UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934
___________________________________ 


Filed by the Registrant   ☒  Filed by a Party other than the Registrant   ☐
Check the appropriate box:
Preliminary Proxy Statement
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
Definitive Proxy Statement
Definitive Additional Materials
Soliciting Material Pursuant to §240.14a-12
MIRION TECHNOLOGIES, INC.

(Name of Registrant as Specified In Its Charter)


(Name of Person(s) Filing Proxy Statement, if other than the Registrant)


Payment of Filing Fee (Check the appropriate box):
No fee required.
Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11
1Title of each class of securities to which transaction applies:
2Aggregate number of securities to which transaction applies:
3Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
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5Total fee paid:
Fee paid previously with preliminary materials.
Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
1Amount Previously Paid:
2Form, Schedule or Registration Statement No.:
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PRELIMINARY PROXY STATEMENT - SUBJECT TO COMPLETION

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1218 Menlo Drive

Atlanta, GA 30318

Telephone: (770) 432-2744

April 20, 2022[•], 2023


Annual Meeting of Stockholders — June 15, 2022
Dear Fellow Stockholders:
We are pleased to invite you to join us for Mirion’s first ever2023 Annual Shareholders’Stockholders' Meeting. The meeting is scheduled to take place virtually on Wednesday, June 15, 20226, 2023 at 10:00 a.m. (Eastern Time), via live webcast at www.virtualshareholdermeeting.com/MIR2022.MIR2023.

Fiscal 2021Overall, fiscal 2022 was a historicdynamic year for Mirion as we completedMirion. In the long-anticipated processface of becoming a public company. Ouran evolving and challenging global operating environment, our teams worked diligently to make this a realityshowcased the inherent resiliency of our business model and delivered solid results. We finished 2022 with strong momentum heading into 2023 and believe we have enjoyed getting backthe right strategy in place to execute on our core mission.positive outlook.

We thank you all for your investment in Mirion and your continued support as we look to build off our strong demand momentum from 2021.

Our revenue for fiscal 20212022 was $668$718 million, net loss was $288 million and adjusted revenue was $683 million(1). Net loss was $23 million for the successor period from October 20, 2021 through December 31, 2021 and $205 million for the predecessor periods from January Adjusted EBITDA1 2021 through October 19, 2021. Our adjusted EBITDA for fiscal 2021 was $165 million(1). Atmillion. We closed the close of fiscal 2021, ouryear with a robust order backlog stood at a healthy $748of $737 million, pointing to continued engagementexhibiting strong demand dynamics across our business. Our prospects are a clear testament to the hard work and effort put in by our Mirion teammates across the globe and the strong relationships that we maintain with our customers.

Mirion boasts a diversified product portfolio and holds a defensible position as the market leader in 14 of the 17 major product categories that we serve. We believe that the company has a clear strategy for growth and is well positioned going forward. We are focused on delivering commercial and pricing excellence in all facets of our business and have identified a series of meaningful cost savings initiatives, several of which are currently underway.

chosen end markets.
We believe that we have the future holds great things forbest team in our chosen end markets and maintain a leadership position in 15 of our 18 major product categories. Our highly diversified portfolio of safety solutions enables us to serve a wide array of mission-critical work taking place in industries such as nuclear power generation, life-saving cancer treatment and diagnosis, and civil defense.
Promoting safety across our end markets remains central to everything that Mirion our business partnersdoes and our customers. Our teams standwe remain committed to executing on our company’s mission of utilizingharnessing our unrivaled knowledge of ionizing radiation to protect people, communities and the environment for the greater good of humanity. Our productsInherent in our mission is the work that we have done to advance our Environmental, Social and services enableGovernance (“ESG”) platform. While we are still early in our ESG journey, we believe that we have taken the implementationright first steps to establish a solid base to build from.
We are committed to advancing our ESG platform as we mature as a public company. As you review the accompanying proposals up for vote at this year’s meeting, you will see some items that our Board has put forward to improve our overall governance structure. We appreciate your consideration of lifesaving medical procedures and diagnostics,these initiatives, in addition to the safe production of carbon-free nuclear power and the protection of the men and women serving on the front lines in the armed forces and national defense ministries.

other items up for vote.
On behalf of Mirion’s 2,600+2,800+ employees and our Board of Directors, we thank you again for your continued support and investment in Mirion. Your vote is very important to our company,us and we want to encourage you to please cast your vote on the important items that are up for consideration ahead of our first ever2023 Annual Shareholders’Stockholders’ Meeting. Voting instructions and items on the ballot are listed in the accompanying proxy statement.

Respectfully,


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Thomas D. Logan                    Lawrence D. Kingsley
Chief Executive Officer                Chairman of the Board
_______________________________
(1)Further information regarding the non-GAAP metricsmetric adjusted EBITDA and reconciliations to the nearest GAAP measures are set forth in Appendix A to this proxy statement.





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PRELIMINARY PROXY STATEMENT - SUBJECT TO COMPLETION
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1218 Menlo Drive,
Atlanta, GA 30318

Notice of Annual Meeting of Stockholders

Wednesday, June 15, 2022
6, 2023
10:00 a.m. Eastern Time


Notice is hereby given that the 20222023 annual meeting of stockholders (the “Annual Meeting”) of Mirion Technologies, Inc., a Delaware corporation (the “Company,” “Mirion” or “we”), will be held on June 15, 20226, 2023 at 10:00 a.m. (Eastern Time), via live webcast at www.virtualshareholdermeeting.com/MIR2022.MIR2023. The principal business of the Annual Meeting will be to:
1.Elect directors for a one-year term;
2.Ratify the appointment of Deloitte & Touche, LLP (“Deloitte”) as our independent registered public accounting firm for the fiscal year ending December 31, 2022;2023;
3.Approve, on ana non-binding advisory basis, the compensation of our named executive officers as disclosed in the accompanying proxy statement;statement (the “Say-on-Pay Proposal”);
4.Approve, on an advisory basis,amendment to our Amended and Restated Certificate of Incorporation to limit the frequencyliability of future stockholder advisory votes oncertain officers of the compensationCompany as permitted by recent amendments to Delaware law (the “Officer Exculpation Proposal”);
5.Approve an amendment to our Amended and Restated Certificate of our named executive officers;Incorporation to add a sunset date for the supermajority voting provisions (the “Supermajority Sunset Date Proposal”); and
5.6.Transact any other business as may properly come before the meeting or any adjournment or postponement thereof.
You can vote at the Annual Meeting in person or by proxy if you were a stockholder of record at the close of business on April 18, 2022.14, 2023. You may revoke your proxy at any time prior to its exercise at the Annual Meeting. To facilitate voting, Internet and telephone voting are available. The instructions for voting are on the proxy card. If you hold your shares through a bank, broker or other holder of record, please follow the voter instructions you received from the holder of record.
In light of the continuing COVID-19 pandemic (referred to as “COVID” or “pandemic”), the 2022The 2023 Annual Meeting will be virtual. You may attend the Annual Meeting and vote your shares electronically during the Annual Meeting via live webcast at www.virtualshareholdermeeting.com/MIR2022.MIR2023. You will need the 16-digit control number that is printed on your proxy card, voter instruction form or notice of internet availability of proxy materials, to enter the Annual Meeting. Mirion recommends that you log in 15 minutes before the Annual Meeting to ensure you are logged in when the Annual Meeting starts.
We are electronically disseminating Annual Meeting materials to our stockholders, as permitted under the "Notice and Access" rules approved by the Securities and Exchange Commission. Stockholders who have not opted out of Notice and Access will receive a Notice of Internet Availability of Proxy Materials containing instructions on how to access Annual Meeting materials via the Internet. The Notice also provides instructions on how to obtain paper copies if preferred.
Your vote is important. Please act as soon as possible to vote your shares.
By Order of the Board of Directors,
Emmanuelle Lee
Executive Vice President,
Secretary and General Counsel
Atlanta, GA

April 20, 2022
Important Notice Regarding the Availability of Proxy Materials for the
Annual Meeting of Stockholders to be held on
June 15, 2022:
The Notice of Annual Meeting, Proxy Statement and our
2021
Annual Report to Stockholders are available electronically at
www.proxyvote.com
[•], 2023




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Proxy Summary
PROXY SUMMARY
This Proxy Summary highlights information contained elsewhere in this proxy statement and does not contain all of the information that you should consider. Please read the entire proxy statement carefully before voting.
We are providing you with these proxy materials because the Board of Directors of Mirion Technologies, Inc. (the “Board”) is soliciting your proxy to vote at Mirion’s 20222023 Annual Meeting of Stockholders (the “Annual Meeting”), including at any adjournments or postponements thereof, to be held via a live audio webcast on Wednesday, June 15, 20226, 2023 at 10:00 a.m. Eastern Time. The Annual Meeting can be accessed by visiting www.virtualshareholdermeeting.com/MIR2022.comMIR2023 where you will be able to listen to the meeting live, submit questions and vote online.

