Company: LPX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001104659-25-028584
Chunk: 71

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 71
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 PSUs                                                                                                                                                                                                                                                                                                                                                                 
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 If retirement occurs on or after the first anniversary of the award grant date: PSUs will vest following the NEO’s retirement, on the original vesting date, in an amount equal to the number of performance shares that would have been paid in accordance with the original terms of the PSUs as if the NEO had remained continuously employed                          
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LOUISIANA-PACIFIC CORPORATION ● 2025 PROXY STATEMENT | 68

TABLE OF CONTENTS COMPENSATION OF EXECUTIVE OFFICERS

| ​ | TERMINATION EVENT | ​ | ​ | ​ | BASE SALARY & ANNUALCASH INCENTIVE | ​ | ​ | ​ | BENEFITS PROGRAM & OTHERBENEFITS | ​ | ​ | ​ | LONG-TERM EQUITYINCENTIVES                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | ​ |
| ​ | ​                 | ​ | ​ | ​ | ​                                  | ​ | ​ | ​ | ​                                | ​ | ​ | ​ | through the vesting date                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
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 If retirement occurs prior to the first anniversary of award grant date: PSUs will vest on a pro-rata basis following the NEO’s retirement, on the original vesting date based on the number of days employed between the applicable grant date and the first anniversary thereof, calculated using the number of performance shares that would have been paid in accordance with the original terms of the PSUs as if the NEO had remained continuously employed through the vesting date 
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The following table sets forth, for each NEO, quantitative disclosure regarding estimated payments and other benefits that would have been received by the NEO, or his or her estate, if such NEO’s employment had terminated or if LP had experienced a change of control on December 31, 2024, under the circumstances described above.

| Name                | ​                                                             | ​ | Triggering Event                                              | ​ | ​ | PaymentsEarned butUnpaid(1) |   |         |   | ​ | ​ | SeverancePayments |   |   |   | ​ | ​ | EquityAwards(2)   |   |   |   | ​ | ​ | OtherBenefits(3) |   |         |   | ​ | ​ |      Total |   |         |   | ​ |
|:--------------------|:--------------------------------------------------------------|:--|:--------------------------------------------------------------