Company: HEI-A
Filing Date: 2025-01-31
Form Type: DEF 14A
Source: 0001140361-25-002543
Chunk: 16

Company: HEICO CORP
Filing Date: 2025-01-31
Form: DEF 14A
Chunk 16
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     | 2025 PROXY STATEMENT |

TABLE OF CONTENTS

| BOARD SERVICE |

The Board believes that Directors should both fill an oversight role and provide practical business assistance, along with guidance for the Company’s management. Directors should continue to serve if they can fulfill their duties and provide value to the Company and its shareholders, regardless of their age or tenure on the Board. HEICO’s financial, operational and governance success validates this view.

| HUMAN CAPITAL - A TOP PRIORITY |

We believe that our Team Members are HEICO's most important feature, so we place our Team Members first by:

| ▪ | Maintaining a very generous 401(k) retirement plan for nearly all US-based Team Members |

| ▪ | Fully funding the 401(k) plan for all eligible Team Members, even during the difficult Pandemic period |

| ▪ | Being loyal to our Team Members and emphasizing the Company's stability |

| ▪ | Maintaining robust health and safety practices which consistently result in a company-wide OSHA Recordable Workplace Injury Rate that averages around half of the US average for all manufacturing companies |

| ▪ | Offering excellent health coverage and benefits to our Team Members |

| ▪ | Maintaining strong and competitive compensation practices which provide for regular increases |

| ▪ | Rewarding our Team Members for excellent performance with excellent bonus practices |

| ▪ | Having an “open door” communication policy for all Team Members to communicate with HEICO's senior management on any subject |

| ▪ | Providing Team Members with a 24-hour hotline which is reported to our Board to raise ethical or legal issues |

| MERIT AND DIVERSITY |

HEICO’s success is dependent on attracting and maintaining remarkable talent. We are proud that our talent emanates from a very broad range of races, genders, sexual orientations and national origins. We recruit, hire and retain people based upon their qualifications and not based on social engineering or artificial considerations. We will not tolerate any form of discrimination based on race, gender, sexual orientation or national origin. We believe a business cannot succeed if it excludes talent based on prejudiced considerations, so HEICO does not do that. We remain committed to growing our Team Member diversity as we historically have done through organic, not forced or “DEI” means.

| ▪ | Approximately one-half of our domestic Team Members are Hispanic, Black, Asian or members of other minority groups |

| EXCELLENT SHAREHOLDER ENGAGEMENT |

Although our Board, management and Team Members are major HEICO