Company: CF
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001104659-25-027767
Chunk: 64

Company: CF Industries Holdings, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 64
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 a clean energy economy and the extensive resources and employee effort focused on advancing our strategic initiatives, decarbonizing our ammonia network, developing low-carbon ammonia capacity and progressing toward our 2030 and 2050 GHG emission goals. Payout under the Clean Energy Metric was determined by completion of specified clean energy milestones relating to the development of a new carbon capture and sequestration project, the advancement of a project to develop a greenfield low-carbon ammonia facility, the commercialization of greenhouse gas (GHG) abatement credits, and the implementation of recommendations for reporting GHG Scope 1 emissions. The compensation and management development committee established the following performance levels relating to completion of the specified clean energy milestones and corresponding percentages of target opportunity earned with respect to the Clean Energy Metric for 2024:

| ​ | Performance Level | ​ | ​ | Clean Energy MetricMilestone Completion | ​ | ​ | Percentage ofClean Energy MetricTarget Award Earned | ​ |
| ​ | Below Threshold   | ​ | ​ | Less than 1 milestone                   | ​ | ​ | 0%                                                  | ​ |
| ​ | Threshold         | ​ | ​ | 1 milestone                             | ​ | ​ | 50%                                                 | ​ |
| ​ | Target            | ​ | ​ | 2 milestones                            | ​ | ​ | 100%                                                | ​ |
| ​ | Intermediate      | ​ | ​ | 3 milestones                            | ​ | ​ | 150%                                                | ​ |
| ​ | Maximum           | ​ | ​ | 4 milestones                            | ​ | ​ | 200%                                                | ​ |

If the Clean Energy Metric milestone completion is less than the 1 milestone threshold performance level, there is no payout under the Clean Energy Metric. Selection of Performance Levels for the Sustainability Metric for 2024 The Sustainability Metric reflects the continued importance of, and the extensive resources and employee effort involved with, key initiatives that continue to advance efforts to streamline, automate and integrate process, technology and reporting capabilities for our long-term growth and sustainability. Payout under the Sustainability Initiative Metric was determined by completion of specified milestones relating to the migration and implementation of a new asset management and procurement system, completing the system integration of the Waggaman facility acquired in December 2023 and expanding functionality and enhancing capabilities of our systems to meet anticipated market and regulatory requirements and to leverage new technologies. The compensation and management development committee established the following performance levels relating to completion of the specified milestones and corresponding percentages of target opportunity earned with respect to the Sustainability Initiative Metric