Company: LPX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001104659-25-028584
Chunk: 54

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 54
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4.6%      | ​ |
| ​ | Jason P. Ringblom   | ​ | ​ | ​                   | ​ |   600,478 | ​ | ​ | ​ | ​                   | ​ |   566,489 | ​ | ​ | ​ | 6.0%      | ​ |
| ​ | Jimmy E. Mason      | ​ | ​ | ​                   | ​ |   600,464 | ​ | ​ | ​ | ​                   | ​ |   566,475 | ​ | ​ | ​ | 6.0%      | ​ |
| ​ | Nicole C. Daniel    | ​ | ​ | ​                   | ​ |   551,487 | ​ | ​ | ​ | ​                   | ​ |   525,226 | ​ | ​ | ​ | 5.0%      | ​ |

Annual Incentive Plan On February 13, 2025, the Compensation Committee approved the 2025 Annual Incentive Plan. For Mr. Southern, Mr. Haughie and Ms. Daniel, awards under the 2025 Annual Incentive Plan are based 70% on LP’s corporate financial performance and 30% on LP’s business unit financial performance. For Mr. Ringblom and Mr. Mason, awards under the 2025 Annual Incentive Plan are based 40% on LP’s corporate financial performance and 60% on executive officer-specific business unit financial performance.

LOUISIANA-PACIFIC CORPORATION ● 2025 PROXY STATEMENT | 52

TABLE OF CONTENTS COMPENSATION OF EXECUTIVE OFFICERS Long-Term Equity Incentive Compensation On February 13, 2025, the Compensation Committee approved long-term equity grants to the NEOs consisting of PSUs (60%) and RSUs (40%) for the CEO, and PSUs (50%) and RSUs (50%) for all other NEOs. The 2025 RSUs will vest in three equal annual installments beginning on the first anniversary of the grant date, and the 2025 PSUs will vest on the third anniversary of the grant date based on achievement of the performance goal at the end of the three-year performance period (2025-2027), in each case only if the NEO remains in continuous employment through the applicable vesting date(s) and subject to acceleration upon certain events. The 2025 PSU and RSU award agreements provide for the settlement of the awards in LP Common Stock only