Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 19

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 19
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” or “against” that proposal, approximately 94.6% of the shares were voted “for” approval of that resolution. The Committee typically establishes incentive compensation opportunities each February. Accordingly, the results of the May 2024 shareholder vote were not available to the Committee when the structure for the 2024 compensation awards had been set by the Committee. During our engagement with shareholders in the past year, we expressly solicited shareholder feedback on our compensation practices. During these conversations, shareholders offering suggestions about our performance-driven compensation practices are greatly considered and we received positive support for our company-wide compensation, retention and benefits programs. We communicate investor feedback on our compensation practices to the Committee and consider shareholder views as we seek to align our policies and practices with the interests of our financial stakeholders. In addition, the results of the shareholder vote at the 2024 annual meeting and feedback received in response to our outreach to shareholders related to that vote were considered by the Committee in determining the executive compensation program for 2025.

| 2025            
 PROXY STATEMENT | 26 | ENPRO 
 INC.  |

| Compensation discussion and analysis |     | Executive summary |

2024 executive compensation decisions at a glance 2024 target compensation rewards success. Our compensation program enables us to attract and retain talented and highly motivated executive officers who are capable of driving our success and building value for our shareholders. The performance-based structure of our compensation program is designed to incentivize achievement of superior performance results and to align the interests of our executive officers with the interests of our shareholders. The following charts show the relative portion of Mr. Vaillancourt’s 2024 target compensation and the average target compensation of the other NEOs. Target compensation consists of the base salary for 2024, target annual performance-based cash compensation awards made in 2024, target Performance Share Awards (PSAs) granted in 2024, long-term equity compensation in the form of stock options and restricted stock units (RSUs) awarded in 2024 and other 2024 compensation, principally company contributions to defined contribution retirement plans.

| * | To                                                                                              
 determine the target number of restricted stock units and Performance Share Awards and          
 the number of stock options, the Committee divided the applicable dollar amount by the          
 average closing price of our common stock for the 20 trading days immediately preceding         
 the date of the award for the restricted stock units and Performance Share Awards and           
 by the Black-Scholes accounting value for the stock options. The amounts included for           
 Performance Share Awards in