Company: ASTE
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001104659-25-023778
Chunk: 18

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 18
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 Proxy Statement 2025 SHAREHOLDER
ENGAGEMENT We value our shareholders’ views and insights, and are particularly proud of our frequent and active shareholder engagement in calendar year 2024. Shareholder feedback received through this engagement is an integral part of our corporate governance practices. In calendar year 2024, we participated in both in-person as well as virtual investor conferences and investor meetings. In particular, in 2024, we: ● Participated in five investor conferences and non-deal roadshows; and ● Conducted 118 one-on-one meetings with investors and research analysts. Shareholder Engagement Process The Company oversees a rigorous, deliberate and comprehensive shareholder engagement process that builds better lines of communication between investors and management. Over the last several years, our management team has engaged with a significant number of our largest shareholders to hear their perspectives about issues that are important to them, both generally and with regard to the Company. This has helped us build informed and productive relationships with our shareholders. This program complements the ongoing dialogue throughout the year among our shareholders and our Chief Executive Officer, Chief Financial Officer, and Senior Vice President of Administration and Investor Relations on financial and strategic performance of the Company. In calendar year 2024, we focused on continuing to update shareholders on progress made on our strategic objectives. We believe that this shareholder engagement process promotes transparency between the Board and our shareholders and builds informed and productive relationships. TABLE OF CONTENTS 13 Astec Industries, Inc. | Notice of Annual Meeting and Proxy Statement 2025 Shareholder Engagement Cycle Our year-round engagement cycle with the investors is reflected below: Please continue to share your thoughts or concerns at any time. The Board has established a process to facilitate communication by shareholders with the Board, described below. Communications with the Board The Board has unanimously adopted a process to facilitate written communications by shareholders to the Board. Shareholders wishing to write to the Board, our independent directors or a specified director or a committee of the Board should send correspondence to: Board of Directors, c/o Corporate Secretary, Astec Industries, Inc., 1725 Shepherd Road, Chattanooga, Tennessee 37421. The Corporate Secretary will promptly forward a copy of such communications to the members of the Board to whom the communication is directed or, if the communication is not directed to any particular member(s) or committee of the Board, to all members of the Board.

TABLE OF CONTENTS 14 Astec Industries, Inc. | Notice of Annual Meeting and Proxy Statement 2025 BOARD OF
DIRECTORS Our Board’s responsibility, on behalf