You are invited to attend the Annual Meeting to vote on the proposals described in this Proxy Statement. However, you do not need to attend the Annual Meeting to vote your shares. Instead, you may simply follow the instructions below to submit your proxy. The proxy materials, including this Proxy Statement and our 20222023 Annual Report on Form 10-K for the year ended December 31, 2023 (the "Annual Report"), are first being distributed and made available on or about April [], 2023.
On October 20, 2022.

As used in this Proxy Statement,2021 (the "Closing" or the “Closing Date”), Mirion Technologies, Inc. (formerly known as GS Acquisition Holdings Corp II or "GSAH") consummated its business combination with GSAH (the "Business Combination") pursuant to the Business Combination Agreement dated June 17, 2021 (as amended, the “Business Combination Agreement”). On the Closing Date, GSAH was renamed Mirion Technologies, Inc. Unless the context otherwise requires, all references to “Mirion,” the “Company,” “we,” “us,” “our,” “Mirion” and the “Company”or “our” refer to Mirion Technologies, Inc. following the Business Combination, other than certain historical information which refers to the business of Mirion Technologies (TopCo), Ltd. (“Mirion TopCo”) prior to the consummation of the Business Combination. As a result of the Business Combination, Mirion’s financial statement presentation distinguishes Mirion TopCo as the “Predecessor” for periods prior to the closing of the Business Combination and its subsidiaries. Our fiscal year end isMirion Technologies, Inc. as the “Successor” for periods after the closing of the Business Combination. As a result of the application of the acquisition method of accounting in the Successor Period, the financial statements for the Successor Period are presented on December 31a full step-up basis as a result of the Business Combination, and are therefore not comparable to the financial statements of the Predecessor Period that are not presented on the same full step-up basis due to the Business Combination. For more information, please see our Annual Report on Form 10-K for the year ended December 31, 2021 is referred to herein as “fiscal 2021“ or “FY2021“. 2022.
Information contained on, or that can be accessed through, our website is not intended to be incorporated by reference into this proxy statement and references to our website address in this proxy statement are inactive textual references only.

To assist you in reviewing the proposals to be acted upon at the Annual Meeting, we call your attention to the following information. The following description is only a summary.
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Meeting Details


Time and Date:June 15, 20226, 2023 at 10:00 a.m. Eastern Time
Place:Virtual Meeting (via live webcast at www.virtualshareholdermeeting.com/MIR2022)MIR2023)
Record Date:April 18, 202214, 2023
Voting:Stockholders of Mirion as of the record date are entitled to vote. Each share of Mirionour Class A and Class B common stock is entitled to one vote for each director nominee and one vote for each of the other proposals to be voted upon at the Annual Meeting. Stockholders will vote together as a single class.class, except that for Proposals No. 4 and 5, holders of our Class A and Class B common stock will also vote as separate classes, as described in greater detail below.
Meeting Agenda

No.ProposalBoard Voting RecommendationPage
1
Election of Directors

Elect nine directors to our Board of Directors, each for a term of one year expiring at the 2024 annual meeting of stockholders and until such director's successor has been duly elected and qualified;

FOR
(each nominee)
2
Independent Auditor

Ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023;

FOR
3
Say-on-Pay

Approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the accompanying proxy statement;

FOR
4
Officer Exculpation Proposal

Approve an amendment to our Amended and Restated Certificate of Incorporation to limit the liability of certain officers of the Company as permitted by recent amendments to Delaware law; and

FOR
5
Supermajority Sunset Date Proposal

Approve an amendment to our Amended and Restated Certificate of Incorporation to add a sunset date for the supermajority voting provisions.

FOR
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Proxy Summary
Meeting Agenda

No.ProposalBoard Voting RecommendationPage
1
Election of Directors

Elect nine directors to our Board of Directors, each for a term of one year expiring at the 2023 annual meeting of stockholders and until such director's successor has been duly elected and qualified;

FOR
(each nominee)
2
Independent Auditor

Ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2022;

FOR
3
Say-on-Pay

Approve, on an advisory basis, the 2021 compensation of our named executive officers as disclosed in the accompanying proxy statement; and

FOR
4
Frequency of Say-on-Pay

Approve, on an advisory basis, the frequency (i.e., every one, two or three years) of future advisory votes to approve the compensation of our named executive officers.
ONE YEAR
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QUESTIONS AND ANSWERSQuestions and Answers
Why am I receiving these materials?
The Board of Directors of Mirion Technologies, Inc. is making these proxy materials available to you on the Internet or, upon your request, by delivering printed versions of these materials to you by mail, in connection with the solicitation of proxies for use at our 2022 Annual Meeting, of Stockholders (the "Annual Meeting"), or at any adjournment or postponement of the Annual Meeting.
The Annual Meeting will occur on June 15, 20226, 2023 at 10:00 a.m. Eastern Time via live webcast at www.virtualshareholdermeeting.com/MIR2022.MIR2023.
What is included in these materials?
These materials include this Proxy Statement for the Annual Meeting and our Annual Report to Stockholders, which includes our Annual Report on Form 10-K for the year ended December 31, 2021.2022. We are first making these materials available to you on the Internet on or about April 20, 2022.[•], 2023.
What is the purpose of the Annual Meeting?
For stockholders to vote on the following numbered proposals, and otherwise to transact any other business as may properly come before the Annual Meeting or at any adjournment or postponement thereof:
1.Election of Directors: To elect Lawrence D. Kingsley, Thomas D. Logan, Kenneth C. Bockhorst, Robert A. Cascella, Steven W. Etzel, John W. Kuo, Jody A. Markopoulos, Jyothsna (Jo) Natauri and Christopher WarrenSheila Rege as directors for one-year terms;
2.Independent Director:Auditor: To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2022;2023;
3.Say-on-Pay: To approve, on ana non-binding advisory basis, the compensation of our named executive officers as disclosed in the accompanying proxy statement; and
4.Frequency of Say-on-Pay:Officer Exculpation: To approve on an advisory basis,amendment to our Amended and Restated Certificate of Incorporation to limit the frequency (i.e., every one, two or three years)liability of future advisory votescertain officers of the Company as permitted by recent amendments to Delaware law; and
5.Supermajority Voting: To approve an amendment to our Amended and Restated Certificate of Incorporation to add a sunset date for the compensation of our named executive officers.supermajority voting provisions.
How does the Board of Directors recommend I vote on these proposals?
The Board recommends that you vote FOR each of proposals 1, 2, 3, 4 and 3, and ONE YEAR for proposal 4.5.
Who is entitled to vote at the Annual Meeting?
Holders of our common stock as of the close of business on April 18, 2022 ,14, 2023, the record date, may vote at the Annual Meeting. As of the record date, there were 199,533,232[] shares of our Class A common stock and 8,560,540[] shares of our Class B common stock outstanding. Each share of Class A and Class B common stock is entitled to one vote. Holders of our Class A common stock and Class B common stock will vote as a single class on all matters described in this proxy statement.statement, except that for Proposal No. 4 and 5, holders of our Class A and Class B common stock will also vote as separate classes, as described in greater detail below. References to our common stock shall be deemed to refer to our Class A and Class B common stock, collectively.
What is the difference between holding shares as a stockholder of record and as a beneficial owner?
If your shares are registered directly in your name with our transfer agent, Continental Stock Transfer & Trust Company, you are considered the stockholder of record with respect to those shares, and the Notice of Internet Availability of Proxy Materials (the "Notice") was sent directly to you by us. As a stockholder of record, you may vote your shares in person at the Annual Meeting or by proxy as described below.
If your shares are held in a stock brokerage account or by a bank or other nominee, you are considered the "beneficial owner"“beneficial owner” of shares held in street name. The Notice and, upon your request, the proxy materials were
PROXY STATEMENT3

