Long-tenured independent director with extensive manufacturing industry experience; CMT's 3-year return of 25% is only 8.1 percentage points below the XLB sector ETF, well short of the 65-point threshold required to trigger an AGAINST vote for a company with strong positive returns, and the 5-year return of 92.5% further confirms adequate long-term performance.

Executive director (CEO) with strong relevant industry and operational experience; the TSR underperformance trigger does not fire (gap of -8.1pp vs. XLB is well below the 65pp threshold for a company with a 3-year TSR above 20%), and no other director-specific policy flags apply.

Longest-serving director (since 1996) with deep investment banking and finance expertise; the TSR underperformance trigger does not fire (gap of -8.1pp vs. XLB is well below the 65pp threshold), and he serves on the audit committee with demonstrated financial expertise as a Chartered Financial Analyst.

Audit Committee Chair with CPA credentials and strong strategy/marketing background; the TSR underperformance trigger does not fire, attendance is adequate, and he meets all independence and financial expertise requirements for his audit committee role.

Independent director with deep operational manufacturing expertise highly relevant to CMT's business; the TSR underperformance trigger does not fire, and no other policy flags apply.

Director who joined in November 2023 — less than 24 months before the proxy date — making him exempt from the TSR trigger under the new-director exemption; he brings relevant global manufacturing and CEO-level experience.

Independent director and Compensation Committee Chair with extensive manufacturing CEO experience and cybersecurity oversight credentials; the TSR underperformance trigger does not fire, and no other policy flags apply.