0000057515 2025-07-01 2026-06-30 0000057515 2024-07-01 2025-06-30 0000057515 2023-07-01 2024-06-30 0000057515 2022-07-01 2023-06-30 0000057515 2021-07-01 2022-06-30 0000057515 1 2025-07-01 2026-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-07-01 2026-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-07-01 2025-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-07-01 2024-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2022-07-01 2023-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2021-07-01 2022-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-07-01 2026-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-07-01 2025-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-07-01 2024-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2022-07-01 2023-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2021-07-01 2022-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-07-01 2026-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-07-01 2025-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-07-01 2024-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2022-07-01 2023-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2021-07-01 2022-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2025-07-01 2026-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2024-07-01 2025-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2023-07-01 2024-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2022-07-01 2023-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2021-07-01 2022-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-07-01 2026-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-07-01 2025-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-07-01 2024-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2022-07-01 2023-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2021-07-01 2022-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2025-07-01 2026-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2024-07-01 2025-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2023-07-01 2024-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2022-07-01 2023-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2021-07-01 2022-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2025-07-01 2026-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2024-07-01 2025-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2023-07-01 2024-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2022-07-01 2023-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2021-07-01 2022-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-07-01 2026-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-07-01 2025-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2022-07-01 2023-06-30 0000057515 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2021-07-01 2022-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-07-01 2026-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-07-01 2025-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2022-07-01 2023-06-30 0000057515 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2021-07-01 2022-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-07-01 2026-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-07-01 2025-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2022-07-01 2023-06-30 0000057515 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2021-07-01 2022-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-07-01 2026-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-07-01 2025-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2022-07-01 2023-06-30 0000057515 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2021-07-01 2022-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-07-01 2026-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-07-01 2025-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2022-07-01 2023-06-30 0000057515 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2021-07-01 2022-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2025-07-01 2026-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2024-07-01 2025-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2022-07-01 2023-06-30 0000057515 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2021-07-01 2022-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2025-07-01 2026-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2024-07-01 2025-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2022-07-01 2023-06-30 0000057515 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2021-07-01 2022-06-30 0000057515 2 2025-07-01 2026-06-30 0000057515 3 2025-07-01 2026-06-30 iso4217:USD 0000057515 DEF 14A false THE MARZETTI COMPANY true <div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.809%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.809%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.809%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.809%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.415%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.415%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.051%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.051%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.410%"></td><td style="width:0.1%"></td></tr><tr style="height:23pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="4" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">Fiscal Year</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Summary Compensation Table Total for PEO (1)</div></td><td colspan="3" rowspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Compensation Actually Paid to PEO (1)(2)</div></td><td colspan="3" rowspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Average Summary Compensation Table Total for non-PEO NEOs (1)</div></td><td colspan="3" rowspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Average Compensation Actually Paid to non-PEO NEOs (1)(2)</div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom">VALUE OF INITIAL FIXED $100 INVESTMENT BASED ON:</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">Net Income ($ millions)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Adjusted Operating Income (5)</div><div style="text-align:right">($ millions)</div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:51pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #a6cf47;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Total Shareholder Return(3)</div></td><td colspan="3" style="border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #a6cf47;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Peer Group Total Shareholder Return (3)(4)</div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">(a)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">(b)</td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">(c)</td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">(d)</td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">(e)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">(f)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">(g)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">(h)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">(i)</td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:middle">2026</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,743,331 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">2,147,440 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,579,013 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">958,245 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">65.62 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">86.95 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">191.6 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">237.9 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle">2025</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,378,360 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">4,160,095 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,666,400 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,324,998 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">96.69 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">98.01 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">167.3 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">229.2 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,415,614 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,730,426 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,547,110 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,586,292 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">103.58 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">101.58 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">158.6 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">214.2 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,029,587 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">10,313,627 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,330,339 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,877,397 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">108.05 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">113.45 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">111.3 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">196.3 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle">2022</td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">3,744,293 </td><td style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(244,743)</td><td style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,091,836 </td><td style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">420,274 </td><td style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">67.99 </td><td style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">106.29 </td><td style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">89.6 </td><td style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">177.6 </td><td style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:0 1pt"></td></tr></table></div> 5743331 2147440 1579013 958245 65.62 86.95

