<<

The 2021 Executive Compensation and Benchmarking Survey

NEW DATA NEW PERSPECTIVES NEW VIEWPOINTS

A single source gives you greater insight into your executive compensation investment and pay practices.

Better, more in-depth data than other sources in the industry.” “Helped spark great dialogue and influenced our decision-making.” “The data I needed to understand my competitive positioning.” The 2021 Executive Compensation and Benchmarking Survey Pearl Meyer has combined two industry-leading data sources to provide you with an in-depth review of both your competitive standing in comparison to your peers and the total cost of compensation for your leadership team. You’ll benefit from insight based on detailed information gathered from survey participants who will provide compensation data for their executives and senior management teams combined with 2021 Compensation Discussion and Analysis Data (CD&A) public company proxy filings* for their top five executives.

What will the report provide? Our report covers the complete top two layers of a firm’s management team including over eighty executive positions. In addition to a traditional competitive pay summary by benchmark position, the report also gives data for non-benchmark positions (e.g., direct report to CEO, not matched elsewhere) allowing you to determine an appropriate survey match for each one of your top executives, even those with a unique range of responsibilities.

*Source: Main Data Group

DATA COLLECTED & REPORTED SUMMARY DATA IS ƒ Base Salary ORGANIZED BY: ƒ Cash Incentives ƒ Survey matches • Target, Actual, Threshold, and ƒ Proxy matches Maximum Awards ƒ A combination of both = ƒ Long-Term Incentives • Target and Actual Awards • Ongoing/Annual, New Hire, Special, THREE WAYS TO DEFINE A “JOB” and Mega Grants WITHIN THE ORGANIZATION: • Performance-Based Options ƒ Benchmark position • Non-Performance-Based Options ƒ Overall pay rank within the firm (1 to 20) • Performance-Based Restricted Stock ƒ Pay rank (1 or 2) within a functional area • Non-Performance-Based Restricted Stock • Performance-Based Non-Stock Price Awards • Restricted Cash Awards DATA CAN BE VIEWED BY: ƒ Firm size ƒ Industry ƒ Number of levels below the CEO

For questions or to enroll, call 508-460-9600 and ask for a survey team member. 2 Benchmark your investment in leadership to your peers.

The Leadership Cost Index Custom Peer Group Report Multiple indices provide a holistic Custom peer group reports provide perspective: in-depth data that will provide insight into how your executive pay program ƒ Total Cash Cost as a percent of compares to that of your competitors. revenue, as percent of net income Participants receive, free of charge, ƒ Total Direct Compensation Cost as a one custom peer group report as part percent of revenue, as a percent of net of their membership. income ƒ Total number of leaders per US employee headcount, world-wide employee headcount

Enroll Today! One basic membership fee of $3,500 Survey Schedule (with submission of your senior and Data Effective Date: April 1, 2021 executive management data) will give Submission Due Date: May 14, 2021 you access to information on more than 80 executive positions across Publication Date: July 30, 2021 the top two layers of management from participating firms and over 500 public company proxy filings.

For questions or to enroll, call 508-460-9600 and ask for a survey team member. 3 Job Positions by Level

General Management Healthcare Not-for-Profit Chairman of the Board (not CEO) Chief Medical Officer (Hospital) Executive Director Chief Executive Officer Top Managed Care Direct Report to Executive Director, Chief Operating Officer Top Ambulatory Services not matched elsewhere Direct Report to CEO, Top Behavioral Health Top Development / Fundraising not matched elsewhere Top Nursing Top Foundation Regional President Top Patient Care Top Grants Chief Medical Officer (non-Hospital) Top Membership Administration Chief Scientific Officer Top Philanthropy Top Administration (without finance) Top Clinical Research Top Facilities, Real Estate, Top Drug Safety Operations Property Management Top Medical Affairs Top Operations Top Security Top Drug Discovery Direct Report to Top Operations, not matched elsewhere Communications Human Resources Top Logistics Top Communications Top Human Resources Top Manufacturing Direct Report to Top Communications, Direct Report to Top Human Top Project Management not matched elsewhere Resources, not matched elsewhere Top Quality Top Community Relations Top Compensation & Benefits Top Risk Management Top Investor Relations Top Diversity Top Supply Chain

