Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 30

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 30
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 part upon the attainment of any financial reporting measure and is received by current or former executive officers after October 2, 2023, to the extent that such compensation based on the erroneously reported financial information exceeds the amount derived from the restated financial information. Clawback under the Dodd-Frank Clawback Policy is required for any such excess compensation received during the three completed fiscal years immediately preceding the date the company is required to prepare an accounting restatement. The policy provides for mandatory clawback by the company of such excess compensation, with exceptions applicable only if

| 2025            
 PROXY STATEMENT | 35 | ENPRO 
 INC.  |

| Compensation discussion and analysis |     | Other compensation practices, policies and guidelines |

(a) the direct expense paid to a third party to assist in enforcing the policy would exceed the amount to be recovered (provided that we must make a reasonable attempt to recover such erroneously awarded compensation, document our reasonable attempts to effect a recovery, and provide that documentation to the NYSE) or (b) a recovery from certain tax-qualified retirement plans would likely cause such plans to fail to meet the statutory requirements for tax exemption. To facilitate the application of the Dodd-Frank Clawback Policy, we require recipients of awards of incentive compensation based wholly or in part upon the attainment of any financial reporting measure, including rTSR, to agree to repay any such excess compensation in accordance with this policy. On January 24, 2025, we concluded that our consolidated statement of cash flows for the year ended December 31, 2022 must be recast to reflect that the cash used in 2022 for the acquisition of the non-controlling interests of our LeanTeq subsidiary from LeanTeq executives of $ 34.1millionshould have been classified as a financing activity, rather than an investing activity, in our consolidated statement of cash flows for the year ended December 31, 2022. We further concluded that such accounting restatement triggered the requirement to evaluate whether any recovery of incentive compensation was required under the Dodd-Frank Clawback Policy.The Committee concluded that such restatement of the consolidated statement of cash flows was not the result of any fraud or willful misconduct, and, accordingly, that no recovery was required under our clawback policy that existed prior to the adoption of the Dodd-Frank Clawback Policy. With the assistance of its independent compensation consultant, the Committee conducted a process to determine whether any recovery of incentive compensation was required under the Dodd-Frank Clawback Policy.