Kirby amends 2023 AIP to add ROTC metric for Corporate Division

KIRBY CORP

Compensation Committee approved amended 2023 AIP Guidelines on March 24, 2023.
New performance measure: return on total capital (ROTC) weighted 10% for Corporate Division.
Prior weights: 40% EBITDA, 40% EPS, 20% OP/ESG; new: 40% EBITDA, 30% EPS, 20% OP/ESG, 10% ROTC.
Change intended to incentivize capital utilization to generate earnings.
Amended guidelines filed as Exhibit 10.1.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.