Company: MCFT
Filing Date: 2025-09-15
Form Type: DEF 14A
Source: 0001193125-25-202806
Chunk: 16

Company: MasterCraft Boat Holdings, Inc.
Filing Date: 2025-09-15
Form: DEF 14A
Chunk 16
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 compensation of the Company’s named executive officers set forth under “Compensation Discussion and Analysis”, including Summary Compensation Table and the related compensation tables and narratives in the Proxy Statement for the 2025 Annual Meeting of Shareholders. This proposal to approve the compensation paid to our named executive officers is advisory only and will not be binding on the Company, the Board of Directors or the CHC Committee, and will not be construed as overruling a decision by, or creating or implying any additional fiduciary duty for, the Company, the Board of Directors or the CHC Committee. However, the CHC Committee, which is responsible for designing and administering the Company’s executive compensation program, values the opinions expressed by shareholders in their vote on this proposal and will consider the outcome of the vote when making future compensation decisions for our named executive officers. The non-binding advisory vote on the compensation of our named executive officers will occur on an annual basis.

| ☑ VOTING RECOMMENDATION                                                                                                               |
| The Board of Directors recommends that you vote FOR the advisory resolution approvingthe compensation of our named executive officers |

| MASTERCRAFT BOAT HOLDINGS, INC. | 2025 PROXY STATEMENT | 29 |

C O MPENSATION DISCUSSION AND ANALYSIS EXECUTIVE SUMMARY Compensation Program ▪ Approximately 50% of our CEO’s target pay, and approximately 38% of our other named executive officers’ target pay, is strictly performance based. ▪ Approximately 74% of our CEO’s target pay, and approximately 58% of our other named executive officers’ target pay, is variable. Fiscal 2025 overview On a consolidated basis, net sales were $284.2 million and Adjusted EBITDA was $24.4 million. Our annual incentive program reflected our financial performance, with Divisional Free Cash Flow of $29.9 million, and when considering strategic and segment-specific metrics, resulted in a payout of 110% of target for our named executive officers after the CHC Committee’s exercise of negative discretion as summarized below. INTRODUCTION This Compensation Overview provides a discussion of our executive compensation program, together with a description of the material factors underlying the decisions that resulted in the compensation provided to our named executive officers, as presented in the tables which follow this discussion. The Company’s named executive officers and positions held during fiscal 2025 are set forth below:

| BRADLEY M. NELSON Chief Executive Officer and Director |     | TIMOTHY M. OXLEY Former Chief