Document

For the 2025 fiscal year, non-employee directors received an annual retainer of $95,000, paid in quarterly installments, plus reimbursement of reasonable expenses relating to attendance at meetings. Our directors are also reimbursed for the costs associated with attending one continuing education program every three years. No fees are paid to directors who are employee directors. Additional annual retainers are paid to our Board leadership, as shown below:


Board Leadership Role			Annual Retainer
Lead Director			$25,000
Board Chairman			$80,000
Audit Committee Chairperson			$25,000
Compensation Committee Chairperson			$20,000
Nominating and Governance Committee Chairperson			$15,000
Technology Committee Chairperson			$10,000

In addition to cash compensation, each non-employee director received an annual equity grant under the Amended and Restated Littelfuse, Inc. Long-Term Incentive Plan (the "Long-Term Plan") valued at approximately $180,000. The equity grant is comprised of restricted stock units that are granted upon the non-employee director's election or reelection to the Board at the Company's annual meeting and that vest in full on the earlier of the first anniversary of the grant date or the date of the annual meeting of shareholders held in the year after the year of the grant date. Beginning in 2025, directors receive dividend equivalents on unvested restricted stock units. Dividend equivalents are credited as additional units and are paid only if and when the underlying restricted stock units vest.