Company: SXT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001140361-25-008248
Chunk: 65

Company: SENSIENT TECHNOLOGIES CORP
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 65
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     |            — |     |            — |     |   -1,894,814 |     |    3,339,420 |
| Portfolio optimization plan costs, before tax                   |     |    6,631,225 |     |   27,840,867 |     |            — |     |            — |     |            — |
| COVID-19 employee payment, before tax                           |     |            — |     |            — |     |            — |     |            — |     |    3,021,932 |
| Adjusted EBITDA                                                 |     | $268,622,778 |     | $249,616,571 |     | $262,824,029 |     | $241,869,230 |     | $218,647,563 |

59

Company Total Shareholder Return vs. Peer Group Total Shareholder Return As shown in the chart below, the Company’s total shareholder return has generally tracked the Standard & Poor’s Midcap Specialty Chemicals Index, except in 2021, which is the year that compensation actually paid to our executive officers was the highest, primarily as a result of the use of equity incentives in our compensation program. As a global manufacturer and marketer of colors, flavors, and other specialty ingredients, we believe that there are very few publicly-traded companies located in the United States that would be considered our peers. However, we have historically used the Standard & Poor’s Midcap Specialty Chemicals Index as a peer group because it aligns with our Global Industry Classification Standard code. Compensation Actually Paid vs. Total Shareholder Return As shown in the chart below, the compensation actually paid to the CEO and other NEOs is generally aligned with the Company’s total shareholder return. This alignment is due primarily to the use of equity incentives in our compensation program, which have a value tied to the Company’s stock price. Although the Company does not use total shareholder return as a metric when determining compensation for its executives, as the Company’s stock price increases, the value of equity awards generally increases. 60 Compensation Actually Paid vs. Net Income The Company does not use net income as a metric when determining compensation for its executives and, therefore, we do not believe there is an alignment between compensation actually paid and the Company’s net income. Compensation Actually Paid vs. Adjusted EBITDA We identified Adjusted EBITDA as our company-selected measure that represents, in our view, the most important financial performance measure used to link compensation actually paid in