Dale A. Asplund

Chief Executive Officer at BrightView Holdings

Board

Since October 1, 2023

Tenure

Began tenure on 10-01-2023 as Chief Executive Officer at BV, holding roles including President and Director while initiating transformational changes through the One BrightView initiative.

Also at BrightView Holdings

Amanda Orders

Executive Vice President and Chief Human Resources Officer

Brett Urban

Executive Vice President and Chief Financial Officer

JMG

Jonathan M. Gottsegen

Executive Vice President, Chief Legal Officer, and Corporate Secretary

About

Dale A. Asplund joined BrightView Holdings, Inc. on 10-01-2023 as the Chief Executive Officer following a transitional period that included the departure of the previous CEO.

Since taking the helm, he has also assumed the roles of President and Director, establishing himself as the principal executive leader of the company.

Under his leadership, significant transformational changes have been introduced through the One BrightView initiative, which focused on unifying the organization by eliminating operational silos and restructuring non-core service lines.

$BV Performance Under Dale A. Asplund

Past Roles

Organization	Role	Date Range	Details
United Rentals, Inc.	Executive Vice President, Chief Operating Officer	May 2019 – September 2023	Part of the executive leadership team with company-wide responsibility for operations and employee safety
United Rentals, Inc.	Executive Vice President, Business Services and Chief Information Officer	January 2017 – May 2019	Held responsibilities in business services and information technology
United Waste Systems, Inc.	Divisional Manager	N/A	No specific date provided

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Annual Base Salary	$950,000	Annually	Fixed annual salary
Cash Sign-On Bonus	$500,000	One-time	Subject to repayment obligation that no longer applies
401(k) Matching Contributions	$11,692	Per 401(k) plan schedule	Matching contribution
Executive Health, Disability, and Life Insurance Premiums	$28,045	Annually as incurred	Premium payments
Time-Vesting RSUs (Standard & Matching)	917,820 RSUs	Equal installments on the first four anniversaries of Oct 1, 2023	Comprises 250,000 RSUs and 667,820 RSUs
Time-Vesting RSUs - Fiscal 2024 Annual Grant	277,000 RSUs	Equal installments on the first four anniversaries of Oct 1, 2023	Granted on Nov 17, 2023

Performance Compensation

Data from FY 2024

Annual Bonus Award

Metric	Value	Units	Details
Base Salary	$950,000	USD	Annual base salary used for bonus calculation
Target Bonus Percentage	130%	Percentage	Applied to base salary
Target Bonus Amount	$1,235,000	USD	130% of base salary
Adjusted EBITDA Threshold (50% payout)	$298.3 million	USD
Adjusted EBITDA Target (100% payout)	$331.4 million	USD
Adjusted EBITDA Maximum (200% payout)	$364.6 million	USD
Actual Adjusted EBITDA	$324.7 million	USD
Payout Percentage (Adjusted EBITDA)	90%	Percentage
ESG Weight	20%	Percentage	Based on qualitative assessment
ESG Achievement	140%	Percentage	Exceeded targets
Combined Bonus Payout	100%	Percentage	Final achievement factor

Performance RSUs

Metric	Value	Units	Details
Performance Period	Oct 1, 2023 to Sept 30, 2026	Date Range
Vesting Schedule	End of Fiscal 2026	Description	Based on performance metrics
PRSUs Target Grant	250,000 PRSUs	Units	Standard performance RSUs
Inducement PRSUs Grant	250,000 PRSUs	Units	Vesting same as fiscal 2024 PRSUs
Grant Date	Nov 17, 2023	Date
Grant Date Fair Value	$7,874,989	USD	Assumed highest performance achievement
Performance Metrics	Three-Year Average EBITDA Margin, Land Organic Revenue CAGR	Description	Award payout ranges from 0% to 200%