Company: DRH-PA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0001298946-25-000038
Chunk: 52

Company: DiamondRock Hospitality Co
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 52
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 Debt/Adjusted EBITDA        |     | 2.5%         |     |         4.2x |     |         3.8x |     |         3.4x |     |               3.5x |
| Balance Sheet Goal: Fixed Charge Coverage Ratio              |     | 2.5%         |     |        2.75x |     |         3.0x |     |        3.25x |     |              3.05x |

Based on the achievements described above, our Compensation Committee determined the executives earned 141.9% of the target opportunity for the joint objectives component.

#### Individual Strategic Objectives
For 2024, 10% of each executive's annual cash incentive was based on the achievement of individual objectives. Our Compensation Committee established strategic objectives for each of the executive officers, which objectives varied by individual depending on their specific responsibilities as they related to the Company’s overall business plan.

Our Compensation Committee assesses the individual achievements of each executive officer relative to the individual objectives and our Chief Executive Officer provides his assessment of each executive officer other than himself. Every other year, our Compensation Committee engages a third party firm to conduct an evaluation of our Chief Executive Officer and in the intervening year, the Chairman of the Board interviews each executive officer and board member to prepare an assessment of the performance of our Chief Executive Officer, which assessment is delivered to our Board of Directors.

Each executive’s individual strategic objectives, along with our Compensation Committee’s determination of overall performance achievement for the individual strategic component, is summarized as follows:

• Mr. Donnelly's objectives included the overall execution of the Company strategy and delivery of financial results, the joint objectives of the executive officers, achieving corporate social responsibility goals, talent development, investor relationships and professional development. Mr. Donnelly earned 150% of target for his individual strategic objectives.

• Mr. Leonard's objectives included the achievement of the oversight of hotel operations, executing on acquisitions and disposition in accordance with the Company's strategy, development and oversight of a multi-year capital plan for each of the Company's hotels, engagement with investors and service providers, restructuring of certain management agreements, and relationships with operators. Mr. Leonard earned 150% of target for his individual strategic objectives.

• Ms. Quinn's objectives included the managing the Company's interest rate risk, executing the share repurchase plan, oversight of capital allocation strategy, directing the finance and accounting functions, executing insurance placement, and talent development. Ms. Quinn