191600000

237900000 5378360 4160095 1666400 1324998 96.69 98.01

167300000

229200000 5415614 5730426 1547110 1586292 103.58 101.58

158600000

214200000 5029587 10313627 1330339 1877397 108.05 113.45

111300000

196300000 3744293 -244743 1091836 420274 67.99 106.29

89600000

177600000 Mr. Ciesinski served as our principal executive officer (“PEO”) for the full fiscal year in 2026, 2025, 2024, 2023 and 2022. Our non-PEO NEOs included: (a) for fiscal year 2026, Messrs. Pigott and Viso along with Mses. Berman and Bird; (b) for fiscal year 2025, Messrs. Pigott, Stealey and Viso along with Mses. Berman and Bird; (c) for fiscal year 2024, Messrs. Pigott, Stealey and Viso and Ms. Bird; (d) for fiscal year 2023, Messrs. Pigott, Stealey, Nagle and Viso and Ms. Bird and (e) for fiscal year 2022, Messrs. Pigott, Stealey and Nagle and Ms. Bird. Mr. Ciesinski Amounts reported in these columns represent the compensation actually paid (“CAP”) after the applicable adjustments were made to the amounts reported in the Summary Compensation Table (“SCT”) for the applicable year. The applicable adjustments shown in the reconciliation tables below were deducted from / added to Summary Compensation Table total compensation in accordance with the SEC-mandated adjustments to calculate CAP to our PEO and average CAP to our non-PEO NEOs. The fair value of equity awards was determined using methodologies and assumptions developed in a manner substantively consistent with those used to determine the grant date fair value of such awards. No pension adjustments were made because we do not provide defined benefit pension arrangements for our NEOs. The Peer Group for which Total Shareholder Return is provided in column (g) is the S&P Composite 1500 Packaged Foods & Meats Index. Adjusted Operating Income is a non-GAAP financial measure defined as operating income as reported under U.S. GAAP, adjusted to exclude the following items affecting comparability, which can impact the analysis of our underlying core business performance and trends: (a) for fiscal year 2026, incremental SG&A expenses attributed to the Bachan’s acquisition; restructuring, impairment and other, net; and Bachan’s operating loss; (b) for fiscal year 2025, restructuring and impairment charges and acquisition SG&A expenses; (c) for fiscal year 2024, restructuring and impairment charges; (d) for fiscal year 2023, impairment charges and Project Ascent expenses; and (e) for fiscal year 2022, changes in contingent consideration, restructuring and impairment charges, Project Ascent expenses and the impact of our ERP go-live which resulted in “pull-forward” sales from fiscal 2023 to fiscal 2022. Adjusted Operating Income <div style="margin-bottom:6pt;margin-top:15pt">PEO SCT Total to CAP Reconciliation</div><div style="margin-bottom:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.445%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.411%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">Fiscal Year</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2026</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2025</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2024</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2023</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2022</td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:middle">SCT total</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,743,331 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,378,360 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,415,614 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,029,587 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">3,744,293 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">- Grant date fair value of stock awards granted in fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(3,500,074)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(3,000,112)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(2,850,173)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(2,599,848)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(2,299,929)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">+ Fair value at fiscal year-end of outstanding and unvested stock awards granted in fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,963,791 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">2,700,067 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">3,021,703 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">3,795,836 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,284,332 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">± Change in fair value of outstanding and unvested stock awards granted in prior fiscal years</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(2,316,690)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(1,159,500)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">80,059 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">2,470,478 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(2,070,931)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">± Fair value at vesting of stock awards granted in fiscal year that vested during fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">± Change in fair value as of vesting date of stock awards granted in prior fiscal years for which applicable vesting conditions were satisfied during fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">155,008 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">130,844 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(43,643)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,553,892 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(922,243)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">- Fair value as of prior fiscal year-end of stock awards granted in prior fiscal years that failed to meet applicable vesting conditions during fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">+ Dividends or other earnings paid on stock awards in the fiscal year prior to