Company: OC
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001370946-25-000125
Chunk: 48

Company: Owens Corning
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 48
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 changing the annual incentive plan metric from adjusted EBIT to adjusted EBITDA beginning in 2025.

41

T a b l e o f C o n t e n t s

#### LONG-TERM INCENTIVE PLAN
The value of actual 2024 annual LTI grants for the NEOs versus prior year grants (as applicable) are described below. To determine the 2024 grant levels, the Committee considered a variety of factors including individual performance, prior year awards (as applicable), market median LTI award levels, total compensation versus market median, and the Company’s year-over-year performance. The actual accounting charge for these awards is determined under ASC Topic 718 and may be more or less than the standardized value the Company uses internally for grant size determination.

|                   |     |   |           | 2023 LTI AWARD |   |           |     | 2024 LTI AWARD |
|:------------------|:----|:--|----------:|:---------------|:--|----------:|:----|:---------------|
| Brian D. Chambers |     | $ | 7,000,000 |                | $ | 7,500,000 |     |                |
| Todd W. Fister    |     | $ | 1,300,000 |                | $ | 1,600,000 |     |                |
| Gunner S. Smith   |     | $ | 1,300,000 |                | $ | 1,300,000 |     |                |
| Marcio A. Sandri  |     | $ | 1,300,000 |                | $ | 1,300,000 |     |                |
| Gina A. Beredo    |     | $ | 1,000,000 |                | $ | 1,200,000 |     |                |

For the 2022-2024 LTI performance cycle that completed at the end of 2024, funding criteria for the PSUs were based on the Company’s: (1) TSR performance relative to constituents of the Dow Jones Construction and Materials Index, (2) ROC performance, and (3) FCFC.

With regard to the 2022-2024 Total Shareholder Return metric, the scaled payout opportunities for percentile performance matched the design described above for the 2024-2026 TSR PSUs. In terms of actual results, the Company’s stock performed at the 93rd percentile versus companies in the