Company: SBH
Filing Date: 2025-12-10
Form Type: DEF 14A
Source: 0001193125-25-313464
Chunk: 42

Company: Sally Beauty Holdings, Inc.
Filing Date: 2025-12-10
Form: DEF 14A
Chunk 42
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 35,973; (i) Ms. Paulonis, 0; (j) Ms. Perelman, 0 and (k) Mr. Rangel, 0. NARRATIVE DISCUSSION OF DIR ECTOR COMPENSATION TABLE The following is a narrative discussion of the material factors which we believe are necessary to understand the information disclosed in the Director Compensation Table. The Sally Beauty Holdings, Inc. Amended and Restated Independent Director Compensation Policy (the “Director Compensation Policy”) governs the compensation paid to our independent directors. Following FW Cook’s biennial review of our director compensation program in FY24, the Director Compensation Policy was amended with changes that took effect in FY25, beginning October 1, 2024. Under the revised Director Compensation Policy, the NEC additional cash retainer fee increased to $200,000, the NGCR committee chair fee increased to $22,500, and the annual Board equity retainer fee increased to $160,000, while the annual Board cash retainer fee remained unchanged. Cash Compensation In FY25, pursuant to the Director Compensation Policy, each of our independent directors received an annual cash retainer of $105,000, payable in advance in four quarterly installments. Directors were not paid a fee for in-person or telephonic attendance of Board or committee meetings during FY25.

| SALLYBEAUTY HOLDINGS, INC. | 41 | 2025 Proxy Statement |

Additional annual cash retainers were paid to each independent director who served as the Chair of the Board (Ms. Ferguson) or chair of the Audit Committee (Mr. Molloy), Compensation and Talent Committee (Ms. Ferguson) or the Nominating, Governance and Corporate Responsibility Committee (Ms. Nealy Cox). The following table sets forth the annual cash retainers for services rendered in FY25.

| Board Role                                                        | Cash Retainer Amount |         |
|:------------------------------------------------------------------|:---------------------|--------:|
| Non-Executive Chair                                               | $                    | 200,000 |
| Audit Committee Chair                                             | $                    |  30,000 |
| Compensation and Talent Committee Chair                           | $                    |  25,000 |
| Nominating, Governance & Corporate Responsibility Committee Chair | $                    |  22,500 |

Equity-Based Compensation Pursuant to our Director Compensation Policy, each independent director, with the exception of Mr. Rangel, was granted an annual equity-based retainer award with a value at the time of grant of $160,