Company: UTZ
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000950170-25-038342
Chunk: 73

Company: Utz Brands, Inc.
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 73
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 Covered FY (+)                                               |                      | $                   |          0 |   | $ |        0 |   | $ |    330,622 |   | $ |    74,395 |   | $ |          0 |   |
| Year-Over-Year Change in Fair Value of Awards Granted During     
 Prior FY & Vesting During Covered FY (+/-)                       |                      | $                   |          0 |   | $ | (723,781 | ) | $ |      1,590 |   | $ |    18,066 |   | $ |          0 |   |
| Value of Dividends Payable not Otherwise Reflected in Fair Value 
 Determination or Total Compensation (+)                          |                      | $                   |          0 |   | $ |        0 |   | $ |      1,935 |   | $ |     1,861 |   | $ |     13,208 |   |
| "Compensation Actually Paid" Determination                       |                      | $                   |  2,834,026 |   | $ | (377,493 | ) | $ |  3,215,423 |   | $ | 1,608,290 |   | $ |  1,894,169 |   |

(7) TSR calculated based on an assumed $100 investment as of December 29, 2019, the last day of the fiscal period for our predecessor company prior to fiscal periods in 2020, and the reinvestment of any issued dividends, including period prior to the Business Combination.

(8) Peer TSR calculated for the S&P 1500 Composite Packaged Foods & Meat Index based on an assumed $100 investment as of December 29, 2019 and the reinvestment of any issued dividends.

(9) Fiscal periods in 2020 financial performance reflects financial performance for the Company during the Successor period following the Business Combination, as well as during the period for our predecessor company prior to the Business Combination.

(10) See Annex A for reconciliation of Adjusted EBITDA performance in accordance with GAAP to non-GAAP financial results. Pay vs Performance Narrative Disclosure Description of Pay vs Performance The Compensation Committee reviews a variety of Company-wide and individual factors to link executive compensation actually paid with Company and executive performance. To promote strong pay-for-performance orientation when setting executive compensation packages, our compensation program utilizes a balance of short-term and long-term objectives. For more information on our