Company: JBI
Filing Date: 2025-04-10
Form Type: PRE 14A
Source: 0001140361-25-013248
Chunk: 86

Company: Janus International Group, Inc.
Filing Date: 2025-04-10
Form: PRE 14A
Chunk 86
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 of service for any reason, except upon death or disability or upon a Change in Control of the Company, so long as the director continuously provides service to the Company or any affiliate from the grant date through the consummation of the Change in Control. Other than as set forth in the table and described

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TABLE OF CONTENTS above, we did not pay any compensation, make any equity awards or non-equity awards to, or pay any other compensation to, any of the other non-employee members of our Board in 2024. Mr. Jackson, our Chief Executive Officer, receives no compensation for service as a director and, consequently, is not included in this table. The compensation received by Mr. Jackson as an employee of the Company is presented in “— Summary Compensation Table.” 60 TABLE OF CONTENTS PROPOSAL 4 – APPROVAL OF AN AMENDMENT AND RESTATEMENT OF OUR CERTIFICATE OF INCORPORATION TO DECLASSIFY THE BOARD OF DIRECTORS Our Certificate currently provides for a classified Board, divided into three classes of directors, with each class elected for a three-year term. The Board has unanimously approved and is recommending that shareholders approve an amendment and restatement of our Certificate to phase out the classified board structure and transition to annual elections of directors (the “Declassification Amendment”). As part of our Board’s regular review of our corporate governance, our Board considered the advantages and disadvantages of retaining a classified board structure, as well as advice from outside experts and our advisors regarding matters of corporate governance. The Board considered that a classified board structure may promote shareholder value by providing continuity and stability in the management of the business and affairs of the company, as a majority of the Board always has prior experience as directors of the company. In addition, under certain circumstances, classified boards may protect shareholder value by forcing an entity seeking control of the company to initiate discussions at arm’s length with the Board, because the entity cannot replace the majority of the Board in a single election. The Board also considered, however, that even without a classified board, the Certificate and Bylaws contain, and the General Corporation Law of the State of Delaware (“DGCL”) provides to the Company, appropriate safeguards to protect the interests of all shareholders and discourage a would-be acquirer from proceeding with a proposal that undervalues the Company or is opportunistic at the expense of all other shareholders. In addition, the Board considered that many shareholders believe that classified boards can impede the accountability of directors to the shareholders. After balancing these considerations,