Company: CODI-PB
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001140361-25-013771
Chunk: 24

Company: Compass Diversified Holdings
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 24
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 amounts of the common shares of the Trust to promote a long-term perspective and confidence in the Company and to ensure alignment with shareholders, capital markets and public interests. To meet this objective, in February of 2023 the Board established share ownership guidelines for non-employee directors, which we refer to as our “Director Share Ownership Guidelines” under which each non-employee director is expected to acquire and continue to hold during his or her term as a director of the Company common shares of the Trust having a value equal to five (5) times such director’s annual cash retainer, excluding any additional retainer

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amount(s) such director receives as compensation for chairing the Board, a committee of the Board, or in a leadership role (e.g. independent lead director), if any (the “Ownership Requirement”). Non-employee directors are required to achieve the applicable Ownership Requirement within five (5) years after their first full year of service on the Board. If the Ownership Requirement is changed or reset, the applicable non-employee directors are required to achieve the new Ownership Requirement within five (5) years of any such change to the Ownership Requirement. Shareholdings that count towards the Ownership Requirement under our Director Share Ownership Guidelines include shares held directly by the director, shares held by his or her spouse or dependent children, and shares held in trust for the economic benefit of the director or his or her spouse or dependent children. As of April 1, 2025, four of our eight non-employee directors (50%), have met the Ownership Requirement established by our Director Share Ownership Guidelines and the remaining four directors are on track to meet such Ownership Requirement by the fifth year following their first full year of service on our Board. During 2024, our Nominating/Governance Committee oversaw compliance by directors under our Director Share Ownership Guidelines. Effective as of February 2025, our Compensation Committee will oversee compliance by directors under our Director Share Ownership Guidelines. The Company’s Board may amend our Director Share Ownership Guidelines as it deems necessary or appropriate. Compensation Committee Interlocks and Insider Participation During fiscal year 2024, no member of our Compensation Committee was an employee or officer of the Company, was a former employee or officer of the Company, or had any relationship requiring disclosure by the Company under Item 404 of Regulation S-K. None of our executive officers currently serves, or served in the past fiscal year, as a member of a board of directors or compensation