Development / Planning Information Systems Research & Development Top Corporate Development Top Information Services Top Research and Development Top Strategic Planning / Direct Report to Top Information 2nd Level Research and Development Transformation Services, not matched elsewhere 3rd Level Research and Development Chief Technology Officer Direct Report to Top Research and Energy Top Architecture (Tech) Development, not matched elsewhere Top Drilling Top Cyber Security Laboratory Director Top Exploration and Production 2nd Level Laboratory Director Legal Head of Research Center Engineering and Construction Top Legal Counsel Top Research Top Construction Direct Report to Top Legal, 2nd Level Research Direct Report to Top Construction, not matched elsewhere 3rd Level Research not matched elsewhere Corporate Secretary Top Development Top Engineering 2nd Level Development Direct Report to Top Engineering, Marketing and Sales 3rd Level Development not matched elsewhere Top Marketing Fellow 2nd Level Engineering Direct Report to Top Marketing, Senior Fellow 3rd Level Engineering not matched elsewhere Top Sales Finance Direct Report to Top Sales, Top Financial (CFO) not matched elsewhere Direct Report to Top Financial (CFO), Top Marketing and Sales not matched elsewhere Controller TopFor questions Tax or to enroll, call 508-460-9600 and ask for a survey team member. 4 Treasurer Representative List of Survey Participants Pearl Meyer conducts over 35 annual compensation, custom and managed surveys each year working with a range of organizations from Fortune 500 to mid-and-small cap companies across a broad number of industries.

Survey Participants by Revenue

44.4%

Under $1B $1B to < $30B $30B or greater 9.0%

46.6%

700 organizations participated in our 2020 Executive Compensation and Benchmarking Survey, including:

3D Systems Corporation Akoustis Technologies, Inc. American International Group, Inc. Applied Materials, Inc. , Inc. American National Insurance Company Apyx Medical Corporation AbbVie Inc. Albany International Corp. American States Water Co ArcBest Corporation Abercrombie & Fitch Co. Aldeyra Therapeutics Inc American Superconductor Corporation Archer Daniels Midland Company Abraxas Petroleum Corporation Alexion Pharmaceuticals, Inc. American Woodmark Corporation Archrock Inc Acacia Communications, Inc. Allegiant Travel Company Ameriprise Financial, Inc. Argonne National Laboratory Acceleron Pharma, Inc. ALLETE Inc AmerisourceBergen Corporation Ashland Global Holdings Inc. ACCO Engineered Systems Inc Corporation, The Amerisure Mutual Insurance Company Assertio Therapeutics Acorda Therapeutics, Inc. Ally Financial Inc. Amgen Inc. Associated Capital Group, Inc. Activision Blizzard, Inc. Alpha & Omega Semiconductor Limited Andersons, Inc., The AT&T Inc. Adesto Technologies Corporation Altimmune, Inc. Andover Companies Athersys, Inc. ADMA Biologics, Inc. Altria Group, Inc. Antares Pharma Inc Atlas Air Worldwide Holdings, Inc. ADT Inc AMC Entertainment Holdings, Inc. Anterix Austin Industries AdvanSix Inc Amerant Bancorp Inc. Antero Resources Corporation AutoZone, Inc. Aerie Pharmaceuticals Inc Ameresco Anthem, Inc. Aviat Networks, Inc. AFLAC Incorporated Inc. Apache Corporation Avnet, Inc. Agenus Inc. American Eagle Outfitters, Inc. Apogee Enterprises, Inc. AXT, Inc. Agilysys, Inc. American Equity Investment Life Holding Apple Inc. B&G Foods, Inc. Airgain, Inc. Company Applied Industrial Technologies, Inc. Bancorp, Inc., The

Data was collected from both company submissions and through proxy filings from Main Data Group.

