Company: CAG
Filing Date: 2025-08-06
Form Type: DEF 14A
Source: 0000023217-25-000054
Chunk: 49

Company: CONAGRA BRANDS INC.
Filing Date: 2025-08-06
Form: DEF 14A
Chunk 49
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. M. Smucker Company | ​ | ·Post Holdings Inc.                |

Considerati on of Company and Participant Focused Matters The Committee also generally considered the following Company- and participant-focused matters in making fiscal 2025 compensation decisions:

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| ​                                                                                 | ​ | ​                                                                                                                                            |
| Company-Focused Matters                                                           | ​ | Participant-Focused Matters                                                                                                                  |
| ·Company performance in prior years and expectations for the future               
 ·The anticipated degree of difficulty inherent in the incentive performance goals 
 ·The level of risk-taking the program would reward                                
 ·The general business environment                                                 
 ·Practices and developments in compensation design and governance                 | ​ | ·Individual performance history                                                                                                              
 ·The anticipated degree of difficulty inherent in individual goals                                                                           
 ·Internal pay equity                                                                                                                         
 ·The potential complexity of each program, preferring programs that are transparent to participants and shareholders and easily administered |

Inp ut from our Chief Executive Officer Mr. Connolly, our President and Chief Executive Officer, played a role in several key areas of the design of our fiscal 2025 executive compensation program.

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| ​ | ​                                                                                                                                                                                                                                                                                                                                                                                                                           |
| ​ | SELECTING PERFORMANCE METRICS AND TARGET PERFORMANCE LEVELSThe Committee sought Mr. Connolly’s input on the selection of plan metrics and performance targets for fiscal 2025 to ensure the design of the incentive plans was closely aligned with our strategic priorities and effectively measured progress against them, based on his understanding of our investors’ expectations, operating plans and financial goals. |

Apart from this input from Mr. Connolly, no named executive officer played a direct role in his own compensation determination for fiscal 2025.

CONAGRA BRANDS 2025 PROXY STATEMENT 55

COMPENSATION DISCUSSION AND ANALYSIS

Other Compensation Policies, Programs, and Practices COMMI TTEE’S VIEWS ON EXECUTIVE STOCK OWNERSHIP The Committee has adopted stock ownership guidelines applicable to all of our most senior employees, including our named executive officers. These guidelines, which are represented as a percentage of salary, increase with level of responsibility within the Company. The Committee has adopted these guidelines because it believes that management stock ownership promotes alignment with shareholder interests. The named executive officers are expected to reach their respective ownership requirement within a reasonable period after appointment. Shares personally acquired by the executive through open market purchases or through our employee benefit plans (for example, our employee stock purchase plan), as well as outstanding RSU