Company: RNST
Filing Date: 2025-02-26
Form Type: PRE 14A
Source: 0000715072-25-000057
Chunk: 60

Company: RENASANT CORP
Filing Date: 2025-02-26
Form: PRE 14A
Chunk 60
---
 as macroeconomic factors, internal pay equity, individual performance, the scope or nature of individual responsibilities or otherwise, to ensure that payout levels remain consistent with the purposes of our executive compensation program.                                                                                                                                                                   |

<div align='center'>45</div>

Independent Advice. For 2024 the compensation committee continued its relationship with Meridian Compensation Partners, LLC as its independent executive compensation adviser. The charter of the compensation committee requires the committee to consider whether its advisers are independent based on the factors set forth in the NYSE Listing Manual, and the committee determined that Meridian was independent during 2024. Meridian works at the direction of the compensation committee, and the decision to retain Meridian was at the sole discretion of the committee. Services provided by Meridian are described above under the “Decision-Making Process for 2024” heading and in the Board Members and Compensation section under the heading “Director Compensation.” Meridian did not provide any additional services to the committee or Renasant in 2024.

Peer Group. The peer group used in connection with setting 2024 executive compensation consists of financial institutions that are located in the south and southeast regions and that serve communities similar in size to those in which we operate. These parameters are intended to avoid the bias toward higher compensation levels that ordinarily predominate in financial centers and larger metropolitan areas (that is, our parameters mitigate against higher total compensation). The compensation committee approved this peer group in the fall of 2023, when it began the process of determining 2024 compensation levels. The 24 institutions included in the group had the following characteristics:

| Characteristic                     |     | Range                         |     | Median         |     | Renasant       |
| Total assets (as of June 30, 2023) |     | $9.7 billion - $27.6 billion  |     | $16.5 billion  |     | $17.2 billion  |
| Total revenue (2022 actual)        |     | $320.0 million - $1.8 billion |     | $631.9 million |     | $630.6 million |
| Market capitalization              
 (as of June 30, 2023)              |     | $901.9 million - $4.6 billion |     | $1.7 billion   |     | $1.5 billion   |

For 2024, Meridian recommended the institutions to include in the peer group, and the compensation committee concurred with these recommendations. The financial institutions in