For questions or to enroll, call 508-460-9600 and ask for a survey team member. 5 Participating Companies

Bank of America Corporation Ceridian HCM Holding Inc. Darden Restaurants, Inc. Extraction Oil & Gas, Inc. Bank of New York Mellon Corporation CEVA, Inc. Data Analysis, Inc Falcon Minerals Corp Bank7 Corp. CGI Technologies and Solutions, Inc. Dell Technologies, Inc. Farmer Bros. Co. Barton Malow Builders ChannelAdvisor Corporation , Inc. FB Financial Corporation BCS Financial Corporation Chaparral Energy, Inc. Delta Apparel, Inc. Federal Aviation Administration Bechtel Global Corporation Charter Communications, Inc. Denny’s Corporation FedEx Corporation Benefytt Technologies, Inc. Chefs’ Warehouse, Inc., The Department of Energy’s Kansas City Fidelity D & D Bancorp, Inc. National Security Campus Berkshire Hathaway Inc. Cheniere Energy, Inc Fiesta Restaurant Group Inc Designer Brands Inc. Best Buy Co., Inc. Chesapeake Energy Corporation First Bancorp (NC) Devon Energy Corporation BEYOND MEAT, INC. Chesapeake Regional Medical Center First Capital, Inc. Diamond Offshore Drilling, Inc. BioCryst Pharmaceuticals, Inc. Zoological Society First Financial Corp Digi International, Inc. Biogen Inc Chuy’s Holdings, Inc. Flexion Therapeutics, Inc. Digimarc Corp. Black & Veatch Corporation Cinemark Holdings, Inc. Flowers Foods, Inc. Diodes Incorporated BlackRock, Inc. CIRCOR International, Inc. Fluor Marine Propulsion Disability Rights Advocates Bloomin’ Brands, Inc. Cirrus Logic, Inc. Fortive Corporation Services Blue Cross Blue Shield of Michigan, Inc. Cisco Systems, Inc. Forum Energy Technologies DISH Network Corporation bluebird bio, Inc. Citigroup Inc. Franklin Electric Co., Inc. DocuSign, Inc. BlueLinx Holdings Inc. Citizens, Inc. Freshpet, Inc. Dolby Laboratories, Inc. BMC Stock Holdings, Inc. Clearfield, Inc. FRP Holdings, Inc. Dollar General Corp. Boise Cascade Company CNA FTS International, Inc. Dollar Tree, Inc. Booz Allen Hamilton Inc. Cognex Corporation Gaia, Inc. Domino’s Pizza, Inc. BorgWarner Inc. Cognizant Technology Solutions Genco Shipping and Trading Limited Corporation Dorian LPG Ltd. Boston Beer Company, Inc., The General Electric Company Colas Draper Laboratory Bridgford Foods Corp. General Mills, Inc. Collectors Universe, Inc. DRS Technologies, Inc. Brigham Minerals, Inc. General Motors Company Colorado Trust, The DUDEK, Inc. Brightcove, Inc. Genesis HealthCare, Inc. Corporation Dunkin’ Brands Group, Inc. BrightView, Inc. Genuine Parts Company Communities Foundation of Texas DXP Enterprises, Inc. Brinker International, Inc. Geospace Technologies Corporation Community Trust Bancorp, Inc. Eagle Bulk Shipping Inc. Brink’s Company, The Gilbane, Inc. Commvault Systems, Inc. Earthstone Energy, Inc. Bristol-Myers Squibb Company Gilead Sciences, Inc. , Inc. Echo Global Logistics, Inc. Brookline Bancorp, Inc. Girl Scouts of Northeast Texas Concho Resources Inc. Editas Medicine Inc. Brown & Brown, Inc. Goldman Sachs Group, Inc., The Conduent eGain Corporation Builders FirstSource, Inc. Goodrich Petroleum Corporation Consolidated Nuclear Security, LLC eHealth, Inc. Bunge Limited GoodRx, Inc. Constellation Brands, Inc. El Pollo Loco Holdings, Inc. C.H. Robinson Worldwide, Inc. Google LLC Continental Resources, Inc. Emerson Electric Co. Cactus, Inc. Goosehead Insurance, Inc. Cook Inlet Tribal Council Encompass Health Corporation Calithera Biosciences, Inc. Granite Construction Inc. CopperPoint Insurance Companies Endo International plc Cal-Maine Foods, Inc. Great Lakes Dredge & Dock Corporation Core & Main Energous Corporation Greater Houston Community Foundation Core Laboratories L.P. EnerSys Capital One Financial Corporation Greene County Bancorp, Inc. Core-Mark Holding Company, Inc. EnPro Industries, Inc. Capstone Turbine Corporation Greenlane Holdings, Inc. Corinth Coca-Cola Bottling Works, Inc. Envestnet, Inc. Cardinal Health, Inc. Grid Dynamics International, Inc. CorVel Corporation EOG Resources, Inc. CareSource Management Group, Co. Inc. Group 1 Automotive, Inc. Costco Wholesale Corporation Epiq Carnival Corporation & Plc GSI Technology, Inc. Covenant Transportation Group, Inc. Epizyme, Inc. Carrols Restaurant Group, Inc. GTT Communications Inc Cracker Barrel Old Country Store, Inc. ePlus Inc. Cars.com Inc. Craft Brew Alliance, Inc. Era Group, Inc. Guidewire Software, Inc. Catalent, Inc. Crawford & Company Erie Indemnity Company Gulfport Energy Corp Catasys, Inc. Cross Country Healthcare, Inc. Esquire Financial Holdings, Inc. Habit Restaurants, Inc., The Celsius Holdings, Inc. CSX Corporation Evolution Petroleum Corp Haemonetics Corporation Cenikor Foundation Cullman Regional Expedia Group, Inc. Hain Celestial Group, Inc., The Centene Corporation CVS Health Corporation of Washington, Halliburton Company CenturyLink, Inc. Cyclerion Therapeutics, Inc. Inc. Hallmark Financial Services, Inc.

