Company: SBH
Filing Date: 2025-12-10
Form Type: DEF 14A
Source: 0001193125-25-313464
Chunk: 50

Company: Sally Beauty Holdings, Inc.
Filing Date: 2025-12-10
Form: DEF 14A
Chunk 50
---
 November 15, 2026 and November 15, 2027 respectively, subject to the executive's continued employment on such date. |

| SALLYBEAUTY HOLDINGS, INC. | 53 | 2025 Proxy Statement |

| FY26Changes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | Compensation Program ChangesFor FY26, we continued to focus on additional improvements to our Strategic Initiatives aimed at driving long-term future growth and enhanced efficiencies and profitability. We, again, strived to balance retention, incentivizing associates on key growth and efficiency initiatives and growing our value for shareholders. As a result, we did not make any material changes to our compensation program for FY26.                                                                                                                                                                                  |                   |
| CorporateGovernance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | WHAT WE DO                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | WHAT WE DO NOT DO |
| ✓ Closely align pay with performance✓ Retain an independent compensation consultant✓ Conduct an annual review of our peer group composition✓ Conduct an annual review of our executive officer performance and compensation✓ Conduct an annual review of our incentive compensation design✓ Limit incentive compensation with a maximum payout cap✓ Maintain a comprehensive clawback policy✓ Require a minimum vesting period for equity✓ Maintain equity ownership policy and retention requirements | ✗ No employment agreements for executive officers✗ No discounting or repricing of stock options without stockholder approval✗ No pledging or hedging transactions with respect to Company stock✗ No “single trigger” change-in-control severance benefits✗ No “single trigger” change-in-control equity acceleration for assumed awards✗ No 280G excise tax “gross-ups”✗ No excessive executive benefits or perquisites✗ No tax “gross-ups” for executive benefits or perquisites (with certain limited exceptions in the case of new-hire or health-related benefits)✗ No compensation programs that encourage excessive risk taking |                   |

| SALLYBEAUTY HOLDINGS, INC. | 54 | 2025 Proxy Statement |

Compensation Philos ophy and Objectives Our Compensation and Talent Committee (“Committee”) designs our compensation programs with the following philosophies and objectives in mind:

| Pay for Performance               | ✓ Link incentive compensation to performance through objectives that align with shareholder and other stakeholder interests and drive annual and long-term results.✓ The higher the level in the organization, the greater the link to performance (more at-risk; making leaders more accountable).                                                                                    |
| Alignment with Shareholders       | ✓ Align executive and long-term shareholder