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forwarded to you by your broker, bank or other nominee who is considered, with respect to those shares, the stockholder of record. As the beneficial owner, you have the right to direct your bank, broker or other nominee on how to vote your shares by following their instructions for voting.
How can I vote my shares?
If you are a stockholder of record, you may vote:
Via the Internet. - Before The Meeting - Internet before the Annual Meeting. Go to www.proxyvote.com or scan the QR Barcode above Use the Internet on your proxy card to transmit your voting instructions and for electronic delivery of information. Have your proxy card in
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Questions and Answers
hand when you access the website and follow the instructions to obtain your record(s) and to create an electronic voting instruction form. Vote by 11:59 P.M. Eastern Time on Tuesday,Monday, June 14, 20225, 2023 for shares held directly.
By Telephone. You may vote by proxy by calling 1-800-690-6903. Have your proxy card in hand when you call and then follow the instructions. Use any touch-tone telephone to transmit your voting instructions. Vote by 11:59 P.M. Eastern Time on Tuesday,Monday, June 14, 20225, 2023 for shares held directly.
By Mail. You may vote by proxy by filling out the proxy card and returning it in the postage-paid envelope we have provided or return it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.
DuringVia the Internet during the Annual Meeting.All stockholders as of the close of business on the Record Date can vote at the Annual Meeting via the Annual Meeting website. There will not be a physical meeting location. Any stockholder of record as of the Record Date can attend the Annual Meeting webcast by visiting www.virtualshareholdermeeting.com/MIR2022MIR2023 and vote during the meeting. The Annual Meeting starts at 10 a.m., Eastern Time. We encourage you to allow ample time for online check-in, which will open at 9:45 a.m., Eastern Time. Please have your 16-digit control number to join the Annual Meeting webcast. Instructions on who can attend and participate via the Internet, including how to demonstrate proof of stock ownership, are posted at www.virtualshareholdermeeting.com/MIR2022.MIR2023.
Internet and telephone voting will be available 24 hours a day and will close at 11:59 p.m. Eastern Time on Tuesday,Monday, June 14, 2022.5, 2023.
If you are a beneficial owner of shares held in street name, you should have received from your bank, broker or other nominee instructions on how to vote or instruct the broker to vote your shares, which are generally contained in a "voting“voting instruction form"form” sent by the broker, bank or other nominee. Please follow their instructions carefully. Beneficial owners generally may vote:
Via the Internet before the Annual Meeting. You may vote by proxy via the Internet at www.proxyvote.com up until 11:59 p.m Eastern Time Tuesday,Monday, June 14, 2022.5, 2023. Follow the directions on the voting instruction form provided to you by your broker, bank or other nominee.
By Telephone. You may vote by proxy by calling 1-800-690-6903 up until 11:59 p.m Eastern Time Tuesday,Monday, June 14, 2022.5, 2023. Have the voting instruction form provided to you by your broker, bank or other nominee in hand when you call and follow the directions.
By Mail. You may vote by proxy by filling out the voting instruction form and returning it in the envelope provided to you by your broker, bank or other nominee to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.11717.
VirtuallyVia the Internet during the Annual Meeting. In order to vote during the Annual Meeting you must go to www.virtualshareholdermeeting.com/MIR2022MIR2023 and enter the 16-digit control number found in the Proxy Materials. proxy materials. If you decide to attend the Annual Meeting, you will be able to vote using the link above, even if you have previously voted by Internet, Telephone or Mail.
If you received more than one Notice of Internet Availability of Proxy Materials or proxy card, then you hold shares of Mirion common stock in more than one account. You should vote via the Internet, by telephone, by mail or in person for all shares held in each of your accounts.
PROXY STATEMENT4

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If I submit a proxy, how will it be voted?
When proxies are properly signed, dated and returned, the shares represented by the proxies will be voted in accordance with the instructions of the stockholder. If no specific instructions are given, you give authority to Lawrence D. Kingsley or Emmanuelle Lee to vote the shares in accordance with the recommendations of our Board as described above. If any director nominee is not able to serve, proxies will be voted in favor of the other nominee and may be voted for a substitute nominee, unless our Board chooses to reduce the number of directors serving on our Board. If any matters not described in this Proxy Statement are properly presented at the Annual Meeting, then the proxy holders will use their own judgment to determine how to vote the shares. If the Annual Meeting is adjourned, the proxy holders can vote your shares on the new meeting date as well, unless you have revoked your proxy.
Can I change my vote or revoke my proxy?
Yes. If you are a stockholder of record, you can change your vote or revoke your proxy before it is exercised by:
Written notice to our Corporate Secretary;
Timely delivery of a valid, later-dated proxy or a later-dated vote by telephone or on the Internet; or
Voting in person at the Annual Meeting.
If you are a beneficial owner of shares held in street name, you should follow the instructions of your bank, broker or other nominee to change or revoke your voting instructions. You may also vote in person at the Annual Meeting if you obtain a legal proxy as described above.
PROXY STATEMENT4

Questions and Answers
CanHow can I attend a virtual annual meeting?
The Annual Meeting will be held on Tuesday, June 6, 2023 at 10 a.m., Eastern Time via live webcast.
Only stockholders of record and beneficial owners of shares of Mirion common stock as of the Annual Meeting?
You are invited to attendclose of business on the record date, April 14, 2023, or holders of valid proxies for such shares may participate in the Annual Meeting, if you are a registered stockholder or a beneficial owner as of the record date or if you hold a valid proxy forincluding voting and asking questions during the Annual Meeting. You can attend the Annual Meeting and vote your shares in person online during the Annual Meeting via live webcast by visiting www.virtualshareholdermeeting.com/MIR2022.MIR2023. You will need the 16-digit control number that is printed on your proxy card to enter the Annual Meeting. If you are a beneficial owner and do not have your 16-digit control number, contact your banker, broker or other nominee. Please note that you will not be able to physically attend the Annual Meeting in person but may attend the Annual Meeting in person online.
Will I be able to ask questions at the Annual Meeting?
We are committed to ensuring that stockholders will be afforded the same rights and opportunities to participate as they would at an in-person meeting. Our directors and members of our management team will join the virtual meetingAnnual Meeting and be available for questions, and we are committed to answering all relevant questions we receive during the meeting. Stockholders may submit questions during the meeting through the virtual meeting platform at www.virtualshareholdermeeting.com/MIR2022MIR2023 and enter the 16-digit control number found in their Proxy Materials.proxy materials. We will address questions after the voting is completed and the meeting is adjourned in order to minimize the potential impact of technical glitches on the proposals being voted upon. We will answer as many questions during the meeting as time permits, but if there are any questions that cannot be addressed due to time constraints or for any other reason, (e.g., compliance with Regulation FD), we will post answers to such questions on our website following the meeting, when permissible. If we receive substantially similar questions, we may group them together and provide a single response to avoid repetition. Only questions that are relevant to the purpose of the Annual Meeting or our business will be answered.
What constitutes a quorum at the Annual Meeting?
The presence, in person or by proxy, of the holders of a majority in voting power of the outstanding shares of our common stock issued and outstanding andgenerally entitled to vote at the Annual Meeting mustwill constitute a quorum for the transaction of business, except that when specified business is to be presentvoted on a class or represented to conduct business atseries of securities voting as a separate class or series, the Annual Meeting.holders of a majority in voting power of the outstanding securities of such class or series shall constitute a quorum of such class or series.. You will be considered part of the quorum if you return a signed and dated proxy card, if you vote by telephone or Internet, or if you attend the Annual Meeting.
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Abstentions and withhold votes are counted as "shares present" at the Annual Meeting for purposes of determining whether a quorum exists. Proxies submitted by banks, brokers or other holders of record holding shares for you as a beneficial owner that do not indicate a vote for some of or all the proposals because that holder does not have voting authority and has not received voting instructions from you (so-called "broker non-votes") are also considered "shares present" for purposes of determining whether a quorum exists. If you are a beneficial owner, these holders are permitted to vote your shares on the ratification of the appointment of our independent registered public accounting firm, even if they do not receive voting instructions from you.
What is the voting requirement to approve each of the proposals?
Provided that there is a quorum, the voting requirements are as follows:
ProposalVote Required
ProposalVote RequiredBroker Discretionary
Voting Allowed?
1. Election of directorsDirectorsPlurality of votes castNopresent and entitled to vote on the election of directors
2. Ratification of appointment of independent registered public accounting firmMajority of votes castYes
3. The Say-on-Pay ProposalMajority of votes castYes
Frequency4. The Officer Exculpation Proposal
66 2/3% of Say-on-Paythe outstanding shares of our Class A and Class B common stock, voting as a single class; and
a majority of the outstanding shares of each of our Class A and Class B common stock, voting as separate classes
5. The Supermajority Sunset Date ProposalMajority
66 2/3% of votes cast
Yesthe outstanding shares of our Class A and Class B common stock, voting as a single class; and
a majority of the outstanding shares of each of our Class A and Class B common stock, voting as separate classes