the vesting date that are not otherwise included in the total compensation for the fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">102,074 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">110,436 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">106,866 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">63,682 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">19,735 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt;text-align:left;vertical-align:middle">Compensation Actually Paid</td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">2,147,440 </td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">4,160,095 </td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">5,730,426 </td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">10,313,627 </td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(244,743)</td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td></tr></table></div> 5743331 5378360 5415614 5029587 3744293 -3500074 -3000112 -2850173 -2599848 -2299929 1963791 2700067 3021703 3795836 1284332 -2316690 -1159500 80059 2470478 -2070931 0 0 0 0 0 155008 130844 -43643 1553892 -922243 0 0 0 0 0 102074 110436 106866 63682 19735 2147440 4160095 5730426 10313627 -244743 <div style="margin-bottom:6pt;margin-top:15pt">Non-PEO NEO Average SCT Total to Average CAP Reconciliation</div><div style="margin-bottom:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.142%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.563%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">Fiscal Year</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2026</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2025</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2024</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2023</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">2022</td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom">($)</td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:middle">SCT Total</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,579,013 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,666,400 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,547,110 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,330,339 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,091,836 </td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">- Grant date fair value of stock awards granted in fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(600,098)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(549,936)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(477,488)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(395,995)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(404,890)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">+ Fair value at fiscal year-end of outstanding and unvested stock awards granted in fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">336,697 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">418,061 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">506,223 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">454,662 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">226,099 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">± Change in fair value of outstanding and unvested stock awards granted in prior fiscal years</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(363,148)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(108,570)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">437 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">267,012 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(338,416)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">± Fair value at vesting of stock awards granted in fiscal year that vested during fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">± Change in fair value as of vesting date of stock awards granted in prior fiscal years for which applicable vesting conditions were satisfied during fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(10,973)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(11,133)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(5,209)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">230,943 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(157,829)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">- Fair value as of prior fiscal year-end of stock awards granted in prior fiscal years that failed to meet applicable vesting conditions during fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(98,429)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">(16,254)</td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">— </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:middle">+ Dividends or other earnings paid on stock awards in the fiscal year prior to the vesting date that are not otherwise included in the total compensation for the fiscal year</td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">16,754 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">8,605 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">15,219 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">6,690 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">3,474 </td><td style="border-top:0.25pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-top:0.25pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#f6faed;border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="3" style="background-color:#f6faed;border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt;text-align:left;vertical-align:middle">Average Compensation Actually Paid</td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">958,245 </td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,324,998 </td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,586,292 </td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">1,877,397 </td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle">420,274 </td><td style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:1pt solid #a6cf47;padding:0 1pt"></td></tr></table></div> 1579013 1666400 1547110 1330339 1091836 -600098 -549936 -477488 -395995 -404890 336697 418061 506223 454662 226099 -363148 -108570 437 267012 -338416 0 0 0 0 0 -10973 -11133 -5209 230943 -157829 0 -98429 0 -16254 0 16754 8605 15219 6690 3474 958245 1324998 1586292 1877397 420274 <div style="margin-bottom:9pt">The chart below illustrates the relationship between the PEO and average Non-PEO CAP amounts and the Corporation’s and Peer Group’s TSR during fiscal years 2022-2026. TSR results assume an initial $100 investment on June 30, 2021.