Company: KVHI
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001104659-25-040173
Chunk: 3

Company: KVH INDUSTRIES INC \DE\
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 3
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 | ​ | ✔ | ​ | ​ | The majority of director compensation is in the form of KVH common stock                                                                    | ​ | ​ |
| ​ | ​ | ✔ | ​ | ​ | We have a strong pay-for-performance executive compensation philosophy                                                                      | ​ | ​ |
| ​ | ​ | ✔ | ​ | ​ | We conduct annual non-binding “say on pay” votes regarding our executive compensation program                                               | ​ | ​ |
| ​ | ​ | ✔ | ​ | ​ | We have a “double-trigger” requirement for executives to receive cash severance and equity vesting upon a change of control                 | ​ | ​ |
| ​ | ​ | ✔ | ​ | ​ | Our independent compensation consultant is hired by the Compensation Committee                                                              | ​ | ​ |
| ​ | ​ | ✔ | ​ | ​ | We conduct annual board and committee self-assessments                                                                                      | ​ | ​ |
| ​ | ​ | ✔ | ​ | ​ | We prohibit short sales, transactions in derivatives, hedging, and pledging of KVH securities by our directors and named executive officers | ​ | ​ |

NON-BINDING SAY ON PAY VOTE We are asking our stockholders to approve, in a non-binding vote, the compensation awarded to our named executive officers for 2024. The compensation committee of our board of directors oversees our executive compensation program, which is designed to motivate our executives to increase profitability and stockholder returns, to tie pay to performance effectively, and to compete effectively for and retain managerial talent. We are asking our stockholders to indicate their support for our named executive officer compensation. We believe that our executive compensation program was designed appropriately and is working to retain valuable members of management and to ensure that their interests are aligned with our stockholders’ interests to support long-term value creation. This “say on pay” vote is not intended to address any specific item of compensation, but rather the overall compensation of our named executive officers and the compensation methodology described in this proxy statement. While this vote is advisory and not binding, the board and the compensation committee will consider the outcome of the vote, along with other relevant factors, when considering future executive compensation decisions. Additional information regarding the non-binding “say on pay” vote may be found on pages 9-11.

KVH Industries, Inc. 2025 Proxy Statement 2

TABLE OF CONTENTS PROXY SUMMARY

2024 EXECUTIVE COMPENSATION HIGHLIGHTS The 2024 compensation program for our named executive officers was comprised of three primary