Company: SXI
Filing Date: 2025-09-05
Form Type: DEF 14A
Source: 0001437749-25-028442
Chunk: 62

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-09-05
Form: DEF 14A
Chunk 62
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 the higher of target or actual performance through the CIC event. For purposes of this calculation, for FY 2023 PSU awards, the number of shares is based on the certified performance percentage of 52%, while for FY 2024 and FY 2025 PSU awards, the number of shares is based on target. |

2025 Proxy Statement63

CEO Pay Ratio Disclosure

As required by the SEC rules, we are providing the following information to show the ratio between the annual total compensation of our CEO in FY 2025 and the annual total compensation of the median employee of the Company.

As of June 30, 2025, Standex has approximately 4,100 employees in 62 operating locations across 16 countries. Approximately 68% of our employee population is located outside of the United States and approximately 56% of our global workforce is paid on an hourly basis. The median annual total compensation disclosed below is based on the Company’s global workforce and is not designed to capture the median compensation of Standex’s US employees. In order to attract and retain employees globally, we pay what we believe to be market competitive rates in each market where we operate. Our pay ratio below is a reasonable estimate that has been calculated in a manner consistent with Item 402(u) of Regulation S-K using the data and assumptions summarized below.

These demographics, including the acquisition of 5 companies with 13 operating locations, have prompted us to identify a new median employee. This median employee for FY 2025 is a full-time production employee in our Electronics division, located in Germany.

For FY 2025, our median employee’s total compensation was €38,302 as calculated in accordance with Item 402(c)(2)(x) of Reg. S-K. This total compensation converted to USD is $44,159, using the June 30, 2025 EUR to USD exchange rate of 1.15293. Our CEO’s annual total compensation for FY 2025, as reported and detailed in the Summary Compensation Table was $5,117,281. Based on this information, the ratio of these two was estimated to be 116 to 1.

64 2025 Proxy Statement

Pay Versus Performance

PvP Table

As required by the SEC rules, we are providing the following information about the relationship between Compensation Actually Paid (“CAP”) to our CEO, Mr. Dunbar, and other NEOs and certain financial performance metrics of Standex using the methodology that has been prescribed by the SEC.

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