Company: NINE
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001193125-25-048494
Chunk: 26

Company: Nine Energy Service, Inc.
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 26
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 Topic 718. See Note 11 to our consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, for additional detail regarding assumptions underlying the value of these awards. |

| (3) | The amounts reflected in the “Non-Equity Incentive Plan Compensation” column include the amounts earned in 2024 under our quarterly cash incentive bonus program based on the achievement of certain financial performance goals, as determined by the Nominating, Governance and Compensation Committee. Please see “Narrative Disclosure to Summary Compensation Table—Quarterly Cash Incentive Bonus Program” below for more information regarding the quarterly cash incentive bonus program. |

| (4) | The amount reflected in the “All Other Compensation” column for each of Ms. Fox and Messrs. Sirkes and Moore includes a 401(k) employer match. For Mr. Crombie, the “All Other Compensation” column includes costs for the Company to lease a vehicle for use by Mr. Crombie. |

Narrative Disclosure to Summary Compensation Table Base Salary Ms. Fox’s and Messrs. Crombie’s, Sirkes’ and Moore’s annualized base salaries for 2024 were $700,000, $510,000, $440,000 and $410,000, respectively, at the beginning of 2024, and then each NEO’s base salary increased by 5% effective March 10, 2024. Following such increase, Ms. Fox’s and Messrs. Crombie’s, Sirkes’ and Moore’s annualized base salaries were $735,000, $535,000, $462,000 and $430,500, respectively. Please see “Narrative Disclosure to Summary Compensation Table—Employment Agreements” below for more information regarding our Named Executive Officers’ Employment Agreements. Also, please see the section entitled “Additional Narrative Disclosure—Potential Payments upon Termination or Change In Control” below for more details regarding the severance benefits provided to our Named Executive Officers under the Employment Agreements. Quarterly Cash Incentive Bonus Program We maintain a quarterly cash incentive bonus program, pursuant to which our Named Executive Officers are eligible to receive performance-based bonuses based on achievement with respect to certain financial performance targets and potential cash bonuses determined by the Nominating, Governance and Compensation Committee. 23

Performance goals and related targets for the first, second, third and fourth quarters of 2024, each based on Adjusted EBITDA targets by service line and