Data was collected from both company submissions and through proxy filings from Main Data Group.

For questions or to enroll, call 508-460-9600 and ask for a survey team member. 6 Halozyme Therapeutics, Inc. INTL FCStone Inc. LendingClub Corporation Monotype Imaging, Inc. Hanesbrands Inc. Intuit Inc. Lennox International Inc. Monster Beverage Corporation Hartford Financial Services Group, Inc., IQVIA Holdings Inc. Life Biosciences Morgan Stanley The iRobot Corporation Lifetime Brands, Inc. MRC Global Inc. Hawaiian Holdings, Inc. Iteris, Inc. Lincoln National Corporation MSC Industrial Direct Co., Inc. Hawkins, Inc. J & J Snack Foods Corp. Lindblad Expeditions Holdings Inc. Mutual of Omaha Insurance Company, Inc. HCA Healthcare, Inc. J. Alexander’s Holdings, Inc. LivePerson, Inc. Mylan N.V. HCI Group, Inc. J. M. Smucker Company, The LKQ Corporation Myriad Genetics, Inc. HD Supply, Inc. J.B. Hunt Transport Services, Inc. Lockheed Martin Corporation NAPCO Security Technologies, Inc. HDR, Inc. J2 Global Inc Los Alamos National Laboratory Nathan’s Famous, Inc. Health Care Service Corporation Jabil Inc. Los Angeles Jewish Home National Bank Holdings Corporation Health Plan of San Mateo Jacobs Engineering Group Inc. Lumber Liquidators Holdings, Inc. National Beverage Corp. Heartland Express, Inc. JE Dunn Construction Group Lumentum Holdings Inc. National General Holdings Corp. Heidrick & Struggles International, Inc. Jefferies Financial Group Inc. M. A. Mortenson Companies, Inc. National Instruments Corporation Heritage Insurance Holdings, Inc. Jet Propulsion Laboratory M/I Homes Inc National Research Corporation Herman Miller JetBlue Airways Corporation Macquarie Infrastructure Corp National WWII Museum Hershey Company, The John B. Sanfilippo & Son, Inc. Macy’s, Inc. Natural Gas Services Group, Inc. Heska Corporation Johns Hopkins University Applied Physics MainStreet Bancshares, Inc. NCS Multistage Holdings, Inc. Hewlett Packard Enterprise Company Laboratory Malvern Bancorp, Inc. NEC Corporation of America HF Foods Group Inc Johnson & Johnson Mammoth Energy Services Netflix, Inc. Hi-Crush Proppants Johnson Outdoors, Inc. MannKind Corporation Netgear, Inc. Highground Advisors JPS Health Network ManpowerGroup Inc. Neurocrine Biosciences, Inc. Hilltop Holdings, Inc. Kansas City Southern Marathon Oil Corporation New Age Beverages Corporation Hilton Grand Vacations Inc KAR Auction Services, Inc. Markel Corporation NI Holdings, Inc. HNTB Corporation Karyopharm Therapeutics, Inc. Marriott International, Inc. Nintendo