Company: CODI-PB
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001140361-25-013771
Chunk: 51

Company: Compass Diversified Holdings
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 51
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 amount of such variable or incentive pay is determined primarily by the amount of Mr. Sabo’s equity interest in our Manager and the amount of our Manager’s income derived from the Company, with applicable adjustments, excluding the estimated amount Mr. Sabo would have received had he not provided services to us. Although Mr. Sabo is the managing member and an equity holder of our Manager and therefore has an interest in the management fee paid to our Manager and may receive cash distributions from our Manager periodically at its discretion, our Manager does not compensate Mr. Sabo specifically for his services to us. Mr. Sabo also provides other services to our Manager. Neither our current Chief Financial Officer, Mr. Keller, nor our former Chief Financial Officer, Mr. Faulkingham, whose compensation is or was paid by our Manager and fully reimbursed by us, owns or owned equity in our Manager or receives or received compensation from our Manager reasonably associated with his services as our Chief Financial Officer, other than that compensation which is or was reimbursed by us, as disclosed elsewhere in this Proxy Statement. The Allocation Member estimates that the total amount paid or distributed to Messrs. Sabo, Keller and Faulkingham in 2024 that was reasonably associated with their services to us was approximately $12.41 million in the aggregate, which consisted of approximately $10.2 million to Mr. Sabo, $0 to Mr. Keller, and approximately $2.21 million to Mr. Faulkingham, and represented approximately 25.4% of the $48.9 million profit allocation payment paid or payable by us to the Allocation Member in 2024. The Allocation Member estimates that the total amount paid or distributed to Mr. Sabo and Mr. Faulkingham in 2023 that was reasonably associated with their services to us was approximately $3.83 million in the aggregate, which consisted of approximately $2.99 million to Mr. Sabo and approximately $0.84 million to Mr. Faulkingham and represented approximately 14.5% of the $26.5 million profit allocation payment paid or payable by us to the Allocation Member in 2023. Of the total compensation paid to Messrs. Sabo, Keller and Faulkingham by the Allocation Member that was estimated to be reasonably associated with their services to us in each of 2024 and 2023, 100% was variable or incentive pay. The amount of such variable or incentive pay to each of Messrs. Sabo, Keller and Faulkingham