Theodore Wahl

President and Chief Executive Officer at HEALTHCARE SERVICES GROUP

Board

Since May 2015

Age

50 years

Tenure

Joined HCSG in 2004 and advanced through roles such as Facility Manager, District Manager, Regional Sales Director, Regional Manager, VP of Finance, Executive VP & COO, and President & COO before becoming President and CEO in May 2015.

Also at HEALTHCARE SERVICES GROUP

AMB

Andrew M. Brophy

Senior Vice President, Controller & Chief Accounting Officer

AWK

Andrew W. Kush

Executive Vice President & Chief Operating Officer

JJB

Jason J. Bundick

Executive Vice President, Chief Compliance Officer, General Counsel, and Secretary

About

Theodore Wahl is a seasoned leader with extensive experience in operational and financial management, having built his expertise over the years through progressively responsible roles.

Before joining HCSG in 2004, he contributed to the industry as a Senior Manager at EY’s Transaction Advisory Group, which set the foundation for his subsequent career moves.

At HCSG, he has worked in several capacities, demonstrating his ability to adapt and lead. His ascent from early operational roles to executive positions culminated in his appointment as President and CEO in May 2015, underscoring his significant contributions to the organization.

$HCSG Performance Under Theodore Wahl

Past Roles

Organization	Role	Date Range	Details
Healthcare Services Group, Inc. (HCSG)	President and Chief Operating Officer	N/A	Held before becoming CEO in May 2015
Healthcare Services Group, Inc. (HCSG)	Executive Vice President & Chief Operating Officer	N/A
Healthcare Services Group, Inc. (HCSG)	Vice President of Finance	N/A
Healthcare Services Group, Inc. (HCSG)	Regional Manager	N/A
Healthcare Services Group, Inc. (HCSG)	Regional Sales Director	N/A
Healthcare Services Group, Inc. (HCSG)	District Manager	N/A
Healthcare Services Group, Inc. (HCSG)	Facility Manager	N/A
EY’s Transaction Advisory Group	Senior Manager	N/A	Pre-HCSG role

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,005,108	Annual	Remained unchanged since 2016; approved by the NCSO Committee on December 13, 2023
Stock Awards (Non-performance)	$1,732,897	Grant Date	Computed as the residual from total Stock Awards ($2,526,539 ) minus the performance-based PSUs ($793,642 ); reflects RSUs and restricted stock awards per FASB ASC Topic 718
Option Awards	$793,643	Per vesting schedule	Aggregate grant date fair value of stock option awards; details in Note 10 of the Annual Report on Form 10-K
Nonqualified Deferred Compensation Earnings	$50,377	Annual	Reflects aggregate gains (losses) in the non-qualified deferred compensation plan for 2024
All Other Compensation	$49,887	Annual	Includes other forms of compensation not categorized under the above components

Performance Compensation

Data from FY 2024

Performance Stock Units (PSUs)

Metric	Value	Details
Share Quantity	66,974 units	Exact number of PSUs granted in 2024
Grant Date Fair Value	$793,642	Based on the probable outcome of performance targets
Grant Date	January 3, 2024	Date when PSUs were granted
Performance Metric	Relative Total Shareholder Return	Measured against the S&P MidCap 400 Index
Vesting Schedule	3-year period ending Dec 31, 2026; certified in 2027	PSUs vest upon meeting performance targets at the 50th percentile
Conditions	Market-based conditions	Valuation determined using a Monte Carlo simulation

Non-Equity Incentive Plan Compensation

Metric	Value	Details
Amount	$258,092	Annual performance-based cash payment under the annual incentive program