Company: DXPE
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001020710-25-000087
Chunk: 42

Company: DXP ENTERPRISES INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 42
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FP. The Compensation Committee determined for fiscal year 2021 that the CEO and NEOs would have a target long-term grant award based upon achieving a target EBITDA for fiscal year 2021 that was paid out based upon achieving a percentage of the target with a threshold amount established at 70% of target. In fiscal year 2022, the CEO and NEOs had a target long-term grant award based upon achieving a target EBITDA for fiscal year 2022 of $81 million or growing 14% over fiscal fiscal 2021. Similarly, in fiscal year 2023, the CEO and NEOs had a target long-term grant award based upon achieving a target EBITDA for fiscal year 2023 of $139 million. In fiscal year 2024, the CEO and NEOs had a target long-term grant award based upon achieving a target EBITDA for fiscal year 2024 of $180 million or growing 3.3% over fiscal year 2023.

The diagram below illustrates the annual long-term incentive award opportunities that the Compensation Committee determined for the Company's NEOs.

#### DXP ENTERPRISES, INC. 2025 PROXY STATEMENT40
Below is the chart with the target and the established threshold percentage:

| Threshold      |     |      |     | Payout Percentage |
| 70% of target  |     | 50%  |     |                   |
| 80% of target  |     | 75%  |     |                   |
| 90% of target  |     | 90%  |     |                   |
| 98% of target  |     | 100% |     |                   |
| 105% of target |     | 110% |     |                   |
| 115% of target |     | 125% |     |                   |
| 125% of target |     | 150% |     |                   |
| 135% of target |     | 200% |     |                   |

All of these awards are granted pursuant to the 2016 Omnibus Incentive Plan.

#### Other Equity-Based Compensation
The Compensation Committee also determines whether grants of equity-based compensation will be given to the other NEOs each year based on the performance of the Company as a whole, the performance of the business unit for which the NEOs is responsible and the contribution that the NEOs made to the Company, together with a recommendation of our Chief Executive Officer. The equity-based compensation awarded