Idaho Proposal to Approve Directors' Compensation Plan The Idaho Proposal to Approve Directors' Compensation Plan outlines a comprehensive plan for compensating directors of a company. This proposal is designed to ensure that the directors' financial interests are aligned with the company's success and that they are fairly compensated for their time, expertise, and responsibilities. The key objective of the compensation plan is to attract and retain highly qualified directors who can provide valuable insights and guidance to drive the company forward. By offering competitive compensation packages, the company aims to incentivize top talent to serve on its board of directors. The compensation plan includes various components, such as cash retainers, annual stock grants, and performance-based incentives. These components are designed to provide a balance between fixed and variable compensation, aligning the directors' interests with long-term company performance. Under the cash retainer component, directors will receive a fixed annual fee for their service on the board. This fee takes into account the director's role, responsibilities, and time commitment required. The annual stock grants serve as an additional form of compensation and encourage directors to have a vested interest in the company's success, as their grants will increase in value with positive performance. Performance-based incentives are also included to further motivate directors to contribute to the company's growth and profitability. These incentives may be tied to specific performance metrics, such as revenue targets, earnings per share, or market share gains. By linking compensation to performance, the company encourages directors to actively contribute their expertise and strategic thinking to drive positive results. Furthermore, the Idaho Proposal to Approve Directors' Compensation Plan emphasizes the importance of transparency and shareholder input. The plan will be presented to shareholders for approval, allowing them to assess its fairness and reasonableness. In addition, the plan will be made available to shareholders, ensuring they have access to all relevant information when making their decision. In summary, the Idaho Proposal to Approve Directors' Compensation Plan aims to provide a comprehensive and competitive compensation package for directors, ensuring top talent is attracted and retained. By aligning directors' interests with the company's success and incorporating performance-based incentives, this plan promotes a strong governance structure that enhances shareholder value.