Company: CODI-PB
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001140361-25-013771
Chunk: 48

Company: Compass Diversified Holdings
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 48
---
 Employment Agreement with Stephen Keller” and “ Employment Agreements – Employment Agreement with Ryan J. Faulkingham.” The discussion below relates to the compensation policies and philosophy for Messrs. Keller and Faulkingham only, as the services performed by the Company’s Chief Executive Officer are provided at the cost of the Manager and are not reimbursed by the Company. Shareholder Engagement A majority of our shareholders have approved, on an advisory basis, the executive compensation of our named executive officers (Say-on-Pay), since the inception by us of an advisory vote regarding the executive compensation of our named executive officers. Over the past three years we have received support in excess of 80% with respect to Say-on-Pay and in 2024, we received 84.60% support on our advisory Say-on-Pay vote. Over the past few years, we have steadily increased our shareholder outreach efforts on topics including executive compensation and our management structure, and we have initiated communications with certain institutional shareholders to better understand voting decisions and address any shareholder concerns. In addition, to improve our ability to reach smaller investors, we utilize a third-party investor relations firm to assist with, among other things, continuing shareholder engagement. We regularly communicate with our shareholders regarding our executive compensation practices. The Company intends to continue engaging directly with shareholders on these topics. Elements of Our Executive Compensation and How Each Relates to Our Overall Compensation Objectives The employment agreements for Mr. Keller and Mr. Faulkingham provide that annual compensation is to be paid through a combination of a base salary and an annual cash bonus. Both elements are designed to be competitive with comparable employers in our industry and intended to provide incentives and reward each of Mr. Keller and Mr. Faulkingham for his contributions to the Company. Objectives of Our Executive Compensation and What It Is Designed to Reward The primary objective of the aforementioned elements of our executive compensation is to attract and retain a qualified and talented individual to serve as our Chief Financial Officer. Through payment of a competitive base salary, we recognize particularly the experience, skills, knowledge and responsibilities required of the Chief Financial Officer

TABLE OF CONTENTS

| 43 |     | 2025 Proxy |

position. An annual cash bonus is designed to reward our Chief Financial Officer’s individual performance during the year and can therefore be variable from year to year. How We Determine the Amount of Each Element of Executive Compensation for our Chief Financial Officer To determine the amount of our Chief Financial Officer’s compensation, we consider competitive market practices by reviewing publicly available information across our industry and related industries