Company: LW
Filing Date: 2025-08-07
Form Type: DEF 14A
Source: 0001679273-25-000060
Chunk: 62

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-08-07
Form: DEF 14A
Chunk 62
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 completion of the three-year performance period, we retrospectively disclose the performance targets and payouts for the PSAs (see the section entitled "What We Pay and Why — Long-Term Incentive Compensation (LTIP)—Completed Long-Term Performance Awards" below).

| Fiscal 2025                                                                                                             
 PSA Sub-                                                                                                                
 periods                                                                                                                 |     | Growth Period             |     | Achievement Level Determination                             |
| Year 1                                                                                                                  |     | Fiscal 2024 – Fiscal 2025 |     | Year-over-year percentage growth vs. three-year AAGR Target |
| Year 2                                                                                                                  |     | Fiscal 2025 – Fiscal 2026 |     |                                                             |
| Year 3                                                                                                                  |     | Fiscal 2026 – Fiscal 2027 |     |                                                             |
| The number of PSAs earned:                                                                                              
 (number of shares granted at target + dividend equivalents)x(average of the three annual sub-period achievement levels) |     |                           |     |                                                             |

Restricted Stock Units . RSUs are designed to provide an incentive for executive officers to enhance stockholder value. All of the NEOs’ RSUs granted in fiscal 2025 will vest ratably, 33%, 33% and 34% on vesting dates that are shortly after the first, second and third anniversaries of the date of grant, respectively. Dividend equivalents are

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accrued on the RSUs at the regular dividend rate in additional RSUs and are subject to the same time-vesting requirements as the underlying RSUs.

Total LTIP target grant values for the NEOs for fiscal 2025 were not changed from fiscal 2024 levels. Because fiscal 2025 LTIP awards (other than for Ms. Wilks) were granted in July 2024, prior to the CEO transition, total LTIP target grant values for Mr. Smith and Mr. Werner were established based on their prior roles. Ms. Wilks's total LTIP target grant value was established when she was hired in August 2024. The target LTIP compensation opportunity and the target number of annual PSAs and RSUs granted to our current NEOs during fiscal 2025 under the LTIP structure are shown below.

| Named Executive Officer |     | Fiscal 2025 Total LTIP Target |           |     | Award 
 Type  |     | Fiscal 2025 Target |           |     | Fiscal 2025 Target Units¹ |