Jbt Marel Corporation · NYSE:JBTM
Jbt Marel — Shareholder Meeting (2025)
11 slides from Jbt Marel's shareholder meeting presentation, 2025
Slide 1: Overview of JBT Marel Annual Stockholder Meeting
Overview of JBT Marel Annual Stockholder Meeting
Slide 2: Annual Stockholder Meeting Overview
ANNUAL STOCKHOLDER MEETING OVERVIEW ▪ JBT Marel Corporation’s annual stockholder meeting will be held on Thursday, May 15 at 9:30 AM CT / 14:30 GMT ▪ Meeting will be conducted virtually via webcast at www.virtualshareholdermeeting.com/JBTM2025 ▪ Stockholders wishing to vote shares listed on Nasdaq I
Slide 3: Annual Stockholder Meeting Proposals
ANNUAL STOCKHOLDER MEETING PROPOSALS Proposal 1 – Board of Proposal 3 – Auditor Proposal 2 – Say on Director Re-Elections Reappointment Pay ▪ One-year term elections for Alan D. ▪ Structured named executive officer ▪ Audit Committee has sole authority to Feldman, Lawrence V. Jackson, and Ann E. comp
Slide 4: Importance of Proxy Advisors in Voting
IMPORTANCE OF PROXY ADVISORS IN VOTING ▪ Institutional Shareholder Services (ISS) and Glass Lewis provide proxy statement proposal analysis to their institutional shareholder clients to bolster the performance of their fiduciary obligations ▪ ISS and Glass Lewis voting recommendations are influentia
Slide 5: Board of Directors with Deep Expertise
BOARD OF DIRECTORS WITH DEEP EXPERTISE Alan D. Feldman Dr. Olafur S. Gudmundsson Independent Board Chair, JBT Marel Corporation and former Board Chairman, Former member of the Marel Board and current head of Discovery Pharmaceutics President and CEO of Midas, Inc. and Analytical Sciences of Bristol
Slide 6: JBT Marel Board of Directors Overview & Priorities
JBT MAREL BOARD OF DIRECTORS OVERVIEW & PRIORITIES JBT Marel Board Highlights JBT Marel Key Board Priorities ▪ All directors are independent except CEO (90%) ▪ Implementing staggered de-classified Board structure based Maintain a strong corporate governance structure, on feedback from stockholders i
Slide 7: Advancing Our ESG Strategy
ADVANCING OUR ESG STRATEGY ▪ Greatest opportunity to support a sustainable food supply chain and transform the future of food comes from the combined scale of JBT Marel solutions ▪ Our leading solutions lower food waste, improve food safety & traceability, increase production yields & efficiency, an
Slide 8: Executive Compensation Setting Is Comprehensive & Aligns Pay-for-Performance with Strategy Execution
EXECUTIVE COMPENSATION SETTING IS COMPREHENSIVE & ALIGNS PAY-FOR-PERFORMANCE WITH STRATEGY EXECUTION Compensation Core Principles Multi-Step Compensation Setting Process Business Strategy Alignment Supports business strategy by holding executive officers Ongoing engagement with our stockholders via
Slide 9: Executive Compensation Program / Practices Are Based on Industry Best Practices
EXECUTIVE COMPENSATION PROGRAM / PRACTICES ARE BASED ON INDUSTRY BEST PRACTICES What We Do: Executive Compensation What We Do Not Do: Executive Compensation ✓High percent of compensation tied to performance with competitive caps on all Make payouts when financial metrics are below threshold perfor
Slide 10: 2024 CEO and Other Named Executive Officers (NEO) Compensation Structure
2024 CEO AND OTHER NAMED EXECUTIVE OFFICERS (NEO) COMPENSATION STRUCTURE Fixe 16% - Base Salary d1 6 ▪ Fixed cash component % Base Salary Time-Based 16% 17% - Annual Management Incentive Plan (MIP) LTIP 27% ▪ Variable cash bonus payments (% of salary) CEO Compensation Performance Based ▪ Payouts bas
Slide 11: Recap: Annual Stockholder Meeting Proposals
RECAP: ANNUAL STOCKHOLDER MEETING PROPOSALS Proposal 1 – Board of Proposal 3 – Auditor Proposal 2 – Say on Director Re-Elections Reappointment Pay ▪ One-year term elections for Alan D. ▪ Structured named executive officer ▪ Audit Committee has sole authority to Feldman, Lawrence V. Jackson, and Ann