of America, Inc. Hochheim Prairie Insurance Kellogg Company Marten Transport, Ltd. NMI Holdings, Inc. Hologic, Inc. Kemper Corporation Mastercard Incorporated Noble Energy, Inc. Horace Mann Educators Corporation Keurig Dr. Pepper Inc. Matador Resources Company Noodles & Company Hormel Foods Corporation Kewaunee Scientific Corporation Matson, Inc. Norfolk Southern Corporation Hostess Brands, Inc. Keysight Technologies MBIA Inc. Northern Oil & Gas, Inc. HP Inc. Kimball Electronics, Inc. McCormick & Company, Incorporated Novavax, Inc. Hub Group, Inc. Kimley-Horn McDermott, Inc. Nu Skin Enterprises, Inc Humana Inc. Kinsale Capital Group, Inc. Medallion Financial Corp NVE Corporation IBM Corporation Kirby Corporation Medical Associates NVIDIA Corporation Idera Pharmaceuticals Inc Knight-Swift Transportation Holdings Inc Medifast, Inc. Oak Ridge National Laboratory UT- IDEXX Laboratories, Inc. Company, The Memorial Park Conservancy Battelle, LLC Imara, Inc. Kroger Co., The Merck & Co., Inc. Oasis Petroleum Inc. Immersion Corporation Kronos Bio Merit Medical Systems, Inc. Occidental Petroleum Corporation Independence Contract Drilling, Inc. Kura Sushi USA, Inc. Meritage Homes Corporation Ocean Exploration Trust Independence Holding Company L Brands, Inc. Mersana Therapeutics OceanFirst Financial Corporation Ingevity L.A. Care Health Plan MetLife, Inc. Okay Industries Ingles Markets, Incorporated L.B. Foster Company MGIC Investment Corporation Old Republic International Corporation Inc LabCentral, Inc. MGP Ingredients, Inc Olympic Steel, Inc. Innoviva, Inc. Lakeland Bancorp, Inc. Micron Technology, Inc. Omeros Corporation Inogen, Inc. Lamb Weston Holdings Inc. Microsoft Corporation Omnicom Group, Inc. Insteel Industries Lancaster Colony Corporation Midland States Bancorp, Inc. OptimizeRx Institute for Defense Analyses Lantheus Medical Imaging Mission Produce, Inc. Oracle Corporation Integer Holdings Corp Laredo Petroleum Inc. Mitek Systems, Inc. Organogenesis Holdings Inc. Intellia Therapeutics Inc. Lawrence Berkeley National Laboratory MKS Instruments, Inc. OSI Systems, Inc. Intelligent Systems Corporation Lawrence General Hospital Inc. Molina Healthcare, Inc. Osmotica Pharmaceutical Corporation Intelsat US LLC Lawrence Livermore National Laboratory Molson Coors Brewing Company Overseas Shipholding Group, Inc. International Seaways, Inc. Lawson Products, Inc. Inc. P.A.M. Transportation Services, Inc

Data was collected from both company submissions and through proxy filings from Main Data Group.

