Company: MCW
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000950170-25-052554
Chunk: 34

Company: Mister Car Wash, Inc.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 34
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 otherwise engaging in transactions that hedge or offset, or are designed to hedge or offset, any decrease in the market value of our equity securities. All such transactions involving our equity securities, whether such securities were granted as compensation or are otherwise held, directly or indirectly, are prohibited.

Communications with the Board

Any stockholder or any other interested party who desires to communicate with our Board of Directors, the Chairman, a specified Board Committee, Independent Presiding Director, or our non-management directors as a group, may do so by directing such correspondence to the following address: Board of Directors, Mister Car Wash, Inc., 222 East 5th Street, Tucson, Arizona 85705, Attn: Corporate Secretary. Each communication should specify the applicable addressee or addressees to be contacted, as well as the general topic of the communication. The Company initially will receive and process communications before forwarding them to the appropriate addressee. The Corporate Secretary will forward the communication to the appropriate director or directors as appropriate.

| 2025 Proxy Statement |     | 23 |

Compensation Discussion and Analysis

Compensation Discussion and Analysis

General

In this Compensation Discussion and Analysis (“CD&A”), we provide an overview and analysis of the compensation awarded to or earned by our named executive officers identified in the Summary Compensation Table below (each, an “NEO”) during fiscal 2024, including the elements of our compensation program for NEOs, material compensation decisions made under that program for fiscal 2024 and the material factors considered in making those decisions. Our NEOs for the year ended December 31, 2024, are:

John Lai, Chairman, President and Chief Executive Officer;

Jedidiah Gold, Chief Financial Officer;

Mary Porter, Chief People Officer;

Joseph Matheny, Chief Innovation Officer;

Markus Hartmann, our former General Counsel, and

Mayra Chimienti, our former Chief Operating Officer;

Executive Summary

2024 Performance Highlights and Pay for Performance

Our executive compensation programs are designed to deliver pay in accordance with corporate financial performance. We believe that the compensation of our NEOs for fiscal year 2024 was aligned with the Company’s performance during 2024 while facing macroeconomic headwinds. Highlights of that performance include:

Added 40 gross new locations to our portfolio.

Grew adjusted EBITDA* by 12% over 2023.

Achieved 3.0% comparable store sales growth over 2023.

* For a reconciliation of adjusted EBITDA to the