Mr. Melhem serves as President, Asia-Pacific, the Middle East & Africa of Watts Water Technologies and is one of the Company's named executive officers for 2025. The Compensation Committee approved a 3.5% merit increase to his base salary effective April 1, 2025, raising it from $489,200 to $506,300, and set his 2025 target bonus at 55% of salary. His annual incentive financial objectives included a segment earnings objective specific to his role.
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