Company: AOS
Filing Date: 2025-02-27
Form Type: DEF 14A
Source: 0001193125-25-037641
Chunk: 65

Company: SMITH A O CORP
Filing Date: 2025-02-27
Form: DEF 14A
Chunk 65
---
 to each named executive officer upon a Qualifying Termination or a Change in Control and a Qualifying Termination under the Senior Leadership Severance Plan. We list the estimated amount of compensation payable to each of our named executive officers in each situation in the tables below assuming that a Qualifying Termination or Change in Control and Qualifying Termination occurred at December 31, 2024, and that our Common Stock had a value of $68.21, which was the closing market price for our Common Stock on December 31, 2024. The actual amount of payments and benefits can only be determined at the time of such a Qualifying Termination or Change in Control, and therefore the actual amounts would vary from the estimated amounts in the tables below. Payments Resulting from a Qualifying Termination December 31, 2024

| Name               |     | Severance |           |     | Pro rata Bonus1 |         |     | Stock Options |   |     | Restricted Stock Units |           |     | Performance Units2 |           |     | Performance 
 Stock       |         |     | Medical Coverage3 |        |     | Outplacement4 |         |     | Total |            |
|:-------------------|:----|:----------|----------:|:----|:----------------|--------:|:----|:--------------|--:|:----|:-----------------------|----------:|:----|:-------------------|----------:|:----|:------------|--------:|:----|:------------------|-------:|:----|:--------------|--------:|:----|:------|-----------:|
| Kevin J. Wheeler   |     | $         | 5,040,000 |     | $               | 966,000 |     | $             | 0 |     | $                      | 6,104,794 |     | $                  | 3,263,000 |     | $           | 717,228 |     | $                 | 33,972 |     | $             | 280,000 |     | $     | 16,404,994 |
| Charles T. Lauber  |     |           | 1,757,700 |     |                 | 360,000 |     |               | 0 |     |                        | 1,587,588 |     |                    |   855,000 |     |             | 186,827 |     |                   |  7,272 |