Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 79

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 79
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 interest compensation allocation represents compensation expense associated with a portion  
 of the rollover equity from the acquisition Alluxa that is subject to reduction for certain 
 types of employment terminations of the Alluxa sellers and is directly related to the terms 
 of the respective acquisitions. This expense will continue to be recognized as compensation 
 expense over the term of the put and call options associated with the acquisitions unless   
 certain employment terminations have occurred. The Alluxa non-controlling interests were    
 acquired by Enpro in February 2024.                                                         |

| (2) | In                                                                                            
 connection with the sale of GGB, accounted for as a discontinued operation, in the fourth     
 quarter of 2022, we issued an intercompany note between a domestic and foreign entity that    
 was denominated in a foreign currency. As a result of this note, we recorded a loss due to    
 the change in exchange rate in 2024. We have hedged the outstanding note in order to mitigate 
 related gains or losses.                                                                      |

Cash Flow ROIC Cash Flow ROIC for the fiscal year ended is calculated by taking adjusted operating income ($155.8 million) multiplied by the difference between 1 minus the assumed tax rate of 25% (expressed as a fraction—i.e., 0.75) then adding depreciation and amortization expense at budgeted 2024 foreign exchange rates ($100.7 million) plus amortization of deferred cloud computing costs ($1.9 million) plus the decrease in average net working capital ($5.8 million) for the trailing twelve months and subtracting the amount of budgeted 2024 capital expenditures ($60.7 million), with such amount then divided by the sum of average working capital ($155.9 million), average gross property, plant and equipment ($366.7 million) and average gross software investment ($26.8 million).

| 2025            
 PROXY STATEMENT | A-2 | ENPRO 
 INC.  |

Appendix B—Enpro Inc. 2020 Equity Compensation Plan
(as amended and restated effective
April 30, 2025) Enpro Inc., a North Carolina corporation, sets forth herein the terms of its Amended and Restated 2020 Equity Compensation Plan, as follows:

| 1. | PURPOSE |

The Plan is intended to enhance the Company’s and its Affiliates’ (both as defined herein) ability to attract and retain highly qualified officers, Non-Employee Directors (as defined herein), key employees,