Company: RRGB
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001104659-25-038610
Chunk: 6

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 6
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 is important to ensure that corporate responsibility is part of, and aligned with, our overall Company strategy. Management regularly reports directly to the Nominating and Governance Committee, the Audit Committee, and to the full Board regarding key recommendations, progress, and outcomes related to implementation of our corporate responsibility strategy. Management: Execution of the Company’s corporate responsibility strategy is overseen by our executive team. The Company relies on senior leaders from our business and functional teams to set the direction and drive accountability as we address priority corporate responsibility issues, work with key stakeholders, and measure and report our progress. 6 TABLE OF CONTENTS EXECUTIVE COMPENSATION PRACTICES ✓ Pay for performance-focused executive compensation structure, with a significant portion of pay “at-risk” ✓ Independent Compensation Committee approves executive compensation structure and pre-established performance goals ✓ Independent compensation consultant advises the Compensation Committee ✓ Payouts under our annual and long-term incentive compensation plans are capped ✓ Long-term incentives feature multiple components; performance is measured over multi-year periods with value dependent on share price as compared to a group of key competitors; payouts are capped if total stockholder return (TSR) is negative ✓ Double trigger required for cash severance and equity vesting upon change in control for named executive officers (other than certain performance awards) ✓ Meaningful stock ownership guidelines for executives and Board members ✓ Formal policy prohibiting hedging and pledging of Company securities by executive officers and directors ✓ Clawback policy for the return of certain cash and equity executive incentive compensation in the event of a financial restatement ✓ Limited perquisites ✓ No incentivizing of short-term results to the detriment of long-term goals and results ✓ Compensation practices appropriately structured to avoid incentivizing excessive risk taking ✓ No excise tax gross ups for change in control related situations ✓ No repricing of underwater options without stockholder approval 7 TABLE OF CONTENTS PROXY STATEMENT The Board of Directors (“Board” or “Board of Directors”) of Red Robin Gourmet Burgers, Inc. (“Red Robin” or the “Company”) is first providing this proxy statement on or about April24 , 2025 to stockholders in connection with the solicitation of proxies on its behalf to be voted at the annual meeting of stockholders. The meeting will be held on Thursday, May 22, 2025, beginning at 8:00 a.m. MDT, at Red Robin’s Yummm U, located at 10000 E. Geddes Avenue, Suite 500, Englewood, Colorado 80112. The proxies may be