A “plurality,” with regard to the election of directors, means that the nominees who receive the most “For” votes cast by the holders of shares either present at the Annual Meeting or represented by proxy will be elected to our Board.
A “majority of votes cast,” with regard to each of Proposals No. 2 and No. 3 means that, to be approved, a majority of the votes cast on the proposal must be voted “For” the proposal.
In order for each of Proposal No. 4 and 5 to be approved, such proposal must receive the affirmative vote of the holders of not less than 66 2/3% of the outstanding shares of our Class A and Class B common stock, voting together as a single class. The Company has also determined to condition approval of the proposal on the affirmative vote of (1) not less than a majority of the outstanding shares of our Class A common stock, voting as a separate class; and not less than a majority of the outstanding shares of our Class B common stock, voting as a separate class (whether or not such separate class votes are required by law).

None of the proposals, including neither the Officer Exculpation Proposal nor the Supermajority Sunset Date Proposal, is conditioned upon the approval of any other proposal.
What is the impact of abstentions, withhold votes and broker non-votes?
Abstentions, withhold votes and broker non-votes are considered "shares present" for the purpose of determining whether a quorum exists, but will not be considered votes properly cast at the Annual Meeting and will have no effect on the outcome of the vote.Meeting. Under the rules of the New York Stock Exchange or NYSE,(the “NYSE”) without voting instructions from beneficial owners, brokers will have discretion to vote on the ratification of the appointment of the independent registered public accounting firm but not on any of the election of directors.other proposals at the Annual Meeting. Therefore, in order for your voice to be heard, it is important that you vote.
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Who pays for the cost of this proxy solicitation?
We will pay all the costs of preparing, mailing and soliciting the proxies. We will ask brokers, banks, voting trustees and other nominees and fiduciaries to forward the proxy materials to the beneficial owners of our common stock and to obtain the authority to execute proxies. We will reimburse them for their reasonable expenses upon request. In addition to
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Questions and Answers
mailing proxy materials, our directors, officers and employees may solicit proxies in person, by telephone or otherwise. These individuals will not be specially compensated. We have also hired Georgeson LLC to assist in the solicitation of proxies at a cost of $15,000 plus out-of-pocket expenses.
Where can I find the voting results of the Annual Meeting?
We will announce preliminary voting results at the Annual Meeting. We also will disclose voting results on a Current Report on Form 8-K that we will file with the Securities and Exchange Commission or SEC,(the “SEC”), within four business days after the Annual Meeting.
Why did I receive a Notice of Internet Availability of Proxy Materials rather than a full set of proxy materials?
In accordance with the SEC rules, we have elected to furnish our proxy materials, including this Proxy Statement and the Annual Report, primarily via the Internet rather than by mailing the materials to stockholders. The Notice of Internet Availability of Proxy Materials provides instructions on how to access our proxy materials on the Internet, how to vote, and how to request printed copies of the proxy materials. Stockholders may request to receive future proxy materials in printed form by following the instructions contained in the Notice of Internet Availability of Proxy Materials. We encourage stockholders to take advantage of the proxy materials on the Internet to reduce the costs and environmental impact of our Annual Meeting.
How can I obtain Mirion's Annual Report on Form 10-K and other financial information?
Stockholders can access our 2021 Annual Report which includes ouron Form 10-K for the year ended December 31, 2022, and other financial information, on our website at http://www.ir.mirion.com ir.mirion.com under the caption "sec-filings."SEC Filings." Information on or accessible through our website is not incorporated by reference in this Proxy Statement. Alternatively, stockholders can request without charge a paper copy of the Annual Report (excluding exhibits) by writing to: Mirion Technologies, Inc., 1218 Menlo Drive, Atlanta, GA 30318, Attention: Corporate Secretary.
I share an address with another stockholder. Why did we receive only one set of Proxy Materials?
We may satisfy SEC rules regarding delivery of our Proxy Materials,proxy materials, including our proxy statement, or delivery of the Notice of Internet Availability of Proxy Materialsproxy materials by delivering a single copy of these documents to an address shared by two or more stockholders. This process is known as householding. To the extent we have done so, we have delivered only one set of the Proxy Materialsproxy materials or one Notice of Internet Availability of Proxy Materials, as applicable, to stockholders who share an address with another stockholder, unless contrary instructions were received prior to the mailing date. We undertake to promptly deliver, upon written or oral request, a separate copy of our proxy statement, our annual report including ourAnnual Report on Form 10-K for the fiscal year ended December 31, 20212022 and/or our Notice of Internet Availability of Proxy Materials, as requested, to a stockholder at a shared address to which a single copy of these documents was delivered. To make such a request, please follow the instructions on our Notice of Internet Availability of Proxy Materials.
If your shares are held by a brokerage firm or bank and you prefer to receive separate copies of our proxy statement, our annual report including our Form 10-K for the fiscal year ended December 31, 20212022 and/or our Notice of Internet Availability of Proxy Materials, either now or in the future, please contact your brokerage firm or bank. If your brokerage firm or bank is unable or unwilling to assist you, please contact our Investor Relations department at ir@mirion.com. Stockholders sharing an address who are receiving multiple copies of the Proxy Materialsproxy materials and/or our Notice of Internet Availability of Proxy Materials may request to receive a single copy of the Proxy Materialsproxy materials and/or our Notice of Internet Availability of Proxy Materials, either now or in the future, by contacting our Investor Relations department at ir@mirion.com.
When are stockholder proposals for inclusion in our Proxy Statement for next year's annual meeting due?
Stockholders wishing to present proposals for inclusion in our Proxy Statement for the 20232024 annual meeting of stockholders (the “2023“2024 Annual Meeting”) pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), must submit their proposals so that they are received by us at our principal
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Questions and Answers workiva_angle.jpg
executive offices no later than December 21, 2023.[]. Proposals should be sent to our Corporate Secretary at 1218 Menlo Drive, Atlanta, GA 30318.

We also encourage you to submit any such proposals via email to ir@mirion.com.
When are other proposals and stockholder nominations for the 20232024 Annual Meeting due?

