Company: NEOG
Filing Date: 2025-09-12
Form Type: DEF 14A
Source: 0000950170-25-114381
Chunk: 32

Company: NEOGEN CORP
Filing Date: 2025-09-12
Form: DEF 14A
Chunk 32
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 experience or unique responsibilities. Actual earned salary for fiscal 2025 is shown in the “Salary” column of the Summary Compensation Table. Base salary rates and changes from 2024 to 2025, if applicable, are shown in the following table.

| Name             |     | Fiscal Year 2025 Salary Rate |   |         |     | Fiscal Year 2024 Salary Rate |   |         |     | Percent Increase (1) |     |       |    |
|:-----------------|:----|:-----------------------------|:--|--------:|:----|:-----------------------------|:--|--------:|:----|:---------------------|:----|------:|:---|
| John E. Adent    |     |                              | $ | 810,000 |     |                              | $ | 810,000 |     |                      |     |   0.0 | %  |
| Douglas E. Jones |     |                              |   | 120,000 |     |                              |   | 514,800 |     |                      |     | (76.7 | )% |
| David H. Naemura |     |                              |   | 650,000 |     |                              |   | 520,000 |     |                      |     |  25.0 | %  |
| Amy M. Rocklin   |     |                              |   | 455,000 |     |                              |   | 442,900 |     |                      |     |   2.7 | %  |

(1) Mr. Jones’ base salary in fiscal year 2025 was adjusted on January 1, 2025 to $530,000 to align with market median compensation and then adjusted down on April 1, 2025, from $530,000 to $120,000 to reflect the change in his role to Operations Advisor. Mr. Naemura’s base salary in fiscal year 2025 was adjusted on January 1, 2025, from $535,000 to $650,000 to reflect his additional role of Chief Operating Officer beginning January 1, 2025. Ms. Rocklin’s base salary in fiscal year 2025 was adjusted on January 1, 2025 to more closely align with 2025 market median compensation. Annual Incentive Compensation Plan (ICP) Fiscal year 2025 marks the second consecutive year that Neogen utilized a formulaic annual Incentive Compensation Plan