Company: CF
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001104659-25-027767
Chunk: 65

Company: CF Industries Holdings, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 65
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 for 2024:

| ​ | Performance Level | ​ | ​ | Sustainability MetricProcess Technology andReporting CapabilitiesMilestone Completion | ​ | ​ | Percentage ofSustainabilityInitiative 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 Sustainability Metric milestone completion is less than the 1 milestone threshold performance level, there is no payout under the Sustainability Metric.

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TABLE OF CONTENTS

Selection of Performance Levels for the Process Safety Performance Metric for 2024 The Process Safety Metric reflects our focus on safely operating our facilities in a way that benefits a broad set of stakeholders: employees, shareholders, customers and the communities in which we operate. The Process Safety Metric has a behavioral safety gate, whereby each of our production and distribution facilities develops and implements specific behavioral safety objectives that are pertinent and meaningful to each work group at the site. Each employee is involved in developing and taking ownership for completing objectives that make their workplace safer and effect a positive change in the safety culture. Each quarter, evaluations are conducted and an overall achievement score (0-100 points) for each hourly group and individual manager is assigned. Under the Process Safety Metric, the quarterly scores issued to all site employees were aggregated. If at least 95% of all individual safety scores were “80 points” or better for the year, the safety performance gating requirement would be achieved. If the safety performance gating requirement was not achieved, there would be no payout under the Process Safety Metric. The compensation and management development committee established the following completion percentages for the completion of safety critical equipment inspections on schedule and timely management of changes performance (MOCs) levels and corresponding percentages of target opportunity earned with respect to the Process Safety Metric for 2024, subject to first achieving the safety performance gating requirement:

| ​ | Performance Level | ​ | ​ | Process Safety MetricTimely CompletionPercentage forInspections and MOCs | ​ | ​