Company: IR
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015748
Chunk: 47

Company: Ingersoll Rand Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 47
---
 Andrew Schiesl     |     |        10,359 |     | 200%        |     |              20,718 |
| Kathleen Keene     |     |         4,238 |     | 200%        |     |               8,476 |

CEO Performance-Conditioned Stock Options Earned in Respect of 2024 Performance and Granted in 2025 For fiscal year 2024, adjusted EPS calculated under the terms of the CEO’s Employment Agreement, which utilizes a fixed tax rate, would have resulted in as reported adjusted EPS growth of 12%. As a result, in February 2025, the Committee certified that the third tranche of the CEO’s performance-conditioned stock options had been earned, and on February 26, 2025, Mr. Reynal was awarded stock options to purchase 100,000 shares. These options do not vest until the fifth anniversary of the grant date and will be forfeited if Mr. Reynal resigns before such date, and as such, provide a significant retention incentive. The Decision-Making Process The Committee oversees the executive compensation program for our NEOs. The Committee works closely with its independent compensation consultant and management to examine the effectiveness of the Company’s executive compensation program throughout the year. For additional information regarding the Committee, see “The Board of Directors and Certain Governance Matters—Board Committees and Meetings—Compensation Committee.” The Role of the Compensation Committee. The Committee ensures that the executive compensation program supports the Company’s business goals and aligns with stockholder interests. The Committee annually reviews NEO compensation levels by considering various factors, including:

| • | The relative importance of each NEO’s role and responsibilities |

| • | How the NEO has performed relative to these roles and responsibilities |

| • | Compensation practices of Peer Group companies (as defined below) |

| • | Overall company performance |

| • | Retention and succession considerations |

The Role of Management. Our CEO makes recommendations to the Committee regarding compensation for the executive officers other than himself. No member of management participates in discussions with the Committee regarding his or her own compensation. The Role of the Independent Compensation Consultant. Pay Governance served as the Committee’s independent compensation consultant in 2024. During 2024, the Committee directed Pay Governance to provide its expertise and analysis on a variety of topics, including the compensation peer group review, a competitive market assessment for executive and non-employee director compensation levels, a review of governance matters pertaining to executive and employee compensation and the structure of short- and