Jeffrey S. Lorberbaum

Chairman and Chief Executive Officer at MOHAWK INDUSTRIES

Board

Since January 2001

Age

68 years

Tenure

Joined Mohawk Industries in March 1994 through the acquisition of Aladdin Mills Inc., served as President and Chief Operating Officer from January 1995 to January 2001, and has been serving as Chief Executive Officer since January 2001 while also taking on the role of Chairman in May 2004.

Also at MOHAWK INDUSTRIES

WCW

W. Christopher Wellborn

Vice Chair of the Board of Directors

JFB

James F. Brunk

Chief Financial Officer

Ken Walma

President of the Flooring North America Segment

About

Jeffrey S. Lorberbaum is 68 years old and has played a pivotal role in the evolution of Mohawk Industries over several decades. Despite the lack of detailed personal educational background in the available documents, his longstanding commitment to the company and the flooring industry speaks to his expertise and leadership abilities.

Beginning his journey with Mohawk Industries through the acquisition of Aladdin Mills Inc. in March 1994, he quickly transitioned into significant leadership roles. Starting as a director, he then served as President and Chief Operating Officer from January 1995 to January 2001, before taking on the role of Chief Executive Officer, which he has held since January 2001.

Over the years, his strategic decisions and operational management have been instrumental in shaping the company's growth and industry presence. His appointment as Chairman in May 2004 further solidified his influence on the company's direction. This comprehensive tenure underscores a career of progressive responsibility and deep industry involvement.

$MHK Performance Under Jeffrey S. Lorberbaum

Past Roles

Organization	Role	Date Range	Details
Mohawk Industries, Inc.	President and Chief Operating Officer	January 1995 - January 2001	Held prior to becoming CEO
Aladdin Mills Inc.	President and Chief Executive Officer	February 1994 - March 1994	Ended due to acquisition by Mohawk Industries
Aladdin Mills Inc.	Vice President – Operations	1986 - February 1994	Promoted to President and CEO

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,388,121	Annually	Fixed annual base salary
Fixed LTIP Component (RSUs)	3,521 RSUs	One-time grant	Grant Date Fair Value: $102.85 per RSU ; Total Value: $362,091.85 ; Granted based on 2022 base salary

Performance Compensation

Data from FY 2023

Annual Incentive Plan (Non-Equity Incentive Plan)

Metric	Value	Details
Performance Metric	Adjusted EPS	Incentive based on meeting adjusted EPS targets
Threshold Award	54% of base salary	Award percentage if minimum performance is achieved
Target Award	90% of base salary	Award percentage at the expected performance level
Maximum Award	150% of base salary	Cap on incentive payout based on performance
Bonus Pool	$7.7 million	Total available bonus pool
Maximum Pool Award Limit	$2.1 million	Maximum award potential within the pool
Actual Payout	$1,951,478	Cash awarded based on performance
RSU Conversion Component	$700,000 in RSUs	Award paid partly in RSUs vesting ratably over 3 years
RSU Grant Date	February 23, 2024	Date on which the RSU component was granted

LTIP Variable Component and Stock Awards (Grant Date RSUs)

Metric	Value	Details
TSR Component Performance	10th Percentile (No Award)	Based on 3-year total shareholder return vs. S&P 500; no RSUs awarded due to low performance
Business Unit Component Performance	Determined by EPS targets	Performance levels: Threshold: 15%, Target: 30%, Maximum: 60% of base salary in RSUs; calculated linearly
RSUs Awarded (Business Unit)	2,183 RSUs	Award based on Company & Business Unit EPS performance
Variable LTIP Grant Date	February 28, 2023	Grant date for the LTIP variable component
Grant Date Fair Value	$102.85 per RSU	Valuation based on average daily closing prices over the relevant period
Vesting Schedule	Ratably over 3 years	RSUs vest on each of the first three anniversaries of the grant date