For questions or to enroll, call 508-460-9600 and ask for a survey team member. 7 Pacific Biosciences of California, Inc. Reliance Steel & Aluminum Co. Standard Motor Products, Inc. U.S. Bancorp Palatin Technologies, Inc. Renasant Corporation Star of Hope UC Health Palomar Holdings, Inc. Repligen Corporation Starbucks Corporation Ultra Clean Holdings, Inc. Panhandle Oil & Gas Inc. Replimune Inc. State Auto Financial Corporation Union Bankshares, Inc. Par Pacific Holdings, Inc. Republic Bancorp, Inc. State Street Corporation Union Pacific Corporation PAR Technology Corp. Republic Services, Inc. Steel Dynamics, Inc. , Inc. Park Aerospace Corp resTORbio Stewart Information Services Corporation United Community Financial Corp Parsley Energy, Inc. RH Strongbridge Biopharma plc United Security Bancshares Parsons Corporation Ricoh Americas Corporation Sundt UnitedHealth Group Incorporated Patterson Companies, Inc. Ring Energy, Inc. SunOpta, Inc. Universal Health Services, Inc. PayPal Holdings, Inc. RingCentral, Inc. Swedish Covenant Hospital University Corporation for Atmospheric Paysign, Inc. Rite Aid Corporation Sykes Enterprises Research (UCAR) PDC Energy, Inc. RLI Corp. Synalloy Corporation Unum Group PDL Biopharma, Inc. Roadrunner Transportation Systems, Inc. Synchrony Financial , Inc. PDL Community Bancorp Royal Caribbean Cruises Ltd. SYNNEX Corporation US Foods Holding Corp. Penske Automotive Group, Inc. RPC, Inc. Sysco Corporation US Well Services Performance Food Group Company Holding Corporation Tailored Brands Inc. USAA PerkinElmer, Inc. S&T Bancorp, Inc. Target Corporation Valhi, Inc Personal-Touch Home Care Sally Beauty Holdings, Inc. Tech Data Corporation Value Line, Inc. Perspecta Inc. Samsung Electronics America Telaria, Inc. Vector Group Ltd. PetIQ, Inc. Sanderson Farms, Inc. Tellurian Inc. Veritiv Corporation PetMed Express, Inc. Sandia National Laboratories Tenet Healthcare Corporation Verra Mobility Corp. Pfizer Inc. ScanSource, Inc. Tennant Company Vertex Pharmaceuticals, Inc. Philip Morris International, Inc. Schlumberger Limited TESSCO Technologies Incorporated Viemed Healthcare, Inc. Pilgrim’s Pride Corporation Schnitzer Steel Industries, Inc. Texas Presbyterian Foundation Vince Holding Corp. Pioneer Natural Resources Company Seacoast Banking Corp of Florida TFS Financial Corporation Visa Inc. PLH Group Seacor Holdings Inc. The Aerospace Corporation Volt Information Sciences, Inc. PNC Financial Services Group, Inc., The SEACOR Marine Holdings Inc The Applied Research Laboratory at PSU W. W. Grainger, Inc. PolarityTE, Inc. Select Energy Services, Inc. The Holdsworth Center Waitr Holdings Inc. Pool Corporation Selective Insurance Group, Inc. The Home Depot Inc. Boots Alliance, Inc. Post Holdings, Inc. Seneca Foods Corporation The MITRE Corporation Watsco, Inc. PRA Health Sciences, Inc. Seres Therapeutics, Inc. The Travelers Companies Weis Markets, Inc. PriceSmart, Inc. ServiceMaster Global Holdings, Inc. Thermo Fisher Scientific, Inc. Weiss Family Properties PRIMEENERGY RESOURCES CORP ServisFirst Bancshares, Inc. Thermon Group Holdings, Inc. Wellmark, Inc. Primerica, Inc. Shake Shack Inc. Tidewater Inc. Wells Fargo & Company Princeton Plasma Physics Laboratory SharpSpring, Inc. Tiedemann Advisors Werner Enterprises, Inc. Principal Financial Group, Inc. ShotSpotter, Inc. Titan Medical Inc. Western Digital Corporation ProAssurance Corporation Siebert Financial Corp. TJX Companies, Inc., The Weyco Group, Inc. Progressive Corporation, The Silicon Laboratories Inc. T-Mobile USA Inc. Whirlpool Corporation Promega Corporation SilverBow Resources, Inc. Tocagen Inc. Proofpoint, Inc. Simulations Plus, Inc. Tompkins Financial Corporation White Mountains Insurance Group, Ltd. ProPetro Holding Corp. Six Flags Entertainment Corp. , Inc. Willis Lease Finance Corporation Protagonist Therapeutics, Inc. Skagit Regional Health Tractor Supply Company WillScot Corporation Prudential Bancorp, Inc. of Pennsylvania SkyWest, Inc. Trecora Resources Wingstop Inc. Prudential Financial Inc. SLAC National Accelerator Laboratory Tredegar Corporation Winmark Corp PTC Inc SMART Global Holdings, Inc. TreeHouse Foods, Inc. WisdomTree Investments, Inc. Publix Super Markets, Inc. Sonos, Inc. TriCo Bancshares World Fuel Services Corporation Qualcomm Incorporated South Jersey Industries Trident Seafoods Corporation WSP Inc. Co. Triple-S Management Corporation XPO Logistics, Inc. Radiant Logistics, Inc. Southwest Research Institute Triumph Bancorp, Inc. YUM! Brands, Inc. Radnet Inc. Southwestern Energy Company Trupanion, Inc. Zachry Industrial Inc. RCI Hospitality Holdings, Inc. Spirit Airlines, Inc. Trustmark Corporation Zix Corporation Recology SPX Corporation Tyme Technologies, Inc. Zoetis Inc. Reeds, Inc. SPX FLOW, Inc. Tyson Foods, Inc.

