Company: PBH
Filing Date: 2025-06-27
Form Type: DEF 14A
Source: 0001295947-25-000021
Chunk: 42

Company: Prestige Consumer Healthcare Inc.
Filing Date: 2025-06-27
Form: DEF 14A
Chunk 42
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 53 |

Executive Compensation

Vesting Criteria for Equity Awards

| Performance Stock Units•Vest at the end of three years if company achieves pre-established goals relative to cumulative adjustedEBITDA and cumulative Net Sales (each weighted 50%).•The actual payout is determined based on the Company’s actual performance aggregated over thethree-year period on a sliding-scale between the minimum (threshold) amount and the maximumamount, inclusive of the target amount.•Participants can earn up to 200% of the target number of shares with exceptional performance.•If performance is below target, but above threshold, participants can earn 50% of their award.•If performance is below threshold, participants earn 0% of their award. |
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| Restricted Stock Units•Vest ratably over three years based on service.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

For 2025, the Compensation and Talent Management Committee chose the following as the corporate financial goals for the 3-year Performance Stock Units:

| Metric               |     | Definition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | Rationale for Selection                                                                     |
| Cumulative Net Sales |     | The Company’s cumulative annual“Net Sales,” as reported in the Company’saudited financial statements for the 3-yearperformance period, adjusted to excludedivestitures, acquisitions, changes inaccounting policy and other adjustmentsdeemed appropriate by the Committee.                                                                                                                                                                                                                          |     | Drive consistent top-line growth over time.                                                 |
| Cumulative EBITDA    |     | Company’s cumulative reported netearnings (loss) excluding earnings (loss)from discontinued operations, net of theprovision (benefit) for income taxes, net ofinterest income and expense, net ofdepreciation and amortization. EBITDA forthe 3-year performance period is adjustedto exclude divestitures, acquisitions, costsassociated with integration, transition,purchase accounting, impairment charges,changes in accounting policy and otheradjustments deemed appropriate bythe Committee. |     | Drive stockholder value creation in termsof growth of earnings per share and freecash flow. |

We utilize the same metrics in our annual incentive and PSU program, though they are over different timeframes. The Committee regularly reviews what metrics align most closely with our business strategy and considers potential alternatives. Management along with the Committee continue to believe Net Sales and EBITDA, are the metrics that drive value for our business and provide line-of-sight to participants. Treatment Upon Retirement. The Compensation