With respect to proposals and nominations not to be included in our Proxy Statement pursuant to Rule 14a-8 of the Exchange Act, our amendedAmended and restated bylawsRestated Bylaws (our “Bylaws”) provide that stockholders who wish to nominate a director or propose other business to be brought before the stockholders at an annual meeting of stockholders must notify our Secretary by a written notice, which notice must be received at our principal executive offices not less than 120 days nor more than 150 days prior to the first anniversary date of the immediately preceding year’s annual meeting of stockholders.
Stockholders wishing to present nominations for director or proposals for consideration at the 20232024 Annual Meeting under these provisions of our Bylaws must submit their nominations or proposals so that they are received at our principal executive offices not later than February 15, 20237, 2024 and not earlier than January 16, 20238, 2024 in order to be considered. In the event that the date of the 20232024 Annual Meeting is advanced more than 30 days prior to such anniversary date or delayed more than 70 days after such anniversary date then, to be timely, such notice must be received by the Company no earlier
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Questions and Answers
than 120 days prior to the 20232024 Annual Meeting and no later than the later of 70 days prior to the date of the 20232024 Annual Meeting or the 10th day following the day on which public announcement of the date of the 20232024 Annual Meeting was first made by the Company.
In addition, to comply with Rule 14a-19 under the Exchange Act, the SEC’s universal proxy rule, if a stockholder intends to solicit proxies in support of director nominees submitted under the advance notice bylaws for our 2024 Annual Meeting, then we must receive proper written notice that sets forth all the information required by Rule 14a-19 under the Exchange Act and our Bylaws to our principal executive officers no later than 60 calendar days prior to the anniversary date of the Annual Meeting (for the 2024 Annual Meeting, no later than April 7, 2024). However, if the 2024 Annual Meeting is called for a date that is more than 30 days before or more than 30 days after the first anniversary of this year’s annual meeting, then notice must be provided no later than the close of business on the later of the 60th day prior to the date of the 2024 Annual Meeting or the 10th day following the day on which public announcement of the date of such meeting is first made by the Company).
Nominations or proposals should be sent in writing to our Corporate Secretary at 1218 Menlo Drive, Atlanta, GA 30318. A stockholder’s notice to nominate a director or bring any other business before the Annual Meeting or the 20232024 Annual Meeting must set forth certain information, which is specified in our Bylaws. A complete copy of our Bylaws is included as Exhibit 3.2 to our Annual Report on Form 10-K for the fiscal year ended December 31, 2021.
Whom should I contact if I have additional questions?
You can contact our Investor Relations department at ir@mirion.com. Stockholders who hold their shares in street name should contact the organization that holds their shares for additional information on how to vote.
We make available, free of charge on our website, all of our filings that are made electronically with the SEC, including our Annual Reports on Form 10-K, our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K. These filings are available on the Investor Relations page of our corporate website at www.ir.mirion.com. Copies of our Annual Report on Form 10-K for the fiscal year ended December 31, 2021,2022, including financial statements and schedules and amendments thereto filed with the SEC, are also available without charge to stockholders upon written request addressed to: Mirion Technologies, Inc., 1218 Menlo Drive, Atlanta, GA 30318, Attention: Investor Relations.


Internet Availability of Proxy Materials
As permitted by the rules of the SEC, we are using the internet as a means of furnishing proxy materials to our stockholders. We believe this method will make the proxy distribution process more efficient, lower costs and help in conserving natural resources.
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Internet Availability of Proxy Materials workiva_angle.jpg
On or about [], 2023, we mailed to our stockholders a Notice of Internet Availability of Proxy Materials containing instructions on how to access our proxy materials, including this Proxy Statement and our annual report. The Notice of Internet Availability of Proxy Materials also instructs you on how to access your proxy and voting instruction card to be able to vote through the internet or by telephone. Other stockholders, in accordance with their prior requests, and employees with regular access to email have received email notification of how to access our proxy materials and vote via the internet or by telephone or have been mailed paper copies of our proxy materials and a proxy and voting instruction card.
Important Notice Regarding the Availability of Proxy Materials for the Annual Stockholders Meeting To Be Held on June 6, 2023.
This Proxy Statement and annual report are available at www.proxyvote.com.
Information and reports on our website to which we refer in this proxy statement will not be deemed a part of, or otherwise incorporated by reference into, this proxy statement.
Stockholders who hold their shares in street name should contact the organization that holds their shares for additional information on how to vote.
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Non-GAAP Financial Measuresworkiva_angle.jpg
NON-GAAP FINANCIAL MEASURESNon-GAAP Financial Measures
In addition to our results determined in accordance with generally accepted accounting principles (“GAAP”), this Proxy Statement includes certain non-GAAPwe use financial measures in this proxy statement, such as Adjusted EBITDA, Adjusted Organic Revenue Growth, and Adjusted Free Cash Flow, that we believe are usefulnot measures of financial performance under U.S. generally accepted accounting principles (GAAP), in evaluatingparticular as compensation targets and for the performance measures described herein. These non-GAAP measures should be viewed as supplements to (not substitutes for) our operating performance.results of operations and other measures reported under GAAP. Other companies may not define or calculate these non-GAAP measures in the same way.
We believe that non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Other companies, including companies in our industry, may calculate similarly titled non-GAAP measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison.
Pleas see "Pay Versus PerformanceTabular List of Performance Measures" and Appendix A reconciliation of the non-GAAP financial measures used in to this Proxy Statement for more information on these measures, including reconciliations of these measures to the closesttheir most directly comparable GAAP financial measure is included in Appendix A which is attached to this Proxy Statement.measures.
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Proposal No. 1 - Election of Directors
PROPOSAL NO. 1
ELECTION OF DIRECTORS
Our Certificate of Incorporation provides that our Board must consist of the number of directors fixed from time to time by resolution of our Board. Our Board currently consists of nine members, each of whom has served since October 2021, when we became a public company. Each director holds office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal. Each director must be elected annually by the stockholders and serves for a term ending on the date of the annual meeting of stockholders next following the annual meeting at which such director was elected.
The table below sets forth information with respect to our directors as of April 20, 2022:
NameAgePosition
Thomas D. Logan61Director, Founder and Chief Executive Officer
Lawrence D. Kingsley59Director and Chairman
Jyothsna (Jo) Natauri44Director
Christopher Warren46Director
Steven W. Etzel(1)(2)61Director
Kenneth C. Bockhorst(1)(3)49Director
Robert A. Cascella(2)(3)67Director
John W. Kuo(2)(3)58Director
Jody A. Markopoulos(1)(3)50Director

(1) Member of the Audit Committee.
(2) Member of the Compensation Committee.
(3) Member of the Nominating and Corporate Governance committee.workiva_angle.jpg
Upon the recommendation of our Nominating and Corporate Governance Committee, our Board has nominated the entire Board for re-election. Biographical information for each director and director nominee is contained in the following section. If elected at the Annual Meeting, each of these nominees will serve for a one-year term expiring at the 2023 Annual Meeting of Stockholders and until his successor has been duly elected and qualified or until his earlier death, resignation or removal. Each person nominated for election has agreed to serve if elected, and we have no reason to believe that any nominee will be unable to serve. If any nominee is not able to serve, proxies will be voted in favor of the other nominee and may be voted for a substitute nominee, unless our Board chooses to reduce the number of directors serving on our Board. Unless otherwise instructed, the proxy holders will vote the proxies received by them "FOR" the re-election of all current directors.
Director Biographies
The following is a brief biographical summary of the experience of our directors and director nominees:
Thomas D. Logan currently serves, and has served, as Mirion’s founding Chairman and Chief Executive Officer since 2005, and he has served as a member of Mirion’s Board of Directors since 2005. Prior to joining Mirion, Mr. Logan served as Chief Executive Officer for Global Dosimetry Solutions, a radiation dosimetry provider, from 2004. Prior to 2004, Mr. Logan served as President of BAF Energy, CFO of E-M Solutions and of BVP, Inc. and prior to that, held various finance leadership positions at Chevron. Mr. Logan has more than 30 years of energy industry experience, as well as extensive experience within the contract manufacturing and consumer products industries. Mr. Logan received a M.B.A. and a B.S. from Cornell University. We believe Mr. Logan’s extensive history with Mirion, as well as his business expertise, qualify him to serve on our Board of Directors.

