Company: TISI
Filing Date: 2025-04-15
Form Type: PRE 14A
Source: 0000318833-25-000024
Chunk: 42

Company: TEAM INC
Filing Date: 2025-04-15
Form: PRE 14A
Chunk 42
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 appropriate internal controls. The Compensation Committee concluded that the Company’s compensation philosophy, plans, programs and policies, considered as a whole, including applicable risk-mitigation features, are not reasonably likely to have a material adverse effect on the Company. This determination, which was conducted by our Compensation Committee with the assistance of our other independent directors, senior management and the Compensation Committee’s outside compensation consultant, covered a wide range of practices and policies. The Compensation Committee continues to monitor its compensation policies and practices to determine whether its risk management objectives are being satisfied.

#### Tax Considerations
U.S. Internal Revenue Code Section 162(m) imposes a $1 million annual limit on the amount that a public company may deduct for compensation paid to the Chief Executive Officer and certain other executive officers (“covered employees”). As such, any compensation in excess of the $1 million annual limit that we may pay to a covered employee is not deductible.

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### EXECUTIVE COMPENSATION AND OTHER MATTERS
The following Summary Compensation Table provides certain summary information concerning the compensation earned for services rendered in all capacities to Team and our subsidiaries for the years ended December 31, 2023 and 2024 by our Chief Executive Officer, Executive Vice President and Chief Financial Officer, and Executive Vice President, Administration and Chief Legal Officer and Secretary.

#### 2024 Summary Compensation Table
| Name and Principal Position                                                 |     | Fiscal 
 Year   |     |      |     | Salary 
 ($)    |         |     | Bonus  
 ($)(1) |         |     | Stock  
 Awards 
 ($)(2) |           |     | Non-Equity Incentive Plan Compensation ($)(3) |         |     | All Other Compensation ($)(4) |        |     | Total ($) |           |
|:----------------------------------------------------------------------------|:----|:-------|:----|-----:|:----|:-------|--------:|:----|:-------|--------:|:----|:-------|----------:|:----|:----------------------------------------------|--------:|:----|:------------------------------|-------:|:----|:----------|----------:|
| Keith D. Tucker                                                             |     |        |     | 2024 |     | $      | 750,000 |     | $      |       — |     | $      |         — |     | $                                             | 880,725 |     | $                             | 29,016 |     | $         | 1,659