Company: KHC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001308179-25-000266
Chunk: 53

Company: Kraft Heinz Co
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 53
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 INDEPENDENT DIRECTOR PROVIDES AN EFFECTIVE BALANCE AND CONTRIBUTES TO ROBUST GOVERNANCE Our independent directors have elected John C. Pope as the current Lead Director of the Board. In appointing Mr. Pope as Lead Director, the independent directors took into consideration Mr. Pope’s experience and knowledge, integrity, and time commitment to the Board. Mr. Pope has served as a Kraft Heinz director since July 2015 and served as a director of our predecessor companies from 2001 to 2015. With Kraft Heinz, Mr. Pope has served on the Audit, Compensation, and Governance Committees. During his tenure, he has developed an expansive knowledge of Kraft Heinz through significant strategic advances, transformational, operational and organizational changes, and an evolving external environment.

| 2025 Proxy Statement | 103 |

| Company  
 Overview |     | Voting  
 Roadmap |     | Stockholder 
 Engagement  |     | Our   
 Board |     | Governance |     | Director     
 Compensation |     | Beneficial 
 Ownership  |     | Executive    
 Compensation |     | Audit   
 Matters |     | Stockholder 
 Proposals   |     | Other       
 Information |     | Appendix A. 
 Non-GAAP    |

The independent Lead Director’s duties and responsibilities are formalized in our Corporate Governance Guidelines and promote strong management oversight and accountability. The duties and responsibilities of the Lead Director include:

| ● | Presiding at all meetings of the Board at which the Chair is not present, including executive sessions of                      
 the independent directors;.                                                                                                    |
| ● | Having the authority to call meetings of (i) the independent directors and (ii) directors unaffiliated with Berkshire Hathaway 
 Inc.;                                                                                                                          |
| ● | Reviewing and approving Board agendas, meeting schedules, and other information sent to the Board;                             |
| ● | Serving as a Board representative for consultation and communication with our stockholders, as appropriate;                    |
| ● | Participating in CEO succession planning;                                                                                      |
| ● | Monitoring and evaluating, along with the Compensation Committee and the other independent directors, the performance of the   
 CEO; and                                                                                                                       |
| ● | Performing such other duties as the Board or independent directors may from time-to-time request.                              |

OUR CORPORATE GOVERNANCE PRACTICES ARE CONSISTENT WITH BEST PRACTICES AND PROMOTE EFFECTIVE OVERSIGHT Our corporate governance practices reinforce the Board’s alignment with, and accountability to, stockholders and promote effective Board oversight of management. In