Data was collected from both company submissions and through proxy filings from Main Data Group.

For questions or to enroll, call 508-460-9600 and ask for a survey team member. 8 Dedicated Team of Account Managers

Rebecca Toman Vice President, Survey Business Unit

Matt Dunbar Rhonda Snyder Jordan Gagnon Andrew Guigno Associate Account Executive Assistant/ Senior Survey Survey Project Manager Account Manager Account Manager Manager

Precious Wolo Dan Besser Alexis Griswold Todd Carter Senior Survey Survey Account Associate Account Associate Account Account Manager Manager Manager Manager

For questions or to enroll, call 508-460-9600 and ask for a survey team member. 9 Streamlined, Secure Client Portal Pearl Meyer clients have unlimited access to online reporting tools that help provide quick and easy access to customize your data.

For questions or to enroll, call 508-460-9600 and ask for a survey team member. 10 Contact Us To learn more about our 2021 Executive Compensation and Benchmarking Survey or to enroll, please reach us: By email: [email protected] By phone: 508-460-9600 Or contact Rebecca Toman, Vice President, Survey Business Unit [email protected]; 508-630-1475

For questions or to enroll, call 508-460-9600 and ask for a survey team member. 11 About Pearl Meyer Pearl Meyer is the leading advisor to boards and senior management on the alignment of executive compensation with business and leadership strategy, making pay programs a powerful catalyst for value creation and competitive advantage. Pearl Meyer’s global clients stand at the forefront of their industries and range from emerging high-growth, not-for-profit, and private companies to the Fortune 500 and FTSE 350. The firm has offices in Atlanta, Baltimore, Boston, Charlotte, Chicago, Houston, London, Los Angeles, New York, Raleigh, and San Jose. For more information, visit www.pearlmeyer.com About Main Data Group Main Data Group is a provider of executive compensation benchmarking and corporate governance analytics. Its mission is to empower executive compensation professionals with comprehensive total rewards and corporate governance information in an affordable, easy-to-use online service. For more information, visit www.maindatagroup.com Locations

ATLANTA LONDON (770) 261-4080 +44 (0)20 3384 6711 [email protected] [email protected]

BALTIMORE LOS ANGELES (410) 494-4100 (213) 438-6500 [email protected] [email protected]

BOSTON NEW YORK (508) 460-9600 (212) 644-2300 [email protected] [email protected]

CHARLOTTE RALEIGH (704) 844-6626 (919) 644-6962 [email protected] [email protected]

CHICAGO SAN JOSE (312) 242-3050 (669) 800-5074 [email protected] [email protected]

HOUSTON (713) 568-2200 [email protected]

For more information on Pearl Meyer, visit us at www.pearlmeyer.com or contact us at (212) 644-2300. www.pearlmeyer.com ©2021 Pearl Meyer & Partners, LLC. All Rights Reserved.