Company: CODI-PB
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001140361-25-013771
Chunk: 8

Company: Compass Diversified Holdings
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 8
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” aimed at providing specialized expertise and strategic guidance, particularly in areas where individual subsidiaries may lack the resources or bandwidth to develop these capabilities. By establishing foundational frameworks and best practices, we hope these Centers of Excellence will help our businesses identify opportunities, mitigate risks, and stay ahead of industry shifts. By strengthening financial compliance, advancing sustainability efforts, and leveraging AI for operational efficiencies, our Centers of Excellence represent a powerful driver of value creation, further differentiating both the Company and its subsidiaries. 2025 Governance Updates In January of 2025, the Company amended its Management Services Agreement. The key changes include implementing a sliding scale for base management fees, introducing an incentive management fee, eliminating integration services fees for acquisitions, and excluding excess cash from the management fee calculation. We believe that, collectively, these changes will significantly reduce long-term costs for shareholders, further align management compensation with shareholder interests and increase the oversight of our Board's Compensation Committee. On January 3, 2025, Mr. Gordon Burns informed our Board that he would not be standing for re-election at the Company’s 2025 Annual Meeting. Effective as of the same date, Ms. Nancy Mahon assumed the role of chair of our Nominating and Corporate Governance Committee. On February 14, 2025, Mr. James Bottiglieri informed our Board that he would be retiring from his position and not standing for re-election at the Company’s 2025 Annual Meeting. The departures of Mr. Burns and Mr. Bottiglieri, who served on our Board for terms of 17 and 20 years, respectively, were not the result of any disagreements with the Board, the Company or management. Rather, these departures were the culmination of a planned Board refresh designed to reduce the Board’s overall tenure and infuse the Board with new and diverse skills, perspectives, and experiences.

TABLE OF CONTENTS

TABLE OF CONTENTS

| 10 |     | 2025 Proxy |

PROPOSAL 1: ELECTION OF DIRECTORS Our Board, upon the recommendation of the Nominating/Governance Committee, has nominated the following six (6) directors for election to the Board: Larry L. Enterline, Alexander S. Bhathal, Harold S. Edwards, Heidi Locke Simon, Nancy B. Mahon, and Teri R. Shaffer. If elected, each director will hold office until the 2026 Annual Meeting of Shareholders and/or until their successor is elected and qualified. Recommendation of the Board Our Board recommends that