Company: SFNC
Filing Date: 2025-04-03
Form Type: DEFR14A
Source: 0001174947-25-000480
Chunk: 76

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-04-03
Form: DEFR14A
Chunk 76
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, Jr. Plan is also disclosed in the Pension Benefits Table. The value disclosed is the present value of Mr. Makris, Jr.’s benefit, fully vested as of December 31, 2024. 50 2024 PAY RATIO DISCLOSURE As required by Item 402(u) of Regulation S -K, we are providing the following information: For fiscal 2024, our last completed fiscal year: •The median of the annual total compensation of all employees of our company (other than Mr. Fehlman), was $65,987; and •The annual total compensation of Mr. Fehlman, our CEO during 2024, was $4,161,660. Based on this information, the ratio for 2024 of the annual total compensation of our CEO to the median of the annual total compensation of all employees is 63 to 1. We completed the following steps to identify the median of the annual total compensation of all our employees and to determine the annual total compensation of our median employee and CEO: •As of December31, 2024, our employee population consisted of approximately 2,966 individuals, including full -time, part -time, temporary, and seasonal employees employed on that date. •To find the median of the annual total compensation of all our employees (other than our CEO), we used wages from our payroll records as reported to the Internal Revenue Service on Form W -2for fiscal 2024. In making this determination, we annualized the compensation of full -timeand part -timepermanent employees who were employed on December31, 2024, but did not work for us the entire year. No full -timeequivalent adjustments were made for part -timeemployees. •We identified our median employee using this compensation measure and methodology, which was consistently applied to all our employees included in the calculation. •After identifying the median employee, we added together all of the elements of such employee’s compensation for 2024 in accordance with the requirements of Item 402(c)(2)(x) of Regulation S -K, resulting in annual total compensation of $65,987. With respect to the annual total compensation of our CEO, we used the amount reported in the “Total” column for 2024 of our Summary Compensation Table. This ratio is a reasonable estimate calculated in a manner consistent with SEC rules based on our payroll records and the methodology described above. The SEC rules for identifying the median employee and calculating the pay ratio based on that