Company: TH
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-032818
Chunk: 55

Company: Target Hospitality Corp.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 55
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 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and regulation S-K under the Exchange Act, we are disclosing the ratio of CEO (Mr. Archer) pay to the median employee pay of all our employees (excluding the CEO) in 2024, calculated in accordance with Item 402(u) of Regulation S-K. The ratio of the 2024 annual total compensation of our CEO to the 2024 annual total compensation of the median employee of all employees (excluding the CEO) was 91:1. This ratio was based on the following: ■ The 2024 annual total compensation of our CEO, determined as described in the Summary Compensation Table included in this Proxy Statement, which was $4,070,302; and ■ The 2024 annual total compensation of the employee identified as the median employee of the Company (other than our CEO), determined in accordance with the rules applicable to the Summary Compensation Table, which was $44,566. For 2024 the Company identified its median employee in accordance with the rules prescribed by law. The methodology and the material assumptions and estimates we used to determine the median employee in 2024 and to calculate the ratio of our CEO’s and median employee’s annual total compensation in 2024 were as follows: ■ Total Employee Population : We determined that, as of December 31, 2024, the date we selected to identify the median employee, our employee population consisted of approximately 1,433 individuals. As permitted under the non-US de minimis exception, we excluded 24 employees located in jurisdictions outside of the United States (all 24 of which reside in Canada). ■ Compensation Measure Used to Identify the Median Employee : For purposes of identifying the median employee, we used the annualized base salary and overtime earnings for the period beginning January 1, 2024, and ending December 31, 2024. ■ Annual Total Compensation of CEO : With respect to the annual total compensation of our CEO, in accordance with SEC rules, we used the amount reported for Mr. Archer in the “Total” column for 2024 in the Summary Compensation Table included in this Proxy Statement. The 2024 total compensation for Mr. Archer was $4,070,302. ■ Annual Total Compensation of Median Employee : Based on the same methodology we use for NEOs in the Summary Compensation Table, the 2024 annual total compensation for the median employe was $44,566. ■ Ratio : The ratio of the 2024 total compensation