Company: GGG
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001193125-25-052581
Chunk: 65

Company: GRACO INC
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 65
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 goal of attracting, developing and retaining global business leaders who can drive financial and strategic growth objectives that are intended to build long-term shareholder value. Our executive compensation framework includes the following elements:

| • |     | Competitive compensation as compared against manufacturing companies of comparable sales volume and financial performance; |

| • |     | All elements of compensation are tied to the performance of the Company, a division, a region and/or the performance of the individual executive officer; |

| • |     | Appropriate balance of short- and long-term financial and strategic business results, with an emphasis on managing the business for the long-term; |

| • |     | Long-term incentives that align the interests of executive officers with the long-term interests of shareholders; and |

| • |     | Compensation designed to reduce the possibility of excessive risk-taking, such as through our stock holding policy and recoupment policy. |

**Shareholders are encouraged to read the Compensation Discussion and Analysis, the accompanying compensation tables, and the related narrative disclosure to better understand the compensation of our Named Executive Officers. The Board of Directors, upon recommendation of the Management Organization and Compensation Committee, recommends that shareholders vote FOR approval, on an advisory basis, of the compensation paid to our Named Executive Officers as disclosed in this Proxy Statement. 52 Graco Inc. 2025 Proxy Statement

SHAREHOLDER PROPOSALS AND NOMINATIONS FOR THE ANNUAL MEETING IN THE YEAR 2026

Any shareholders wishing to have a proposal considered for inclusion in the proxy statement for the Annual Meeting of Shareholders in the year 2026 must follow the procedures provided in Rule 14a-8 under the Securities Exchange Act of 1934 and submit such proposal in writing to the Secretary of the Company at the address shown on page 1 of this Proxy Statement no later than November 12, 2025.

All other shareholder proposals and nominations must be made in compliance with the provisions of our Bylaws. Any shareholder proposal or nomination for the Annual Meeting of Shareholders in year 2026 not for inclusion in the Company’s proxy statement must be submitted by written notice to the Secretary of the Company by January 25, 2026, to be considered. Any nomination for the Annual Meeting of Shareholders in the year 2026 for inclusion in the Company’s proxy statement (referred to as proxy access) must be submitted by written notice to the Secretary of the Company between October 13, 2025 and November 12, 2025, to be considered. Our proxy access