Company: MWA
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0001350593-25-000069
Chunk: 30

Company: Mueller Water Products, Inc.
Filing Date: 2025-12-19
Form: DEF 14A
Chunk 30
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2025; and (vi) continued disability coverage for 18 months from March 1, 2025, subject to certain requirements, including payment of the premiums.

Compensation Committee Interlocks and Insider Participation

During fiscal 2025, none of the members of the Compensation Committee (composed of Jeffery S. Sharritts, Thomas J. Hansen, Brian C. Healy, and Bentina Chisolm Terry) was a former or current officer or employee of the Company or any of its subsidiaries or had any relationships requiring disclosure as a related person transaction. None of our executive officers serves or has served on the board of directors or compensation committee of any other entity that has or has had one or more executive officers who served as a member of the Board or its Compensation Committee during fiscal 2025.

#### 40MUELLER WATER PRODUCTS, INC.

### EXECUTIVE COMPENSATION

### Compensation Discussion and Analysis
This Compensation Discussion and Analysis is intended to provide our stockholders with information about our fiscal 2025 compensation program for our named executive officers (“NEOs”) determined in accordance with the applicable SEC rules. Our NEOs for fiscal 2025 include the following officers serving at fiscal year end:

| Marietta Edmunds Zakas  
 Chief Executive Officer |     | Paul McAndrew                         
 President and Chief Operating Officer |     | Melissa Rasmussen                                 
 Senior Vice President and Chief Financial Officer |     | Todd P. Helms                                           
 Senior Vice President and Chief Human Resources Officer |     | Scott P. Floyd                             
 Senior Vice President, Sales and Marketing |

In addition, our NEOs for fiscal 2025 include Steven S. Heinrichs who served as Executive Vice President, Chief Financial Officer and Chief Legal and Compliance Officer prior to stepping down effective March 1, 2025.

#### Highlights of Fiscal 2025 Performance
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |     | Focused on Operational Investment and Efficienciesto Increase Long-Term Stockholder Value |     |                                                                                |     |                   |
| We generated net sales of $1,429.7 million, operating income of $260.6 million, net income of $191.7 million, adjusted earnings before interest tax depreciation and amortization (“EBITDA”) of $326.2 million, net income per diluted share of $1.22 (with adjusted net income per diluted share of $1.31) and $219.3 million net cash flow provided by operating activities (free cash flow of $172.