Lawrence D. Kingsley currently serves as the independent Non-Executive Board Chair of IDEXX Laboratories, Inc., a public company, since November 2019 and as an Advisory Director to Berkshire Partners LLC, an investment company, since May 2016. Mr. Kingsley also currently serves as a Director of Polaris Industries Inc., a public company, since January 2016. Prior to joining IDEXX Laboratories, Inc., Mr. Kingsley served as Chairman of Pall Corporation fromworkiva_section_corporate_governance.jpg
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Proposal No. 1 - Election of DirectorsCorporate Governance workiva_angle.jpg
October 2013 to August 2015 and as President and Chief Executive Officer of Pall Corporation from October 2011 to August 2015 until Danaher Corporation, a public company, acquired Pall Corporation in August 2015. Before his experience at Pall Corporation, Mr. Kingsley served as the Chief Executive Officer and President of IDEX Corporation, a public company specializing in the development, design and manufacture of fluid and metering technologies, health and science technologies and fire, safety and other diversified products, from March 2005 to August 2011, and the Chief Operating Officer of IDEX Corporation from August 2004 to March 2005. Mr. Kingsley previously served as a Director of Pall Corporation from October 2011 to August 2015, Cooper Industries plc (formerly Cooper Industries Ltd.), a public company, from 2007 to 2012 and IDEX Corporation from 2005 to 2011. He was also a director of Rockwell Automation, Inc. from 2013 to 2021. Mr. Kingsley served in various positions of increasing responsibility at Danaher Corporation, including Corporate Vice President and Group Executive from March 2004 to August 2004, President of Industrial Controls Group from April 2002 to July 2004 and President of Motion Group, Special Purpose Systems from January 2001 to March 2002. Mr. Kingsley also previously held management positions of increasing responsibility at Kollmorgen Corporation and Weidmuller Incorporated. Mr. Kingsley received an undergraduate degree in Industrial Engineering and Management from Clarkson University and an M.B.A. from the College of William and Mary. We believe that Mr. Kingsley’s strong executive leadership and operational skills, in-depth knowledge of and experience in strategic planning, corporate development, and operations analysis and experience serving on other public company boards provide him with the qualifications and skills to serve on our Board of Directors.

Jyothsna (Jo) Natauri is a Partner of Goldman Sachs & Co. LLC and has served as the Global Head of Private Healthcare Investing within Goldman Sachs Asset Management since May 2018. Prior to assuming her current role, Ms. Natauri was an investment banker with Goldman Sachs for 12 years, where she led coverage of large cap companies in healthcare and other industries. She was named managing director in 2008 and partner in 2012. Ms. Natauri has served as a director on the board of Flywire Corporation since November 2020, and also serves on the boards of MyEyeDr, Sita Foundation and Safe Horizon. She previously served on the board of Avantor from November 2018 to May 2021. Ms. Natauri received a B.A. from the University of Virginia in Economics and Biology. We believe that Ms. Natauri’s experience of over 20 years in covering companies and executing transactions provides her with the qualifications and skills to serve on our Board of Directors.

Christopher Warren currently serves, and has served, as a partner at Charterhouse Capital Partners LLP since he joined in 2013. Prior to joining Charterhouse, Mr. Warren served as a partner at ECI Partners, a private equity group, from 2003 to 2013. He also served as Associate at BC Partners, an international investment firm, and as Consultant at COBA, a UK-based strategy consulting firm. Mr. Warren received a Master of Arts in Philosophy, Politics and Economics from Oxford University and an MBA from INSEAD. We believe that Mr. Warren’s extensive business experience provides him with the qualifications and skills to serve on our Board of Directors.

Steven W. Etzel has served as Senior Vice President and Chief Financial Officer of Rockwell Automation, Inc., a company focused on industrial automation and information, from November 2020 to February 2021, and subsequently as Senior Vice President, Finance of Rockwell until his retirement in April 2021. Mr. Etzel joined Rockwell in 1989 and served in various positions, including Vice President and Treasurer from 2007 to 2020 and Vice President, Finance from October 2020 to November 2020. Mr. Etzel received his Bachelor of Science degree in Business Administration from Clarion University of Pennsylvania. Mr. Etzel is a CFA® charterholder. We believe Mr. Etzel’s extensive financial and management experience, including financial reporting, internal controls, investor relations, financial planning and analysis, capital markets financing transactions, mergers and acquisitions and risk management provides him with the qualifications and skills to serve on our Board of Directors.

Kenneth C. Bockhorst currently serves as the Chairman, President and Chief Executive Officer of Badger Meter, Inc., a global provider of industry leading smart water solutions that optimize operations and enhance sustainability across a wide range of customer applications. Mr. Bockhorst joined Badger Meter in October 2017 as Chief Operating Officer, was promoted to President in April 2018, Chief Executive Officer in 2019 and Chairman of the Board in 2020. Prior to Badger Meter, he served six years at Actuant Corporation, a diversified industrial company (now named Enerpac Tool Group), most recently as Executive Vice President of the Energy segment. Prior to Actuant, he held product management and operational leadership roles at IDEX and Eaton. Mr. Bockhorst received an M.B.A. from the University of Wisconsin - Madison and a B.A. from Marian University in Operations Management, Marketing and Human Resources. We believe Mr. Bockhorst's extensive operational experience with diversified industrial companies provides him with the qualifications and skills to serve on our Board of Directors.

Robert A. Cascella effective as of December 31, 2021 retired from the position of Strategic Business Development Leader for Royal Philips, a public Dutch healthcare company and has held this position since May 2020. From April 2015 to April 2020, he served as Executive Vice President and Chief Business Leader of Philips’ Diagnosis and Treatment and Precision Diagnosis businesses. He also served on Philip’s Executive Committee from January 2016 to April 2021. Prior to Philips, Mr. Cascella served at Hologic, Inc., a public medical device and diagnostics company, from February 2003 to December 2013 as its president and later CEO. He has also held senior leadership positions at CFG Capital, NeoVision Corporation and Fischer Imaging Corporation. Mr. Cascella has served as the chair of the board of Neuronetics, Inc. since April 2021, on the board of Metabolon, Inc. since September 2020 and on the board of Celestica Inc. since April 2019, where he has also served as chair of the Compensation Committee since July 2021. He previously served on the board of Tegra Medical and acted as chair of the boards of Dysis Medical and Miranda Medical. Mr. Cascella received a B.A. in
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Proposal No. 1 - Election of Directors
accounting from Fairfield University. We believe Mr. Cascella's extensive medical device and healthcare business experience, as well as his experience serving on other public company boards, provide him with the qualifications and skills to serve on our Board of Directors.

John W. Kuo is the Chief Legal Officer of Visby Medical, a privately-held molecular diagnostic company, and has held such position since September 2021. Previously, he was the Executive Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary of Charles River Laboratories, a NYSE-listed, Fortune 1000 global contract drug research and development company, from May 2020 to September 2020. Before that, Mr. Kuo was the Senior Vice President, General Counsel and Corporate Secretary of Varian Medical Systems, a NYSE-listed, Fortune 1000 global cancer therapy/radiation therapy company, from July 2005 to May 2020. He also previously served in senior expatriate roles in Europe and Asia in the energy and high technology industries, respectively. Mr. Kuo received his J.D. from the University of California, Berkeley School of Law and his B.A. in Biology & Society from Cornell University. We believe that Mr. Kuo’s over 15 years of experience as an executive in Fortune 1000 life sciences companies, his familiarity with the radiation therapy industry, his global perspective and international market expansion experience, his deep understanding of regulated industries, his management experience in scaling global functions and his expertise in legal and corporate governance matters provide him with the qualifications and skills to serve on our Board of Directors.

