Company: RNST
Filing Date: 2025-02-26
Form Type: PRE 14A
Source: 0000715072-25-000057
Chunk: 26

Company: RENASANT CORP
Filing Date: 2025-02-26
Form: PRE 14A
Chunk 26
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 and other transactions that were under consideration at the time.

• Executive Compensation . The compensation committee’s independent compensation consultant provided training to the board with respect to topics impacting Renasant’s incentive compensation program, such as the design of short- and long-term incentives, investor and proxy advisor areas of concern relating to executive compensation, and recent legislative and regulatory developments.

• Compliance . Our chief risk officer and chief compliance officer made a presentation to the board on our enterprise risk management framework and our policies and procedures relating to regulatory compliance, focusing on the developments in the framework over the course of 2024. The presentation discussed, among other things, the establishment and status of the operational risk management program, the maturation of various aspects of Renasant’s enterprise risk management in 2024, including the model risk and third party risk management programs, and the efforts to prepare for the FBMS merger and the incorporation of its operations into Renasant’s enterprise risk management framework. The presentation also covered Renasant’s compliance program as well as its efforts with respect to fair lending and Community Reinvestment Act compliance.

In addition, outside advisors briefed the board regarding the opportunities and challenges with respect to mergers and acquisitions, the current regulatory landscape and trends, and the market fundamentals impacting the value of our stock over both the short- and long-term. Members of the board are also expected to avail themselves of external education opportunities to enhance their knowledge of corporate governance and operational risks facing Renasant and the banking industry in general and to improve their ability to oversee management in identifying and mitigating these risks. We bear the cost of the directors’ external education.

#### Director Selection and Diversity
Qualifications. The nominating committee evaluates and recommends potential new directors based on the needs of the board and Renasant generally. In addition, as noted in the discussion of our board, committee and individual director assessment process under the “Board of Directors” heading above, the nominating committee facilitates the board’s assessment of each of our directors to determine if each director is making the expected contributions to the board such that he or she should continue as a member of the board. The nominating committee’s objective is to craft a board composed of individuals with a diverse mix of backgrounds and experiences and possessing, as a whole, the experience, qualifications and skills necessary to guide a publicly-traded financial institution of Renasant’s size and scope of operations.

Although there is no formal policy, as stated in our Governance Guidelines Renasant believes that board membership should reflect diversity in its broadest sense in order to promote the inclusion of