Company: KRO
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001257640-25-000009
Chunk: 34

Company: KRONOS WORLDWIDE INC
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 34
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 include, and in 2025 the ISA will include, charges in excess of $1.0 million for certain individuals. However, Contran has agreed to absorb the impact of any such income tax deduction disallowance resulting from such charges in excess of $1.0 million. No Director Fees or Equity-Based Compensation for Executive Officers. Our executive officers, including our named executive officers, are not eligible to receive cash or equity-based compensation for their service on our board of directors. For the years reflected in the 2024 Summary Compensation Table, we did not pay Mr. Simmons or Mr. Buch any compensation for their service as one of our directors. Prior to 2022, we decided to forgo the grant of any equity compensation other than annual awards of stock to our directors, as discussed above. We also do not have any security ownership requirements or guidelines for our management, although we do have stock ownership guidelines for our non-employee directors. We do not currently anticipate any equity-based compensation will be granted in 2025, other than the annual grants of stock to our directors who are not employees of Contran or one of its subsidiaries or affiliates. Compensation Committee Report . The management development and compensation committee has reviewed with management the Compensation Discussion and Analysis section in this proxy statement. Based on the committee’s review and a discussion with management, the committee recommended that our compensation discussion and analysis be included in this proxy statement. The members of our management development and compensation committee submit the foregoing report as of February 26, 2025.

| ​​                                                                                | ​​ |                                                                                    | Management Development and Compensation Committee​ |                                                                               |
| R. Gerald TurnerChairman of our Management Development and Compensation Committee |    | Cecil H. Moore, Jr.Member of our Management Development and Compensation Committee |                                                    | John E. HarperMember of our Management Development and Compensation Committee |

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Summary of Cash and Certain Other Compensation of Executive Officers. The 2024 Summary Compensation Table below provides information concerning compensation we and our subsidiaries paid or accrued for services rendered during the last three years by our chief executive officer, our chief financial officer, and each of the three other most highly compensated individuals (based on ISA charges to us) who were our executive officers at December 31, 2024. All of our named executive officers were employees of Contran and provided their services to us and our subsidiaries pursuant to our ISA with Contran for each year in which they are included in the 2024 Summary Compensation Table. For a discussion of this ISA, see the Int