Company: GEF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0000043920-25-000004
Chunk: 21

Company: GREIF, INC
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 21
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Greif - Proxy Statement 19

| NOMINATING AND CORPORATE GOVERNANCE COMMITTEE4meetings in fiscal 2024 |     |                                                                                                                                         |
| Members:                                                              
 John W. McNamara  (Chair)                                             
 Mark A. Emkes                                                         
 Frank C. Miller                                                       
 Kimberly T. Scott                                                     |     | Primary Responsibilities:                                                                                                               
 •Evaluates and recommends to the Board qualified director nominees for election using the criteria set forth in the Committee’s charter 
 •Evaluates and recommends changes to the size, composition and structure of the Board and its committees                                
 •Reviews and recommends Board and committee leadership structure and committee membership                                               
 •Assists the Board with oversight and review of environmental, social and governance matters                                            
 •Administers and oversees the annual Board and Committee evaluation process                                                             
 •Oversees Board succession planning                                                                                                     
 •Reviews and recommends to the Board changes to our corporate governance guidelines                                                     |

| STOCK REPURCHASE COMMITTEE0 meetings in fiscal 2024 |     |                                                             |
| Members:                                            
 Bruce A. Edwards (Chair)                            
 Frank C. Miller                                     
 Robert M. Patterson                                 |     | Primary Responsibilities:                                   
 •Responsible for administering our stock repurchase program |

The Board held five meetings during fiscal 2024 and all incumbent directors attended at least 75 percent of the meetings of the Board of Directors and committees on which he or she served during his or her respective periods of service. Under our Corporate Governance Guidelines, directors are expected to attend our Annual Meeting. All directors nominated for election, at that time, attended the 2024 virtual annual meeting.

| Board Leadership Structure |

Our Board is the ultimate decision-making body of the Company, except for those matters reserved to or shared with the stockholders. The day-to-day business is conducted and managed by the management of the Company under the direction of the Chief Executive Officer (“CEO”). Our current Board leadership structure consists of a Chairman of the Board, Mr. Edwards, an independent director, eight other independent directors, and one management director, Mr. Rosgaard, our current CEO.

Our Board believes maintaining separate Chairman and CEO roles continues to be an effective Board leadership structure for the Company. This structure will continue to permit Mr. Rosgaard to primarily focus his time and attention on the business operations, while Mr. Edwards, as Chairman of the Board, directs his attention on guiding the Board’s agenda and setting priorities for the Company to strategically address opportunities and challenges. Mr. Edwards' tenure