Company: WCN
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001104659-25-032201
Chunk: 26

Company: Waste Connections, Inc.
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 26
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 is not intended to address any specific item of compensation, but rather to address our overall approach to the compensation of our NEOs described in this Proxy Statement. Our Compensation Committee, which is responsible for designing and administering our executive compensation program, has designed our executive compensation program to provide a competitive and internally equitable compensation and benefits package that, among other objectives, reflects Company performance, job complexity and value of the position, while ensuring long-term retention, motivation and alignment with the long-term interests of our shareholders. In 2024, more than 95% of the Common Shares voted approved of our NEO compensation program. While the results of this advisory vote are not binding, the Compensation Committee will consider the outcome of the vote in deciding whether to take any action as a result of the vote and when making future compensation decisions for NEOs. The Say-on-Pay Proposal may be approved by the affirmative vote of a simple majority (50% plus one) of the Common Shares present, either in person or by proxy, and entitled to vote (meaning that at least a simple majority of the votes cast must be “FOR” the Say-on-Pay Proposal in order for it to be approved). You may either vote “FOR” or “AGAINST,” or you may “ABSTAIN” from voting on, the Say-on-Pay Proposal. If you “ABSTAIN” from voting on the Say-on-Pay Proposal, that will have the same effect as a vote “AGAINST” the Say-on-Pay Proposal because those shares are considered to be present and entitled to vote but are not voted.

2025 Proxy • Waste Connections, Inc. 37

TABLE OF CONTENTS Compensation Discussion
and Analysis

Table of Contents

| ​ | ​ | Our Named Executive Officers                | ​ | ​ | 38 | ​ | ​ |
| ​ | ​ | Executive Summary                           | ​ | ​ | 40 | ​ | ​ |
| ​ | ​ | Compensation Philosophy and Objectives      | ​ | ​ | 41 | ​ | ​ |
| ​ | ​ | Say-on-Pay                                  | ​ | ​ | 44 | ​ | ​ |
| ​ | ​ | Noteworthy Compensation Actions for 2024    | ​ | ​ | 44 | ​ | ​ |
| ​ | ​ | Approach to Compensation                    | ​ | ​ | 44 | ​ | ​ |
| ​ | ​ | Elements of Compensation                    | ​ | ​ | 47 | ​ | ​ |
| ​ | ​ | Other Benefits and Compensation Information