of