Company: UTZ
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000950170-25-038342
Chunk: 69

Company: Utz Brands, Inc.
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 69
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 and the forfeiture of 63,434 shares of Class A Common Stock in connection with the settlement of PSUs based on the relative TSR for the performance period set forth in the award agreement for such PSUs, and following the exercises as a result of purchase rights accruing under the ESPP, 3,797,858 shares remained available under the 2020 Omnibus Equity Incentive Plan and 1,038,638 shares remained available for issuance under the ESPP.

#### 2025 Proxy Statement53
EXECUTIVE AND DIRECTOR COMPENSATION § DIRECTOR COMPENSATION IN FISCAL YEAR 2024 DIRECTOR COMPENSATION IN FISCAL YEAR 2024 In fiscal year 2024, we maintained a director compensation program which was designed to provide competitive compensation necessary to attract and retain high quality non-employee directors and to encourage ownership of our securities to further align their interests with those of our stockholders. The program provides the following compensation for non-employee directors: ▪ An annual cash retainer of $87,500 for non-employee directors of the Board; ▪ An additional cash retainer of $90,000 for Chairperson of the Board, $25,000 for Lead Independent Director, and additional annual cash retainers of $25,000 for the Chairperson of the Audit Committee, $15,000 for the Chairperson of the Compensation Committee and $10,000 for the Chairperson of the Nominating and Corporate Governance Committee; and ▪ An equity retainer with a value of $130,000 granted in the form of RSUs granted upon each director’s initial election to office and in connection with each annual meeting of stockholders that vests on the earlier of the one-year anniversary of the grant or the next annual meeting of stockholders. A non-employee director's initial RSU award will be prorated for any partial year of service. Employee directors receive any equity compensation in connection with their employment and not as a director. All cash retainers will be payable quarterly in arrears. As our employee, Mr. Friedman was not eligible for such retainer and other compensation paid to non-employee directors in fiscal year 2024. The table below sets forth information regarding director compensation for fiscal year 2024.

| NAME                   |     | FEES EARNED OR PAID 
 IN CASH             
 ($)(1)              |         |     | STOCK AWARDS 
 ($)(2)       |         |     | TOTAL 
 ($)   |