Company: CRD-A
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001558370-25-004509
Chunk: 38

Company: CRAWFORD & CO
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 38
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----------:|:--|:-----------|----------:|:--|
| Revenue                       | ​ | $         | 1,237,800 | ​ | $      | 1,302,900 | ​ | $       | 1,433,200 | ​ | $          | 1,293,891 | ​ |
| Adjusted Operating Earnings   | ​ | $         |    82,400 | ​ | $      |    91,500 | ​ | $       |   105,200 | ​ | $          |    82,500 | ​ |
| Adjusted Operating Margin (2) | ​ | ​         |       6.7 | % | ​      |       7.0 | % | ​       |       7.7 | % | ​          |       6.4 | % |

| (1) | As noted above, the Compensation Committee, in its discretion, approved the exclusion of certain unbudgeted expenses deemed unusual and/or non-recurring when determining operating earnings and operating margin which was used to calculate the total company STIP payment. In addition, actual results were adjusted for foreign exchange impact. |

| (2) | The operating margin performance goals for Messrs. Bart, Thomas and Hoberman were specific to their Business Unit responsibilities. Their revenue and operating earnings goals were consistent with those used for the Corporate-wide plan. |

Based on this 2024 performance, the actual STIP payouts approved by the Compensation Committee for the NEOs are set forth below.

| ​            
 ​            
 ​            | ​ | ​            
 Actual Award 
 (in dollars) |       ​ | ​ |                           ​ 
                Actual Award 
 (as a percentage of target) | ​ |
|:-------------|:--|:-------------|--------:|:--|----------------------------:|:--|
| Mr. Verma    | ​ | $            | 307,157 | ​ |                        38.2 | % |
| Mr. Swain    |   | ​            | 106,408 |   |                        38.2 | % |
| Mr. Bart     |   | ​            | 222,405 |   |                        88.2 | % |
| Mr. Thomas   |   | ​            | 106,408 |   |                        38.2 | % |
| Mr. Hoberman |   | ​            | 176,312 |   |                        88.2 |