Company: TH
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-032818
Chunk: 10

Company: Target Hospitality Corp.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 10
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 executive officers; ■ develops policies for the recovery of erroneously paid compensation and administers the Company’s Compensation Recovery Policy; ■ oversees the process relating to succession planning for our CEO and other executive officers; ■ reviews the compensation disclosures in the annual proxy statement and annual report on Form 10-K filed with the SEC and discusses the disclosures with management; ■ oversees the Company’s human capital function, including as it relates to culture, talent, and management development; ■ performs an annual self-evaluation, reviews its charter and recommends changes to the Board for approval; and ■ prepares the compensation committee report required to be included in our annual proxy statement. INDEPENDENCE & OTHER MATTERS The Board has determined that all Compensation Committee members are non-employee directors and qualify as independent directors. In making its determination, the Board has considered all factors specifically relevant to determining whether a director has a relationship with the Company that would materially impair the director’s ability to make independent judgments about executive officer compensation, including: ■ the source of such director’s compensation; ■ any consulting, advisory or other compensatory fees paid by the Company to the director; and ■ any other affiliations the director has with the Company and its affiliates, including engagements by clients that are companies or affiliates of companies for which members of the Compensation Committee serve as officers or directors. The Compensation Committee and the Board solicit recommendations from our CEO and other officers regarding compensation matters, including compensation for executive officers and key employees other than our CEO. They assist the Compensation Committee by providing information such as financial results, short-term and long-term business and financial plans, and strategic objectives, as well as their views on compensation programs and levels. Only members of the Compensation Committee vote on matters before the Committee. The Compensation Committee may form subcommittees composed of one or more of its independent members for any purpose that the Compensation Committee deems appropriate and may delegate to such subcommittees such power and authority as the Compensation Committee deems appropriate.

| ​ | 2025proxy statement | ​ | ​ | ​ | 17 | ​ |

TABLE OF CONTENTS PROPOSAL 1: ELECTION OF DIRECTORS

Compensation Consultant Under its charter, the Compensation Committee is authorized to select, retain, and direct the activities, and terminate the services of compensation advisors, as well as approve their fees and expenses. The Compensation Committee retained Frederic W. Cook & Company ( “FW Cook” ) as its independent compensation consultant. The Compensation Committee annually evaluates FW Cook’s independence from management and directors, taking into consideration all relevant factors