Company: SDSYA
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001163609-25-000013
Chunk: 21

Company: SOUTH DAKOTA SOYBEAN PROCESSORS LLC
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 21
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 Governance Committee believe that it should not be constrained by the requirements of Section 162(m) of the Code if those requirements would impair flexibility in compensating our Executive Officers in a manner that can best promote our objectives. We intend to continue to compensate our Executive Officers in a manner consistent with the best interests of the Company and reserve the right to award compensation that may not be deductible under Section 162(m) where the Company believes it is appropriate to do so. None of the compensation arrangements with other executive officers is likely to reach this cap in the foreseeable future.

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Compensation Committee Report

The governance committee has reviewed and discussed the Compensation Discussion and Analysis with management. Based upon this review and discussion, the board of managers determined that the Compensation Discussion and Analysis should be included in this proxy statement.

| THE GOVERNANCE COMMITTEE |
| Spencer Enninga          |
| Gary Goplen              |
| Ned Skinner              |
| Craig Weber              |

#### Summary Compensation Table
The tables below summarize the total compensation paid or earned for services in all capacities during each of the previous three years for (i) Tom Kersting, who has served as our Chief Executive Officer; (ii) Carl Odde, who has served as our Chief Operating Officer; (iii) Mark Hyde, who served as our Chief Financial Officer; (iv) John Prohaska, who has served as our VP of Processing; and (v) Andrew Carlson, who has served as our VP of Engineering and Innovation. There were no other executive officers, or employees acting in similar capacity, in the previous three years.

| Name and Principal Position |     | Year |     |      |     | Salary* 
 ($)     |         |     | Bonus* 
 ($)    |         |     | Deferred Compensation* 
 ($)                    |         |     | Stock   
 Awards* 
 ($)     |   |     | All Other*   
 Compensation 
 ($)          |        |     | Total 
 ($)   |           |
|:----------------------------|:----|:-----|:----|-----:|:----|:--------|--------:|:----|:-------|--------:|:----|:-----------------------|--------:|:----|:--------|:--|:----|:-------------|-------:|:----|:------|----------:|
| Tom Kersting                |     |      |     | 2024 |     | $       | 400,000 |     | $      |