Jody A. Markopoulos is currently an independent consultant. Previously, Ms. Markopoulos served as the Chief Operating Officer of Eos Energy Enterprises, Inc., a producer of low-cost battery storage solutions for the electric utility industry from March 2021 to November 2021. Previously, she spent 26 years in multiple operating leadership roles at General Electric and Baker Hughes. She served as the Chief Supply Officer at Baker Hughes, a GE company responsible for supply chain operations, from 2017 to 2018, and then as Chief Transition Officer from 2018 to 2020 responsible for executing the orderly transition from GE. At General Electric, she served as Chief Operations Officer at GE Oil & Gas from 2015 to 2017, President and CEO of GE Intelligent Platforms from 2011 to 2014 and as Vice President of Sourcing at GE Energy from 2005 to 2011. Ms. Markopoulos received a B.S. in Interdisciplinary Engineering and Management from Clarkson University. We believe Ms. Markopoulos’s experience as an operating executive qualifies her to serve as a director on our Board of Directors.


The Board recommends a vote "FOR" the election of Lawrence D. Kingsley, Thomas D. Logan, Kenneth C. Bockhorst, Robert A. Cascella, Steven W. Etzel, John W. Kuo, Jody A. Markopoulos, Jyothsna (Jo) Natauri and Christopher Warren.

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Corporate Governance
CORPORATE GOVERNANCE
Board of Directors Leadership Structure
Our business and affairs are organized under the direction of the Board of Directors.Board. Our Board recognizes that our success over the long term requires a robust and balanced governance framework and elected to maintain a separation between the positions of Chairman of the Board and CEO. In addition, because our Chairman is not independent, our Board of Directors adopted new Corporate Governance Guidelines that provide for thea position of Lead Independent Director. Currently, Lawrence D. Kingsley is the Chairman of our Board, Thomas D. Logan is our CEO, and our Board of Directors appointed John W. Kuo asKenneth C. Bockhorst is our Lead Independent Director.

The primary responsibilities of the Board of Directors are to provide oversight, strategic guidance, counseling and direction to management. The Board of Directors meets on a regular scheduled basis and also as required. Our Board regularly holds separate executive session meetings for independent directors without management present. These meetings are generally held in conjunction withpresent at the end of regularly scheduled Board meetings.

We believe this leadership structure is best for our company and our stockholders at this time. We believetime, that there is good communication between management and our non-employee directors, and that our non-employee directors are able to carry out their oversight responsibilities effectively. The relatively small size of our Board and the relationship between management and non-employee directors put each director in a position to influence agendas, flow of information, and other matters.

Board Refreshment and Succession Planning
Our Board has delegated to our Nominating and Corporate Governance Committee the responsibility to recommend nominees for election as directors at the annual meeting of stockholders and to fill any vacancy on our Board in accordance with its charter and our Corporate Governance Guidelines. To ensure it selects candidates who will contribute to Board effectiveness and the continued fulfillment of our purpose, our Nominating and Corporate Governance Committee actively plans for Board succession and refreshment throughout the year. The Nominating and Corporate Governance Committee considers the results of our annual Board self-assessment and evaluates the Board’s composition and each director’s skill set to determine how directors' and candidates' capabilities, skills and experiences align with the long-term needs of our Board.
Board Qualifications
Our Board has delegated to our Nominating and Corporate Governance Committee the responsibility for recommending to our Board the nominees for election as directors at the annual meeting of stockholders and for recommending persons to fill any vacancy on our Board. Our Nominating and Corporate Governance Committee selects individuals for nomination to our Board based on the following criteria. Nominees for director must:
Possess fundamental qualities of intelligence, honesty, perceptiveness, good judgment, maturity, high ethics and standards, integrity, fairness and responsibility.
Have a genuine interest in Mirion and recognition that as a member of our Board, each director is accountable to all of our stockholders, not to any particular interest group.
Have a background that demonstrates an understanding of business and financial affairs.
Have no conflict of interest or legal impediment that would interfere with the duty of loyalty owed to Mirion and our stockholders.
Have the ability and be willing to spend the time required to function effectively as a director.
Be compatible and able to work well with other directors and executives in a team effort with a view to a long-term relationship with Mirion as a director.
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Corporate Governance workiva_angle.jpg
Have independent opinions and be willing to state them in a constructive manner.
Directors are selected on the basis of talent and experience. Diversity of background, including diversity of gender, race, ethnicethnicity, age, sexual orientation, gender identity or geographic origin, and age, and experience in business, management, industrial or healthcare sectors, computer software, and other areas relevant to our activities are other factors in the selection process.process and our Corporate Governance Guidelines accordingly reflect that the Nominating and Corporate Governance Committee endeavor to include in its initial list for any vacancy on the Board one or more qualified candidates who reflect diverse backgrounds and broader experience and skill sets to those of the Board. As a majority of our Board must consist of individuals who are independent, a nominee's ability to meet the independence criteria established by the NYSE is also a factor in the nominee selection process.
In addition, we are a party to a director nomination agreement with certain entities affiliated with Charterhouse and a director nomination agreement with the Sponsor that provide Charterhouse with the right to nominate one director to our Board and the Sponsor to nominate two directors to our Board, subject to certain fallaway provisions. See “Certain Relationships and Related Transactions — Director Nomination Agreements” for more information.
For a better understanding of the qualifications of each of our directors, we encourage you to read their biographies set forth in this proxy statement.
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Corporate Governance
Director NominationsNomination Process
The Nominating and Corporate Governance Committee will consider candidates for directordirectors recommended by stockholders so long as the recommendations comply with the requirements of our Amended and Restated Certificate of Incorporation, andour Bylaws and applicable laws, rules and regulations, including those promulgated by the SEC. The Nominating and Corporate Governance Committee will evaluate such recommendations in accordance with its charter, our Bylaws, our corporate governance guidelines,against those requirements and the regular boardother Board qualifications criteria described above. We
In addition, we are committeda party to diversitya director nomination agreement with GS Sponsor II LLC ("the Sponsor"), the former sponsor of GSAH and inclusion,an affiliate of The Goldman Sachs Group, Inc. and a director nomination agreement with certain entities affiliated with Charterhouse Capital Partners (“Charterhouse”) that provide the diverse nature ofSponsor the right to nominate two directors to our Board reflectsand that commitment. We believe that a varietyprovide Charterhouse with the right to nominate one director to our Board, subject to certain fallaway provisions. See “Certain Relationships and Related Party Transactions — Director Nomination Agreements” for more information.
Stockholders Recommendation and Nomination of experiences and points of view contributes to a more effective decision-making process. Directors
Stockholders wishing to recommend a candidate for nomination should submit the name of the candidate to our Corporate Secretary at our principal executive offices, together with biographical information and background material sufficient for the Nominating and Corporate Governance Committee to evaluate the recommended candidate based on its selection criteria described under "Corporate Governance — Board Qualifications," and a statement as to whether the stockholder or group of stockholders making the recommendation has beneficially owned more than 5% of our common stock for at least a year as of the date the recommendation is made. Assuming that appropriate biographical and background material has been provided on a timely basis, the Governance and Corporate Responsibility Committee will apply the same criteria, and follow substantially the same process, in considering each qualifying stockholder recommendation as it does in considering other candidates.
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Corporate Governance workiva_angle.jpg
Diversity, Skills and Experience on our Board
We believe that diversity on our Board, including but not limited to gender, racial, ethnic, and age diversity, as well as a variety of skills and experiences, helps drive innovation and a better understanding of our stakeholders and contributes to a more effective decision-making process.
The Nominating and Corporate Governance Committee actively seeks out and includes highly-qualified and diverse candidates (including women and persons with racially or ethnically diverse backgrounds) in the pool of potential Board nominees in accordance with our Corporate Governance Guidelines.
The below Board Diversity and Skills and Experience Summary reports self-identified diversity, skills and experience statistics for the Board.
Board Diversity Matrix and Skills and Experience Summary (number of director candidates with skill/experience):
Kenneth C. BockhorstRobert A. CascellaSteven W. EtzelLawrence D. KingsleyJohn W. KuoThomas D. LoganJody A. MarkopoulosJyothsna NatauriSheila Rege
Age506862605962514557
Tenure (years)1.51.51.51.51.51.51.51.50.7
Independent111111
Diversity-Gender(1)
111
Diversity-Race/Ethnicity(2)
111

