Company: AVD
Filing Date: 2025-05-29
Form Type: DEF 14A
Source: 0000950170-25-079166
Chunk: 30

Company: AMERICAN VANGUARD CORP
Filing Date: 2025-05-29
Form: DEF 14A
Chunk 30
---
 |     | David T. Johnson                  |     |                      |    74,335 |     |    |          |  (2 | ) |
| Chief Administrative Officer      |     | Timothy J. Donnelly               |     |                      |    88,676 |     |    |          |  (2 | ) |
| Chief Human Resources Officer     |     | Shirin Khosravi                   |     |                      |    14,377 |     |    |          |  (2 | ) |
| Managing Director                 
 (AMVAC Netherlands BV)            |     | Peter E. Eilers                   |     |                      |    47,905 |     |    |          |  (2 | ) |
| Directors and Officers as a Group |     |                                   |     |                      | 2,203,960 |     |    |          | 7.6 | % |

(1) This figure includes 196,712 shares of Common Stock Mr. Wintemute is entitled to acquire pursuant to stock options exercisable within 60 days of this Report.

<div align='center'>22</div>

Under 1% of class.

EMPLOYEE COMPENSATION AND ENTERPRISE RISK

The Company has concluded that its compensation policies and practices do not give rise to any risk that is reasonably likely to have a material adverse effect upon it. In reaching its conclusion, the Company has found, among other things, that all business units have a similar compensation structure and that no business unit bears a disproportionate share of the overall risk profile, profits or revenues. Compensation for senior executives and, derivatively, the entire workforce is subject to achievement of Company-wide financial objectives. During 2024, those objectives were subsumed within the SMART goals (as defined on page 19) established by the Board and management annually. These included metrics for net sales, net income, EBITDA and working capital management. Further, all functions forecast annual profit (where applicable) and expense targets, which are consolidated into an overall budget. While each profit-and-loss center is held accountable for achieving its operating margins and expense forecasts, each such center is also held to company-wide performance which determines, among other things, the size of the overall incentive compensation pool and the availability of equity. In addition, senior management allocates annual bonus and equity awards among individual employees and within the operating functions in an equitable manner. Finally, the NEOs share responsibility for the Company’s transformation initiatives, which relate both to global