Director since 2021 (under 5 years tenure), no overboarding concerns (holds 2 public board seats), and the TSR trigger does not apply — Nucor's 3-year return of +49.9% trails the peer median by only 14.4 percentage points, well below the 65-point threshold required to trigger an against vote given the strong positive absolute return.

Director since 2016 with no overboarding concerns and relevant industrial/manufacturing experience; the 3-year TSR gap of 14.4 percentage points versus the peer median does not breach the 65-point threshold applicable to companies with strong positive absolute returns, so no TSR trigger fires.

Director since 2023 (approximately 3 years, within the range where the trigger is applied proportionally but tenure covers less than half the underperformance period), holds 2 additional public board seats which is within policy limits, and the 14.4-point peer gap is far below the 65-point threshold; no policy trigger applies.

Long-serving Lead Director since 2008 with strong governance and manufacturing credentials, holds 1 additional public board seat (within limits), and the 3-year TSR underperformance versus peers of 14.4 percentage points is well below the 65-point threshold required for a strong-positive-return company.

Director since 2015 with extensive financial and executive experience; she holds 3 additional public board seats (Goodyear, Papa John's, and Celestica), which is at the maximum permitted under Nucor's own overboarding policy of no more than 3 outside boards, and the TSR gap of 14.4 points is far below the policy trigger threshold of 65 points.

Director since 2022 with relevant CEO and industrial leadership experience, holds 3 additional public board seats (Columbus McKinnon, Honeywell, PPG) which is at the maximum permitted under Nucor's own overboarding policy but does not exceed the policy threshold of 4 or more seats that triggers an against vote under our voting policy; the 14.4-point TSR gap is far below the 65-point trigger threshold.

As Chair and CEO he is subject to the same TSR trigger as other directors; Nucor's 3-year absolute return of +49.9% is strong positive and the peer underperformance of 14.4 percentage points is well below the 65-point threshold, so no TSR trigger fires; he holds 1 outside public board seat (PPG) which is within the sitting-CEO limit of 1 outside board.

Director since 2019 with strong operational leadership credentials; she holds 3 additional public board seats (Tempus AI, Johnson & Johnson, Tenet Healthcare), which is at the maximum allowed under Nucor's own policy but does not breach our voting policy's threshold of 4 or more seats; the 14.4-point TSR peer gap is well below the 65-point trigger threshold.