Company: AVD
Filing Date: 2025-05-29
Form Type: DEF 14A
Source: 0000950170-25-079166
Chunk: 63

Company: AMERICAN VANGUARD CORP
Filing Date: 2025-05-29
Form: DEF 14A
Chunk 63
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�   Committee member retainer:                      |         |
| ➣ Audit                                             | $10,000 |
| ➣ Finance Committee                                 | $10,000 |
| ➣ Compensation                                      |  $7,500 |
| ➣ Nominating/Governance and Risk Committee          |  $5,000 |
|    Per-meeting fee:                                |         |
| ➣ Audit/Compensation/Finance                        |      $0 |
| ➣ Nominating/Governance/Risk                        |      $0 |
| Lead Director                                       |         |
|    Lead Director                                   | $25,000 |
| Special Assignments                                 |         |
|    Per diem fee for special assignments            |  $2,000 |
|    Conditional meeting fee (>2 scheduled meetings) |  $1,500 |

Annual Stock Awards for Non-management Directors: In accordance with the terms and conditions of the 2022 Plan, each non-employee director of the Board is entitled to receive awards of the Company’s Common Stock, par value $.10 (“Common Stock”), as follows. In connection with each non-employee director’s election or re-election to the Board, during 2023 such director was entitled to receive an award that equals $80,000 (the “Stock Award”). Further, it is the policy of the Company that each director must accumulate and hold Company stock equal to the number of shares received by him or her over the course of his or her first four full years of service on the Board, after which such director may elect to receive up to half of the value of any subsequent Stock Award in the form of a cash payment. If a person is appointed to the Board for any partial year (for example, due to a vacancy on the Board), such director will receive a pro rata portion of the Stock Award as determined by the Compensation Committee or the Board. • Each Stock Award will be calculated based on the closing price of the Common Stock on the date of issuance, as reported on the New York Stock Exchange or other national exchange on which the Common Stock is traded. No fractional share of any Stock Award will be issued, and the value of such fractional share will be paid in cash. • Each Stock Award will vest immediately in full upon grant.

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The Company has entered into written indemnification agreements with each of its directors, effective as of the first day of such person’s service as a director.