Company: KEQU
Filing Date: 2025-07-07
Form Type: DEF 14A
Source: 0001140361-25-025051
Chunk: 26

Company: KEWAUNEE SCIENTIFIC CORP /DE/
Filing Date: 2025-07-07
Form: DEF 14A
Chunk 26
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 purposes of calculating the average amounts in each applicable fiscal year are as follows: (i) for 2025, Messrs. Gardner and Batdorff, (ii) for 2024, Messrs. Gardner and Batdorff, and (iii) for 2023, Messrs. Gardner and Batdorff. |

| 4 | This column represents the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Hull), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group (excluding Mr. Hull) during the applicable fiscal year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the NEOs as a group (excluding Mr. Hull) for fiscal year 2025 to determine the compensation actually paid, using the same adjustment methodology described above in Note 2(c): |

| Fiscal Year |     |      Average 
     Reported 
      Summary 
 Compensation 
  Table Total 
  for Non-PEO 
      NEOs(a) |     |        Average 
       Reported 
        Summary 
   Compensation 
 Table Value of 
    Non-PEO NEO 
         Equity 
      Awards(b) |     | Average Non- 
      PEO NEO 
     Adjusted 
     Value of 
       Equity 
    Awards(c) |     |          Average 
     Compensation 
 Actually Paid to 
     Non-PEO NEOs |
| 2025        |     |     $835,746 |     |       $222,915 |     |     $242,581 |     |         $855,412 |

| a. | This column represents the average of the amounts reported for the Company’s NEOs as a group (excluding Mr. Hull) in the “Total” column of the Summary Compensation Table in the applicable fiscal year. For further information concerning our NEOs’ (excluding Mr. Hull) total compensation, please refer to the Summary Compensation Table in this Proxy Statement for the applicable fiscal year. |

| b. | This column represents the average of the total amounts reported for the NEOs as a group (excluding Mr. Hull) in the “Stock Awards” column in the Summary Compensation Table in the applicable fiscal year. For further information concerning our NEOs’ (excluding Mr. Hull) equity awards, please refer