Compensation RECOVERY Policy
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Subsequent changes in a Covered Executive’s employment status, including retirement or termination of employment, do not affect the Company’s rights to recover Incentive-Based Compensation pursuant to this Policy. For purposes of this Policy, Incentive-Based Compensation shall be deemed to have been received during the fiscal period in which the financial reporting measure specified in the award is attained, even if such Incentive-Based Compensation is paid or granted after the end of such fiscal period.
No recovery shall be required in the case of a Board determination that the direct expense paid to a third party to assist in enforcing this Policy would exceed the amount to be recovered.
Such determination shall be made after a reasonable and documented attempt to recover the Incentive-Based Compensation, which documentation shall be provided to the New York Stock Exchange.
The Board shall determine, in its sole discretion, the method of recovering any Incentive-Based Compensation pursuant to this Policy.
I hereby certify that the foregoing Compensation Recovery Policy was unanimously approved and adopted by the Ennis, Inc. Board of Directors at its September 15, 2023 quarterly meeting.
/s/ Dan Gus_________________________
Dan Gus, Secretary
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