</div><div style="margin-bottom:9pt;text-align:center"><img alt="3459" id="i-17" src="mzti-20261007_g16.jpg" style="height:316px;margin-bottom:5pt;vertical-align:text-bottom;width:613px"/></div> <div style="margin-bottom:9pt">The chart below illustrates the relationship between the PEO and average Non-PEO CAP amounts and the Corporation’s and Peer Group’s TSR during fiscal years 2022-2026. TSR results assume an initial $100 investment on June 30, 2021.</div><div style="margin-bottom:9pt;text-align:center"><img alt="3459" id="i-17" src="mzti-20261007_g16.jpg" style="height:316px;margin-bottom:5pt;vertical-align:text-bottom;width:613px"/></div> <div style="margin-bottom:9pt">The charts below illustrate the relationship between the PEO and Non-PEO CAP amounts and the Corporation’s Net Income and Adjusted Operating Income during fiscal years 2022-2026.</div><div style="margin-bottom:9pt;text-align:center"><img alt="3638" id="i-18" src="mzti-20261007_g17.jpg" style="height:316px;margin-bottom:5pt;vertical-align:text-bottom;width:613px"/></div> <div style="margin-bottom:9pt;text-align:center"><img alt="3640" id="i-19" src="mzti-20261007_g18.jpg" style="height:316px;margin-bottom:5pt;vertical-align:text-bottom;width:613px"/></div> <div style="margin-bottom:9pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:31.060%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top">Most Important Performance Measures</td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="padding-left:22.5pt;text-indent:-13.5pt">•Adjusted Operating Income</div></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="padding-left:22.5pt;text-indent:-13.5pt">•Adjusted Net Sales</div></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #a6cf47;border-top:0.25pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="padding-left:22.5pt;text-indent:-13.5pt">•Relative TSR</div></td></tr></table></div> •Adjusted Operating Income •Adjusted Net Sales •Relative TSR <div style="margin-bottom:9pt">The Board, at the recommendation of the Compensation Committee, approves all equity award grants to our NEOs on or before the grant date. The Compensation Committee’s general practice is to complete its annual executive compensation review and determine performance goals and target compensation for our NEOs, following which they make a recommendation to the Board, which in turn reviews the recommendation and approves equity awards for our NEOs. Accordingly, annual equity awards are typically determined at the first Compensation Committee meeting of the fiscal year and reviewed and approved at the first Board meeting of the fiscal year. These grants are then made effective shortly after the date of filing of the Corporation’s Form 10-K for its prior fiscal year. On occasion, the Board may, at the recommendation of the Compensation Committee, grant equity awards outside of our annual grant cycle for new hires, promotions, recognition, retention or other purposes. While the Board has discretionary authority to grant equity awards to our NEOs outside of the cycle described above, neither the Board nor the Compensation Committee take into account material non-public information when determining the timing or terms of equity awards, nor do they time disclosure of material non-public information for the purpose of affecting the value of executive compensation. </div><div style="margin-bottom:9pt">During fiscal 2026, the Corporation did not grant stock options (or similar awards) to any NEO during any period beginning four business days before and ending one business day after the filing of any Corporation periodic report on Form 10-Q or Form 10-K, or the filing or furnishing of any Corporation Form 8-K that disclosed any material non-public information.</div> The Board, at the recommendation of the Compensation Committee, approves all equity award grants to our NEOs on or before the grant date. The Compensation Committee’s general practice is to complete its annual executive compensation review and determine performance goals and target compensation for our NEOs, following which they make a recommendation to the Board, which in turn reviews the recommendation and approves equity awards for our NEOs. Accordingly, annual equity awards are typically determined at the first Compensation Committee meeting of the fiscal year and reviewed and approved at the first Board meeting of the fiscal year. These grants are then made effective shortly after the date of filing of the Corporation’s Form 10-K for its prior fiscal year. On occasion, the Board may, at the recommendation of the Compensation Committee, grant equity awards outside of our annual grant cycle for new hires, promotions, recognition, retention or other purposes. While the Board has discretionary authority to grant equity awards to our NEOs outside of the cycle described above, neither the Board nor the Compensation Committee take into account material non-public information when determining the timing or terms of equity awards, nor do they time disclosure of material non-public information for the purpose of affecting the value of executive compensation. true While the Board has discretionary authority to grant equity awards to our NEOs outside of the cycle described above, neither the Board nor the Compensation Committee take into account material non-public information when determining the timing or terms of equity awards false false