Company: KHC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001308179-25-000266
Chunk: 21

Company: Kraft Heinz Co
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 21
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 and Performance Bonus Plan, aligned with our annual operating plan and long-term strategy |
| ● | Reviewed stock ownership guidelines and NEO compliance                                                       |

APRIL TO JUNE

| ● | Annual Meeting of Stockholders |

JULY TO SEPTEMBER

| ● | Reviewed talent, leadership, and culture strategy,  
 and progress against talent engagement goals        |
| ● | Reviewed results of say-on-pay vote of stockholders |
| ● | Reviewed Committee Charter                          |

OCTOBER TO DECEMBER

| ● | Completed risk assessment of compensation programs                   |
| ● | Evaluated and set compensation and performance peer groups for the   
 following year                                                       |
| ● | Benchmarked compensation programs and pay opportunities versus the   
 compensation and performance peer groups                             |
| ● | Reviewed and approved Committee advisor and independence assessment  |
| ● | Reviewed progress against talent, leadership, and culture strategies |
| ● | Reviewed performance measures for inclusion in compensation program  
 design for 2025                                                      |
| ● | Discussed stockholder engagement efforts and feedback                |

The Compensation Committee oversees our executive compensation program and plans to align them with our strategy, goals, and stockholder interests. In making 2024 compensation decisions, the Compensation Committee considered a number of factors, including:

| Compensation programs at peer companies |     | Kraft Heinz’s performance over the last three years |     | Our financial plan as part of our growth strategy and long-term 
 outlook                                                         |     | Realized pay from our historical compensation programs |     | Methods of aligning executive compensation with stockholder returns |     | Individual responsibilities and performance,                    
 leadership, years of experience, and long-term growth potential |

ROLE OF INDEPENDENT CONSULTANT Since 2022, the Compensation Committee has engaged Meridian Compensation Partners LLC (“Meridian”) as its independent compensation consultant. Meridian is hired by and reports directly to the Compensation Committee. Meridian attends meetings and executive sessions of the Committee at which compensation matters are considered and advises and provides guidance and analysis to the Compensation Committee on matters pertaining to executive and non-employee director compensation, including CEO and executive compensation plans and design, executive compensation-related regulatory matters and governance best practices, and competitive market studies. Meridian provides guidance and performs various analyses for the Compensation Committee, including peer group benchmarking and analyses regarding pay and performance alignment, incentive plan performance measures and TSR correlation, and the rigor of performance goals.

| 54 | 2025 Proxy Statement |

| Company  
 Overview |     | Voting  
 Roadmap |     |