Stephen G. Oswald

Stephen G. Oswald is the President and Chief Executive Officer of Ducommun Incorporated, having joined the company in January 2017, and later taking on additional responsibilities as Chairman in May 2018. " "

Before his tenure at Ducommun, he led Capital Safety Company as CEO from 2012 to 2015, and spent approximately 15 years in leadership roles at United Technologies Corporation, including serving as the President of the Hamilton Sundstrand Industrial division. " "

At Ducommun, his leadership has been marked by a focus on revenue growth, margin expansion, and strategic initiatives such as the VISION 2027 Plan, which has contributed to record quarterly revenue achievements and enhanced gross margins. " "

On a personal note, he is 61 years old " " , and his career reflects a robust background in managing operations and driving growth across multiple companies.

PSUs - EPS/rTSR

• Performance Period: January 1, 2024 – December 31, 2026 " "
• Grant Date: May 14, 2024 "
• Grant Date Fair Value: $3,099,112 "
• Vesting: Cliff vest on December 31, 2026 " "

Cash LTIP - EPS/rTSR

• Performance Period: January 1, 2024 – December 31, 2026 " "
• Grant Date: May 14, 2024 "
• Grant Date Fair Value: $1,051,491 "
• Vesting: Cliff vest on December 31, 2026 " "
• The performance targets (EPS levels and vesting percentages) are the same as for the PSUs above.

RPSUs

• Performance Period: January 1, 2024 – December 31, 2026 "
• Revenue Goals:
  • Threshold: 96.9% performance, $790M revenue, 50% payout "
  • Target: 100% performance, $815M revenue, 100% payout "
  • Maximum: 104.2% performance, $850M revenue, 200% payout "
  • Below Threshold: <96.9% performance yields no payout "
• Grant Date: May 14, 2024 "
• Grant Date Fair Value: $930,479 "
• Vesting: Cliff vest on December 31, 2026 "

Cash LTIP - Revenue

• Performance Period: January 1, 2024 – December 31, 2026 " "
• Performance Targets:

• Grant Date: May 14, 2024 "
• Grant Date Fair Value: $293,832 " "
• Vesting: Cliff vest on December 31, 2026 "

Non-Equity Incentive Plan Compensation

• Award Amount: $2,742,095 " "
• Payment Schedule: Paid in Q1 2025
• No detailed performance metrics provided for this component.