Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 2

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 2
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 portion of each executive officer’s       
 total compensation opportunity is based on our financial results—disappointing        
 performance results in little or no payout while superior performance leads to larger 
 payouts—and the portion of compensation based on our financial performance increases  
 with the officer’s level of responsibility;                                           |

| • | is                                                                                              
 significantly stock-based. Stock-based compensation ensures our executives and our shareholders 
 have common interests and are aligned with enterprise value creation;                           |

| • | enhances                                                                               
 retention of our executives—much of their total compensation vests over several years; |

| • | links                                                                                      
 a significant portion of their total pay to the execution of strategies intended to create 
 long-term shareholder value;                                                               |

| • | does                                                                     
 not encourage our executives to take unnecessary or excessive risks; and |

| • | enables                                                                                                     
 us to compete effectively for talented individuals who will help us successfully execute our business plan. |

In structuring annual and long-term incentive compensation opportunities, we select performance measures that we believe significantly drive the value of our company. In 2024, we awarded stock options and restricted stock units that vest over three years and Performance Share Awards that vest based on our relative total shareholder return over a three-year period, both to encourage retention and to provide incentives for performance to increase the value of our shares. We have structured our compensation programs to align with the interests of our shareholders and to result in payment based on our performance. We employ best practices in executive compensation.

| • | We                                                                                                                      
 balance short-term and long-term compensation to discourage short-term risk-taking at the expense of long-term results. |

| • | We                                                                                    
 align the interests of our executive officers with the interests of our shareholders. |

| • | Our                                                                                               
 long-term incentive compensation is focused on the relative and absolute returns to shareholders, 
 while aligning the experience of management with that of our shareholders.                        |

| • | We                                                                                     
 require our senior officers to own and retain meaningful amounts of Enpro stock and to 
 increase their ownership as their levels of responsibility increase.                   |

| • | Our                                                                                        
 Compensation and Human Resources Committee relies on an independent executive compensation 
 consultant to evaluate our compensation programs. The consultant reports directly to       
 the committee and provides no other services to our company.                               |

| • | We                             
 have very limited perquisites. |

| • | We                                                                                          
 generally make compensation decisions and grant equity and other compensation awards        
 only on an annual basis, with interim adjustments and awards only in unusual circumstances,