Company: OC
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001370946-25-000125
Chunk: 61

Company: Owens Corning
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 61
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 | —      |                             |       |   1,541 |     |        |  3,082 |     |       |        |     |   226,804 |           |     |   |          |

(1) Reflects the NEO’s annual incentive opportunity under the CIP for the annual performance period commencing in 2024. Actual amounts paid out under the 2024 CIP are reflected in column (g) of the 2024 Summary Compensation Table. Funding and individual award

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T a b l e o f C o n t e n t s

amounts are determined as described in the narrative to these tables and the Compensation Discussion and Analysis above. The CIP provides no payout at or below threshold funding. Incentive payments are made only where plans fund above threshold.

(2) Reflects the RSUs granted to each NEO on February 1, 2024, which generally vest one-third per year over three years.

(3) Reflects the long-term incentive opportunity granted to the NEO under the 2023 Owens Corning Stock Plan for the performance period commencing in 2024. PSUs were granted on February 1, 2024 and will generally vest after the end of the three-year performance period depending on performance results. Funding and individual award amounts are determined as described in the narrative to these tables and the Compensation Discussion and Analysis above. ROC, TSR and FCFC PSU grants provide no payout at or below threshold performance. The value of PSUs reflected in column (j) is the fair value based on the probable outcome of the performance criteria for the award on the grant date. See Note 17 to the Consolidated Financial Statements included in our 2024 Annual Report on Form 10-K for a discussion of the relevant assumptions made in such valuations.

(4) In connection with the strategic review of the Glass Reinforcements business, the Committee approved a transaction-based cash bonus award opportunity for Mr. Sandri. More details can be found in the Compensation Discussion and Analysis above.

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NARRATIVE TO 2024 SUMMARY COMPENSATION TABLE AND 2024 GRANTS OF PLAN-BASED AWARDS TABLE

Base Salary, Severance and Certain Other Arrangements

During 2024, each of the NEOs participated in the Company’s compensation and benefits programs for salaried employees as described here and reflected in the tables and accompanying footnotes.