Company: DXPE
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001020710-25-000087
Chunk: 19

Company: DXP ENTERPRISES INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 19
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 directors: Four out of the six directors meet the criteria for independence required by NASDAQ; only Mr. Little and Mr. Yee are deemed not to be independent.

• All committees are composed solely of independent directors: Our Audit, Compensation, IT and Cybersecurity, and Nominating and Governance Committees are each composed solely of independent directors. Each of our independent directors serves on each of the committees.

• Non-employee directors meet regularly: Our non-employee directors typically meet in executive sessions without our employee directors (Mr. Little and Yee) at each regularly scheduled Board meeting.

The Board has established an Audit Committee, a Nominating and Governance Committee, an IT and Cybersecurity Committee, and a Compensation Committee. The Board met four times in 2024. Each director attended (whether in person or telephonically) all of the meetings of the Board and committees of which he or she was a member. DXP does not have a policy regarding director attendance at Annual Meetings of Shareholders. One director attended the last Annual Meeting of Shareholders.

Messrs. Halter, Mannes, Patton and Mrs. Hoffman are the members of the Audit, Compensation, IT and Cybersecurity, and Nominating and Governance Committees.

#### Voting Matters
Ensuring continuity in leadership, no votes were cast against any of the directors nominated for re-election at the 2024 Annual Shareholders Meeting. The Board remains committed to diligent oversight and creating long-term shareholder value for all shareholders. Given the outcome of last years Annual Shareholders meeting, and our governance model, each director will stand for re-election this year.

#### Majority Voting Standard
General

Our Bylaws provide for majority voting in uncontested director elections effective January 1, 2022 in response to previous years stakeholder feedback. If an incumbent director is not elected by a majority of the votes cast in an uncontested election, our Nominating and Governance Committee will submit for prompt consideration by the Board a recommendation whether to accept or reject the director’s resignation. The Board expects the director whose resignation is under consideration to abstain from participating in any decision regarding that resignation.

Contested Elections

At any meeting of shareholders for which the number of nominees for director at a meeting of shareholders exceeds the number of directors to be elected at such meeting or if the Secretary of the Company receives a notice that a shareholder has nominated a person for election to the Board of Directors in compliance with the Company’s Bylaws and such nomination has not been withdrawn on or before the fourteenth day before the