Company: LW
Filing Date: 2025-08-07
Form Type: DEF 14A
Source: 0001679273-25-000060
Chunk: 88

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-08-07
Form: DEF 14A
Chunk 88
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 Lamb Weston shares assumed to have been earned);

◦ LPUs granted on July 29, 2022 for the fiscal 2023 to fiscal 2025 performance period are not earned because none of the stock-price hurdles were achieved.

◦ PSAs granted on July 27, 2023 for the fiscal 2024 to fiscal 2026 vesting cycle, based on the greater of target or actual performance through the date of the change of control and therefore reflect the target performance at 100% at this time (these amounts also include a cash value of dividend equivalents on the number of Lamb Weston shares assumed to have been earned);

◦ PSAs granted on July 26, 2024 for the fiscal 2025 to fiscal 2027 vesting cycle, based on the greater of target or actual performance through the date of the change of control and therefore reflect the target performance at 100% at this time (these amounts also include a cash value of dividend equivalents on the number of Lamb Weston shares assumed to have been earned);

• with respect to RSUs, a replacement award was granted in the change of control scenario without termination; and

• in the disability scenarios, the disabling event lasted one year into the future.

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None of our NEOs who were employed at the end of fiscal 2025 are entitled to any benefits upon his or her involuntary termination with cause or voluntary termination without good reason. However, Mr. Werner would be eligible to receive certain accelerated vesting of equity upon his termination due to normal retirement at the end of fiscal 2025.

| Executive                                                                                       |     | Cash Severance  
 or Termination  
 Benefits ($)(1) |            |     | Accelerated   
 Equity        
 Awards ($)(2) |            |     | Health, Welfare 
 and Other       
 Benefits($)(3)  |           |     | Total ($) |            |
| Michael J. Smith                                                                                |     |                 |            |     |               |            |     |                 |           |     |           |            |
| Early Retirement / Involuntary Termination w/o Cause or  Voluntary Termination w/Good Reason(4) |     |                 |          — |     |               |          — |     |                 |         — |     |           |          — |
| Death(5)                                                                                        |     |                 |          — |     |               |  3,101,098 |     |                 | 1,000,000