Company: SDSYA
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001163609-25-000013
Chunk: 15

Company: SOUTH DAKOTA SOYBEAN PROCESSORS LLC
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 15
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 the Company during the fiscal year ended December 31, 2024.

Fees for Fiscal Year Ended December 31, 2023:

Audit Fees. Eide Bailly LLP billed a total amount of $136,500 for professional services rendered for the audit of the Company’s various annual financial statements for the fiscal year ended December 31, 2023, and the reviews of the financial statements included in the Company’s Form 10-Qs for the fiscal year ended December 31, 2023.

Tax Fees. Eide Bailly LLP billed a total amount of $54,850 for professional tax services for the fiscal year ended December 31, 2023.

All Other Fees. Eide Bailly LLP did not render any other services for which fees were paid for services rendered in connection with other matters requested by the Company during the fiscal year ended December 31, 2023.

#### Audit Committee Pre-Approval Policies
The finance/audit committee charter provides that the finance/audit committee is required to approve in advance any fees related to non-audit services. Accordingly, Eide Bailly submits to the finance/audit committee a notice of services proposed to be provided and the associated fees prior to the provision of any non-audit services.

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### COMPENSATION OF OFFICERS AND MANAGERS

#### Compensation Discussion and Analysis
Overview

Throughout this proxy statement, the individuals serving as our Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, VP of Processing, and VP of Engineering and Innovation are referred to as the "executive officers".

Compensation Committee

The governance committee serves as the Company's compensation committee for the year ended December 31, 2024. The governance committee assists the board in the supervision of the chief executive officer, chief operating officer, chief financial officer, VP of processing, and VP of engineering and innovation, including the review of their performance and compensation packages. The governance committee ensures that the total compensation paid to executive officers is fair, reasonable and competitive.

The governance committee:

1. establishes and administers a compensation policy for the executive officers;

2. reviews and approves the compensation policy for all of the employees other than the executive officers;

3. reviews and monitors our financial performance as it affects our compensation policies or the administration of those policies;

4. reviews and monitors our succession plans;

5. approves awards to employees pursuant to our incentive compensation plans; and

6. approves modifications in the employee benefit plans.

All of the governance