Darcy H. Davenport

President and Chief Executive Officer at BELLRING BRANDS

Board

Since September 2019

Age

51 years

Education

Earned an undergraduate degree from Princeton University and an MBA from New York University's Leonard N. Stern School of Business.

Tenure

Started serving as President and Chief Executive Officer in September 2019 and joined the Board of Directors following the IPO.

Also at BELLRING BRANDS

PAR

Paul A. Rode

Chief Financial Officer

CLR

Craig L. Rosenthal

Chief Legal Officer, Chief Compliance Officer, and Secretary

DJC

Douglas J. Cornille

Chief Growth Officer of Premier Nutrition

About

Darcy H. Davenport is the President and Chief Executive Officer of BellRing Brands (BRBR), holding the role since September 2019.

With a deep background in the nutrition and consumer goods sectors, she progressed through several leadership positions, including roles as Director of Brand Marketing at Joint Juice, Inc. and later as Vice President of Marketing, General Manager, and President at Premier Nutrition.

Her career reflects significant contributions in strategic business development and operational leadership, which have been recognized through her appointment as a Board Member following BRBR’s IPO.

In addition to her executive duties, she has served on the Board of Directors of other companies, enhancing her expertise and influence in the industry.

$BRBR Performance Under Darcy H. Davenport

Past Roles

Organization	Role	Date Range	Details
BellRing Brands, Inc.	President, Post's Active Nutrition Business	October 2017 - October 2019	Served until the IPO completion.
BellRing Brands, Inc.	President, Premier Nutrition	November 2016 - October 2019	Premier Nutrition became a subsidiary upon the IPO.
BellRing Brands, Inc.	General Manager, Premier Nutrition	October 2014 - November 2016	N/A
BellRing Brands, Inc.	Vice President of Marketing, Premier Nutrition	October 2011 - October 2014	N/A
Joint Juice, Inc.	Director of Brand Marketing	May 2009 - October 2011	The company later combined with Premier Nutrition in October 2011.

External Roles

Organization	Role	Date Range	Details
Blentech Corporation	Member of the Board of Directors	Since January 2010	Focuses on custom-made food processing solutions including equipment, integrated systems, and software.

Fixed Compensation

Data from FY 2024

Component Name	Amount (USD)	Payment Schedule	Additional Details
Salary	$750,000	Annual	N/A
Non-Qualified Deferred Compensation Earnings	$144,511	Annual	N/A
All Other Compensation	$101,094	Annual	Includes: Matching Contributions: $20,700, Life Insurance Premiums: $1,058, Personal Use of Aircraft: $78,834, Miscellaneous: $502

Performance Compensation

Data from FY 2024

Stock Awards (RSUs and PRSUs)

Metric	Details
Performance Metric	3-year cumulative TSR relative to Russell 3000 Food Products companies
Performance Period	October 1, 2023 to September 30, 2026
Payout Tiers	>85th Percentile: 260% of target; 75th Percentile: 200% of target; 50th Percentile: 100% of target; 25th Percentile: 50% of target; <25th Percentile: 0%
	Cap: 100% of target if three-year TSR is negative
Grant Date	November 10, 2023
Grant Date Fair Value	$7,499,798
Unit Allocation	PRSUs: Threshold: 62,283; Target: 124,567; Maximum: 323,874 ; RSUs: 45,209 units
Vesting Schedule	PRSUs: Vest after performance period (subject to performance conditions, with exceptions for death, disability, or change in control) ;
	RSUs: Vest in equal installments on November 11, 2024 and November 11, 2025

Non-Equity Incentive Plan Compensation

Metric	Details
Performance Metrics	Net Revenue (25% weight) and Adjusted EBITDA (75% weight)
Corporate Targets	Net Revenue: $1,910.4 million; Adjusted EBITDA: $383.5 million
Actual Achievement	Net Revenue: $1,996.2 million; Adjusted EBITDA: $440.2 million (both achieving 150% of target)
Bonus Payout	Target Bonus: 125% of base salary; Actual Bonus: $1,406,250
Vesting/Payment	Paid as an annual cash bonus based on corporate financial performance with no vesting schedule