Stephen O. LeClair

Stephen O. LeClair is a seasoned executive with extensive experience in both private equity and publicly traded companies. He has held multiple leadership roles throughout his career, including significant tenures at HD Supply Waterworks and General Electric, where he advanced through positions such as President, Chief Operating Officer, and Senior Vice President. " "

At CNM, he currently directs the company’s strategic direction as its Chief Executive Officer and serves on the board of directors, having joined in July 2021. " His diverse experience in operational management and strategic growth initiatives has contributed to his successful leadership in the industry.

Throughout his career, LeClair has demonstrated a commitment to operational excellence and value creation for shareholders, leveraging his deep industry knowledge and broad business experience to drive performance and innovation. " "

Non-Equity Incentive Plan Compensation for 2022

Overall Weighted Average Payout: 160% " "

Grant Date: March 11, 2022 " "

Base Salary for MICP Calculation: $850,000 " "

Target MICP Opportunity: 125% of base salary = $1,062,500 " "

Actual MICP Award: $1,700,000 " "

Vesting: Not applicable as the non-equity incentive plan is cash-based.