Company: LPX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001104659-25-028584
Chunk: 33

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 33
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 our Lead Independent Director by e-mail at governance@lpcorp.com, or to our headquarters at Louisiana-Pacific Corporation, 1610 West End Avenue, Suite 200, Nashville, Tennessee 37203. If the communication is addressed to an individual director, it will first be sent to that individual for a determination as to whether it relates to a personal matter rather than a company or Board matter. Absent a conflict of interest, the Chair of the Governance Committee and the Lead Independent Director, in their sole discretion, will determine how to handle each communication, including forwarding it for consideration by the full Board, the independent directors only, a Board committee, or an individual director. DIRECTOR COMPENSATION The Governance Committee reviews, on an annual basis, director compensation in relation to other comparable companies and in light of other factors that the Governance Committee deems appropriate, and discusses director compensation with, and makes recommendations to, the Board, with the Board approving director compensation. Pursuant to our director compensation policy updated effective May 10, 2024, each of our non-employee directors receives a $100,000 annual cash retainer, each chair of the Audit, Compensation and Governance Committees receives an annual cash committee chair retainer, and our Lead Independent Director receives an annual cash retainer, with each retainer paid quarterly in equal installments, as follows:

| ​ | ​                                                       | ​ | ​ |   |   |         | AnnualRetainer($) | ​ |
| ​ | Non-Employee Director                                   | ​ | ​ | ​ | ​ | 100,000 | ​                 | ​ |
| ​ | Compensation Committee Chair                            | ​ | ​ | ​ | ​ |  20,000 | ​                 | ​ |
| ​ | Finance and Audit Committee Chair                       | ​ | ​ | ​ | ​ |  20,000 | ​                 | ​ |
| ​ | Governance and Corporate Responsibility Committee Chair | ​ | ​ | ​ | ​ |  15,000 | ​                 | ​ |
| ​ | Lead Independent Director                               | ​ | ​ | ​ | ​ |  30,000 | ​                 | ​ |

Prior to May 10, 2024, the annual cash retainer for non-employee directors was $90,000 and the annual cash retainer for the Lead Independent Director was $25,000. The annual retainer for our Lead Independent Director recognizes the additional time commitment for this role compared to the other independent directors, which currently includes acting as an intermediary in the event