Company: CF
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001104659-25-027767
Chunk: 99

Company: CF Industries Holdings, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 99
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 to 90% of his base salary. In connection with his appointment as chief operating officer effective February 1, 2024, Mr. Bohn’s annual base salary was increased to $800,000 and his target annual incentive level was increased to 100%. As a result of these changes, the threshold, target and maximum amounts that Mr. Bohn could earn for 2024 under the short-term incentive plan were also increased.

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TABLE OF CONTENTS The threshold level shown is the minimum amount payable if the threshold level of each of the performance metrics are met. The terms and conditions of these awards are described above under the heading “Compensation Discussion and Analysis — Review and Approval of 2024 Cash Compensation.” We recently determined the amounts that each of the named executive officers had earned with respect to these awards, based on our corporate performance for 2024, as set forth above under the heading “Compensation Discussion and Analysis — Review and Approval of 2024 Cash Compensation — Approval of Annual Incentive Payments for 2024” and “Summary Compensation Table.” (3) The amounts in the “Threshold,” “Target,” and “Maximum” columns with the January 3, 2024 grant date reflect the PRSU opportunity granted during 2024 for the 2024 performance period (the first of three one-year performance periods for the 2024 PRSUs, the second of three one-year performance periods for the 2023 PRSUs and the third of three one-year performance periods for the 2022 PRSUs). For Mr. Cameron, the amounts in the “Threshold,” “Target,” and “Maximum” columns with the June 17, 2024 grant date reflect the PRSU opportunity granted during 2024 for the 2024 performance period (the first of three one-year performance periods for the 2024 PRSUs). The terms and conditions of these PRSU awards are described above under the heading “Compensation Discussion and Analysis — Review and Approval of 2024 Long-term Incentives.” As stated in that section, on the award grant date, the compensation and management development committee approved dollar-denominated 2024 PRSU awards for the individual executive officers and then the dollar-denominated awards were translated into an actual number of PRSUs (at target) by dividing the award values by the unweighted average closing price of our stock on the NYSE for the twenty trading days preceding the award grant date. As further described in that section, subject to earlier