Company: ASTE
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001104659-25-023778
Chunk: 1

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 1
---
 (iv) Respect, and (v) Innovation. Under the guidance of our Board, we remain committed to investing in our employees, focusing on our customers and developing innovative solutions, and in doing so, generating long-term financial return to our shareholders. You will find detailed information in this proxy statement about the qualifications of our director nominees and why we believe they are the right people to represent your interests. In addition to the election of directors, we are also seeking your approval of a “say-on-pay” advisory vote, ratification of the appointment of the Company’s independent registered public accounting firm for the calendar year ending December 31, 2025, and approval of the Astec Industries, Inc. 2025 Equity Incentive Plan. It is important that your shares be represented at the annual meeting, regardless of the number of shares you hold and whether or not you plan to attend the meeting. Accordingly, please exercise your right to vote by following the instructions for voting contained in the Notice Regarding the Availability of Proxy Materials, or the paper or electronic copy of our proxy materials you received for the meeting. Sincerely,

| ​ |                                       | ​ | ​ |                       | ​ |
| ​ | Jaco G. van der Merwe                 
 President and Chief Executive Officer | ​ | ​ | William D. Gehl       
 Chairman of the Board | ​ |

TABLE OF CONTENTS

ASTEC NOTICE OF THE 2025
ANNUAL MEETING OF
SHAREHOLDERS Dear Shareholders:

| ​ 
 ​ 
 ​ | WHAT:         
 WHEN:         
 WHERE:        | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ | 2025 Annual Meeting of Shareholders of Astec Industries, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
 Friday, April 25, 2025 at 10:00 a.m., Eastern Daylight Time (“EDT”)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
 Our meeting will be a virtual shareholder meeting, conducted via live audio webcast, a format designed to increase shareholder access to the meeting. In addition to online attendance, this format provides shareholders with the opportunity to hear all portions of the official meeting, submit written questions during the meeting, and vote online during the open poll section of the meeting. You are invited to attend the live webcast of our meeting, vote your shares and submit questions at https://web.viewproxy.com/astec/2025. To join the meeting, you will need the 16-digit control number that is printed on your Notice Regarding the