Company: ASTE
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001104659-25-023778
Chunk: 81

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 81
---
 that are normally provided by the independent registered public accounting firm in connection with regulatory filings for the relevant years, in each case, for the applicable year. (2) Tax fees primarily include fees associated with routine tax compliance and consulting services.

Audit Fee Approval The Audit Committee is involved in the negotiations related to the fees paid to independent registered public accounting firm, and all audit-related, tax and other fees for services provided by Deloitte in 2024 and 2023 to the Company and disclosed in the table above were reviewed and pre-approved by the Audit Committee in accordance with its charter. Audit Committee Pre-Approval Policy Since October 24, 2002, the Company’s Audit Committee has approved all fees for audit and non-audit services of the Company’s independent registered public accounting firm prior to engagement. It is the policy of the Audit Committee, as set forth in the Audit Committee charter, to pre-approve, to the extent required by applicable law, all audit and non-audit services provided to the Company by its independent registered public accounting firm. In accordance with applicable law, the Audit Committee may delegate to one or more designated members of the Audit Committee the authority to grant the required pre-approvals, provided that the decisions of any member(s) to whom such authority is delegated to pre-approve an activity shall be presented to the full Audit Committee at its next regularly scheduled meeting. The Audit Committee has delegated to the Chair of the Audit Committee the authority to grant the required pre-approvals for any engagement that does not exceed one-hundred thousand dollars ($100,000). Audit Committee Review The Company’s Audit Committee has reviewed the services rendered and the fees billed by Deloitte for the years ended December 31, 2024 and December 31, 2023. The Audit Committee has determined that the services rendered, and the fees billed in each year that were not related to the audit of the Company’s consolidated financial statements are compatible with the independence of Deloitte as the Company’s independent registered public accounting firm.

TABLE OF CONTENTS 63 Astec Industries, Inc. | Notice of Annual Meeting and Proxy Statement 2025 PROPOSAL 4: APPROVAL OF ASTEC INDUSTRIES, INC. 2025 EQUITY INCENTIVE PLAN On February 21, 2025, the Board of Directors adopted, subject to shareholder approval at the Annual Meeting, the Astec Industries, Inc. 2025 Equity Incentive Plan (the “2025 Equity Incentive Plan” or the