Company: ASTE
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001104659-25-023778
Chunk: 70

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 70
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    56,355(4) | ​ | ​ | ​ | ​                       | ​ |            — | ​ | ​ |
| ​ | Value of Equity Acceleration | ​ | ​ | ​                               | ​ |            — | ​ | ​ | ​ | ​                          | ​ |   321,306(5) | ​ | ​ | ​ | ​                       | ​ |   321,306(5) | ​ | ​ |
| ​ | Outplacement Services        | ​ | ​ | ​                               | ​ |            — | ​ | ​ | ​ | ​                          | ​ |       25,000 | ​ | ​ | ​ | ​                       | ​ |            — | ​ | ​ |
| ​ | Total                        | ​ | ​ | ​                               | ​ |            — | ​ | ​ | ​ | ​                          | ​ |    1,602,661 | ​ | ​ | ​ | ​                       | ​ |      321,306 | ​ | ​ |

(1) Reflects a lump sum cash amount equal to 1.5 multiplied by the sum of (1) the named executive officer’s annual base salary plus (2) the named executive officer’s target annual cash incentive. No pro rata bonus for calendar year 2024 is included, as the actual annual incentive earned by the named executive officer for calendar year 2024 is reflected in the “Non-Equity Incentive Plan Compensation” column of the Summary Compensation Table. (2) Reflects severance payment equal to 3.0 times, in the case of Mr. van der Merwe, or 2.0 times, in the case of the other named executive officers, the

TABLE OF CONTENTS 49 Astec Industries, Inc. | Notice of Annual Meeting and Proxy Statement 2025 executive’s base salary and target annual bonus. No pro rata bonus for calendar year 2024 is included, as the actual annual incentive earned by the named executive officer for calendar year 2024 is reflected in the “Non-Equity Incentive Plan Compensation” column of the Summary Compensation Table. (3) Reflects payment for health coverage equal to monthly cost to provide group medical, dental, vision and/or prescription drug plan benefits sponsored by the Company and maintained by the named executive officer as of the date of the termination multiplied by 18. (4) Reflects cash payment equal to the cost of health coverage for 36 months in the case of Mr. van der Mer