Company: CODI-PB
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001140361-25-013771
Chunk: 7

Company: Compass Diversified Holdings
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 7
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 growth and increased its adjusted EBITDA 1by more than 30%. Growth in both revenue and adjusted EBITDA accelerated in the fourth quarter, exceeding management’s expectations for both the quarter and for the full year. 2024 was a transformational year for the Company. We took concrete steps to shift our focus to more innovative and disruptive businesses that can grow faster and drive long-term value creation for all stakeholders. We acquired The Honey Pot Company, a purpose-driven business focused on disrupting the feminine hygiene market by educating consumers and providing plant-derived, “better-for-you” feminine care solutions. Further, our Altor Solutions subsidiary acquired Lifoam, a leading manufacturer of temperature-controlled packaging products that we believe will expand Altor Solutions’ presence in the cold chain sector and diversify its customer base with additional blue-chip cold chain accounts. The Company also strategically divested its Ergobaby subsidiary, a global leader in premium juvenile products, and further streamlined the business of its Velocity Outdoor subsidiary by divesting the Crosman air gun business segment. Both transactions were aimed at optimizing our long-term focus while ensuring these businesses are well positioned for their next phase of development under new ownership.

| 1 | Adjusted EBITDA is a non-generally accepted accounting principle (“GAAP”) metric. See pages 108-116 of our Annual Report on Form 10-K under the heading “Reconciliation of Non-GAAP Financial Measures” for reconciliations to the most directly comparable GAAP financial measure. |

TABLE OF CONTENTS

| 08 |     | 2025 Proxy |

2024 Organizational Updates The Company continues to evolve and strengthen its organization. On August 31, 2024, our Board ratified the appointment of Mr. Stephen Keller as the Company’s Chief Financial Officer. In his new role, Mr. Keller will lead the Company’s finance function, including accounting, financial planning, treasury, tax, reporting, and investor relations. With over 25 years of executive finance experience across diverse industries – including automotive, healthcare, industrial, specialty materials, retail and apparel branding, and media – Mr. Keller brings deep financial and operational expertise to the Company. Mr. Keller replaced Mr. Ryan Faulkingham, who departed from his position as the Company’s Chief Financial Officer as of the same date. We also took meaningful steps to strengthen our capabilities in critical areas such as internal audit and financial controls, sustainability, artificial intelligence (“AI”), and business automation. To drive these initiatives, we introduced new “Centers of Excellence