Company: THS
Filing Date: 2025-03-03
Form Type: PRER14A
Source: 0001320695-25-000014
Chunk: 49

Company: TreeHouse Foods, Inc.
Filing Date: 2025-03-03
Form: PRER14A
Chunk 49
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 the financial metrics. Non-financial metrics are generally formulaic and are relevant to the Company's priorities for the year.

The Committee has the authority to determine the corporate performance payout based on its assessment of our performance against our performance goals following approval of our annual operating plan results by the full Board.

#### 2024 SHORT-TERM INCENTIVE PROGRAM DESIGN
At the beginning of each year, the Committee evaluates and approves threshold, target, and maximum performance goals for the year. In establishing the performance metrics and goals under the STIP, the Committee considers the Company's 2024 annual operating plan, strategic priorities, and the specific challenges and opportunities facing the Company at the time. Performance below the threshold level results in a zero payout, while performance at or above maximum results in a 200% payout. Adjusted EBITDA threshold achievement serves as a gating feature for payout on all metrics. Payouts are determined based on interpolation for performance between threshold and target and between target and maximum.

The Committee approved the following metrics for 2024:

| Weight |     | Metric |     | Definition |     | Why We Selected the Metric |

| Net Sales Growth |     | Year-over-year growth in net sales dollars from continuing operations. |     | •Reinforces top line growth as part of our transformation efforts 
 •Key driver for delivering strong stockholder returns             |

| Adjusted EBITDA |     | Adjusted net income from continuing operations before interest expense, interest income, income tax expense, and depreciation and amortization expense, as reported in the Company's Annual Report on Form 10-K. |     | •Aligns with our strategic focus to drive growth through profitability and is also the metric we disclose to stockholders in our guidance 
 •Key driver for delivering strong stockholder returns                                                                                     |

| Gross Margin |     | Net sales less cost of sales and represents its respective GAAP presentation Gross Profit line item adjusted for items that may arise from time to time that would impact comparability and is reported in the Company's Annual Report on Form 10-K as Adjusted Gross Profit. |     | •Aligns with our business objectives on profitability and operational efficiency |

| Employee Engagement Score |     | Improvement in our annual Better Together employee engagement survey score. |     | •Measures the impact of our increased focus on driving employee engagement throughout TreeHouse |

In establishing financial targets for the 2024 STIP, the Company set rigorous performance targets when compared to the prior year results. The 2024 Net Sales Growth target