Compass Minerals International, Inc. Non-Employee Director Compensation Policy Summary (Effective January 1, 2022)

Summary

Compass Minerals International, Inc. provides compensation to its non-employee directors under this policy. Each non-employee director receives an annual cash retainer of $85,000, plus additional cash fees for serving as a chair or member of Board committees. The Non-Executive Chairman of the Board receives extra annual cash and equity awards. All non-employee directors also receive annual equity awards. This policy outlines the structure and amounts of these payments, effective as of January 1, 2022.

EX-10.1 2 cmp-q12022xex101directorco.htm EX-10.1 Document
Exhibit 10.1




Summary of Non-Employee Director Compensation
As of January 1, 2022

The following compensation will be provided to non-employee members of the Board of Directors (the “Board”) of Compass Minerals International, Inc. (the “Company”) pursuant to the Company’s Non-Employee Director Compensation Policy.

A.Cash Compensation

1.    Annual Retainer. Each non-employee director will receive an $85,000 annual cash retainer for service on the Board.

2.    Committee Service Fee. In addition, each non-employee director serving as a chair or member of any of the following Board committees will receive an annual cash fee for committee service, as follows:

CommitteeChairMembers
Audit Committee$22,500$10,000
Compensation Committee$15,000$7,500
Nominating/Corporate Governance Committee$12,500$5,000
Environmental, Health & Safety Committee$12,500$5,000

3. Non-Executive Chairman of the Board. In addition, the Non-Executive Chairman of the Board will receive an annual cash fee of $65,000 for service as Non-Executive Chairman of the Board.
B.Equity Compensation.

1.Annual Equity Award. Each non-employee director will receive an equity award with an annual equity award value of $120,000 for service on the Board.

2.Non-Executive Chairman of the Board. In addition, the Non-Executive Chairman of the Board will receive an equity award with an annual equity award value of $55,000 for service as Non-Executive Chairman of the Board.