Company: GEF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0000043920-25-000004
Chunk: 61

Company: GREIF, INC
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 61
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 total value of pay credits, above market interest and non-above market interest accrued under the DC SERP as of October 31, 2024. This amount is not included in Mr. Hilsheimer's fiscal 2024 compensation in the Summary Compensation Table.

(3) The interest crediting rate for the DC SERP was 5.49% as of October 31, 2024.

Nonqualified Supplemental Deferred Compensation Plan

We have a nonqualified supplemental deferred compensation plan ("NQSP") for a select group of executive officers who do not participate in the SERP or DC SERP described above. The NQSP credits eligible officers who are employed on December 31 of each calendar year with a contribution equal to the maximum employer contribution rate under the Company's 401(k) Plan, multiplied by the excess, if any, of the sum of the officer's base salary and annual short-term incentive plan bonus payments, over the maximum compensation limit under Code Section 401(a)(17) for the applicable year. The NQSP also permits discretionary Company contributions, which may vary by eligible executive officer. The Company does not presently intend to make any discretionary contribution. The NQSP is compliant with the regulations promulgated by the IRS under Code Section 409A. Vesting under the NQSP requires five years of service or the attainment of age 65. Vested executive officers are entitled to the payment of the vested deferred balance based on a schedule selected by the executive officer either a lump sum or five annual installments.

The table below sets forth certain information concerning Messrs. Rosgaard's, Bergwall's and Sathyanarayanan's benefits under the NQSP as of October 31, 2024. Messrs. Rosgaard, Bergwall and Sathyanarayanan are the only NEOs currently participating in the NQSP, and all are fully vested in their accumulated benefits under the NQSP.

| Name                    |     | Plan Name |     | Number of Years Credited Service   (#)(1) |     | Value of Pay Credits and Above Market Interest in Last FY ($)(2) |     |         | Present Value of Accumulated Benefit ($) (3)(4) |     |         | Payments During Last FY 
 ($)                     |   |
| Ole G. Rosgaard         |     | NQSP      |     |                                         9 |     |                                                                  |     | 143,526 |                                                 |     | 497,