Company: SXT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001140361-25-008248
Chunk: 43

Company: SENSIENT TECHNOLOGIES CORP
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 43
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| • | local currency revenue (30% weight). |

These are non-GAAP financial measures. The tables and their footnotes below provide information regarding these measures and how they were calculated. For 2024 annual incentive target awards approved in February 2024 for Mr. Geraghty, based upon the achievement of performance goals during 2024, performance was split between Color Group (70%) and Corporate (30%) results and measured based on a weighted average of the Color Group’s achievement of two performance goals:

| • | local currency operating profit (70% weight), and |

| • | local currency revenue (30% weight). |

39

Awards earned under the annual incentive plan in 2024, based upon targets set in February 2024, were as described in the tables below:

| Corporate              
 Performance Goals      |     | 2024 Target(1)and Percentage of 
 Target Award Earned             |     | 2024            
 Calculation(2)  |     | Percentage      
 Weight of Award 
 Formula         |
| Adjusted EBITDA        |     | 4.6% decrease minimum, 10%      
 0% increase, 25%;               
 6% increase target, 100%;       
 8% increase maximum, 200%       |     | $268.6 million  
 (8.3% increase) |     | 70%             |
| Local Currency Revenue |     | 5.5% decrease minimum, 10%      
 0% increase, 25%;               
 5% increase target, 100%;       
 6.5% increase maximum, 200%     |     | $1.6 billion    
 (7.4% increase) |     | 30%             |

| Color Group                    
 Performance Goals              |     | 2024 Target(1)and Percentage of 
 Target Award Earned             |     | 2024                            
 Calculation(2)                  |     | Percentage      
 Weight of Award 
 Formula         |
| Local Currency OperatingProfit |     | 5% decrease minimum, 10%        
 0% increase, 25%;               
 11% increase target, 100%;      
 14% increase maximum, 200%      |     | $119.5 million (14.2% increase) |     | 70%             |
| Local Currency Revenue         |     | 5% decrease minimum, 10%        
 0% increase, 25%;               
 6%