Public Company Leadership ●●●●●●●○○
Finance/Accounting
●●●●●●○○○
Capital Markets
●●●●●●○○○
M&A
●●●●●●●●○
Industrial/Nuclear Power Industry
●●●●●○○○○
Medical Device
●●●●○○○○○
Sales & Marketing, incl. Int'l Markets
●●●●●●●○○
Software/Cybersecurity
●●●●●○○○○
ESG/Climate
●●●●○○○○○
(1) The Board's definition of Gender Diversity includes any gender self-identification other than male.
(2) The Board's definition of Racial/Ethnic Diversity includes any race/ethnic self-identification as Black, African American, North African, Middle Eastern, Hispanic, Latino, Asian, Pacific Islander, Native American, Native Hawaiian or Alaskan Native.

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Proposal No. 1 - Election of Directors workiva_angle.jpg
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Proposal No. 1 - Election of Directors workiva_angle.jpg
Proposal No. 1
Election of Directors
Our Amended and Restated Certificate of Incorporation provides that our Board must consist of the number of directors fixed from time to time by resolution of our Board. Our Board currently consists of nine (9) members, each of whom, other than Sheila Rege, has served since October 2021, when we became a public company. Ms. Rege joined our Board in September 2022. Each director holds office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal. Each director must be elected annually by the stockholders and serves for a term ending on the date of the annual meeting of stockholders next following the annual meeting at which such director was elected.
The table below sets forth information with respect to our directors as of April 1, 2023:
NameAgePosition
Thomas D. Logan62Director, Founder and Chief Executive Officer
Lawrence D. Kingsley60Director and Chairman
Kenneth C. Bockhorst(1)(3)
50Director and Lead Independent Director
Robert A. Cascella(2)(3)
68Director
Steven W. Etzel(1)(2)
62Director
John W. Kuo(2)(3)
59Director
Jody A. Markopoulos(1)(3)
51Director
Jyothsna (Jo) Natauri45Director
Sheila Rege(1)(2)
57Director

(1) Member of the Audit Committee.
(2) Member of the Compensation Committee.
(3) Member of the Nominating and Corporate Governance committee.
Upon the recommendation of our Nominating and Corporate Governance Committee, our Board has nominated the entire Board for re-election. Biographical information for each director and director nominee is contained in the following section. If elected at the Annual Meeting, each of these nominees will serve for a one-year term expiring at the 2024 Annual Meeting of Stockholders and until his or her successor has been duly elected and qualified or until his or her earlier death, resignation or removal. Each person nominated for election has agreed to serve if elected, and we have no reason to believe that any nominee will be unable to serve. If any nominee is not able to serve, proxies will be voted in favor of the other nominee and may be voted for a substitute nominee, unless our Board chooses to reduce the number of directors serving on our Board. Unless otherwise instructed, the proxy holders will vote the proxies received by them "FOR" the re-election of all current directors.

Certain Stockholder Rights to Nominate Directors
In addition, we are a party to a director nomination agreement with GS Sponsor II LLC (the "Sponsor") and a director nomination agreement with certain entities affiliated with Charterhouse that provide the Sponsor with the right to nominate two directors to our Board and that provide Charterhouse with the right to nominate one director to our Board, subject to certain fallaway provisions. Charterhouse has not exercised its nomination right with respect to any directors nominated for election at the Annual Meeting. The Sponsor has exercised its nomination right with respect to our Chairman, Mr. Kingsley, and Ms. Natauri. See “Certain Relationships and Related Party Transactions—Director NominationAgreements” for more information.
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VOTE REQUIRED
For the election of directors, the nominees receiving a plurality of the votes (the most “FOR” votes) from the holders of shares of our Class A common stock and Class B common stock, voting together as a single class, present at the Annual Meeting or represented by proxy and entitled to vote on the election of directors will be elected as directors to hold office until the 2024 Annual Meeting and until their respective successors are duly elected and qualified, or, if sooner, until the director’s death, resignation or removal. Withhold votes and broker non-votes will have no effect on the election of directors.
The Board recommends a vote "FOR" the election of Lawrence D. Kingsley, Thomas D. Logan, Kenneth C. Bockhorst, Robert A. Cascella, Steven W. Etzel, John W. Kuo, Jody A. Markopoulos, Jyothsna (Jo) Natauri and Sheila Rege.
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Director Biographies
The following is a brief biographical summary of the experience of our directors and director nominees:
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Thomas D. Logan currently serves, and has served, as Mirion’s founding Chairman and Chief Executive Officer since 2005, and he has served as a member of Mirion’s Board of Directors since 2005. Prior to joining Mirion, Mr. Logan served as Chief Executive Officer for Global Dosimetry Solutions, a radiation dosimetry provider, from 2004. Prior to 2004, Mr. Logan served as President of BAF Energy, CFO of E-M Solutions and of BVP, Inc. and prior to that, held various finance leadership positions at Chevron. Mr. Logan has more than 30 years of energy industry experience, as well as extensive experience within the contract manufacturing and consumer products industries. Mr. Logan received a M.B.A. and a B.S. from Cornell University. We believe Mr. Logan’s extensive history with Mirion, as well as his business expertise, qualify him to serve on our Board of Directors.
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Lawrence D. Kingsley currently serves as the independent Non-Executive Board Chair of IDEXX Laboratories, Inc., a public company, since November 2019 and as an Advisory Director to Berkshire Partners LLC, an investment company, since May 2016. Mr. Kingsley also currently serves as a Director of Polaris Industries Inc., a public company, since January 2016. Prior to joining IDEXX Laboratories, Inc., Mr. Kingsley served as Chairman of Pall Corporation from October 2013 to August 2015 and as President and Chief Executive Officer of Pall Corporation from October 2011 to August 2015 until Danaher Corporation, a public company, acquired Pall Corporation in August 2015. Before his experience at Pall Corporation, Mr. Kingsley served as the Chief Executive Officer and President of IDEX Corporation, a public company specializing in the development, design and manufacture of fluid and metering technologies, health and science technologies and fire, safety and other diversified products, from March 2005 to August 2011, and the Chief Operating Officer of IDEX Corporation from August 2004 to March 2005. Mr. Kingsley previously served as a Director of Pall Corporation from October 2011 to August 2015, Cooper Industries plc (formerly Cooper Industries Ltd.), a public company, from 2007 to 2012 and IDEX Corporation from 2005 to 2011. He was also a director of Rockwell Automation, Inc. from 2013 to 2021. Mr. Kingsley served in various positions of increasing responsibility at Danaher Corporation, including Corporate Vice President and Group Executive from March 2004 to August 2004, President of Industrial Controls Group from April 2002 to July 2004 and President of Motion Group, Special Purpose Systems from January 2001 to March 2002. Mr. Kingsley also previously held management positions of increasing responsibility at Kollmorgen Corporation and Weidmuller Incorporated. Mr. Kingsley received an undergraduate degree in Industrial Engineering and Management from Clarkson University and an M.B.A. from the College of William and Mary. Mr. Kingsley was designated as a nominee to the Board by the Sponsor, an affiliate of Goldman Sachs & Co. LLC, pursuant to a director nomination agreement. See "Certain Relationships and Related Party Transactions - Director Nomination Agreements" for more information.
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We believe that Mr. Kingsley’s strong executive leadership and operational skills, in-depth knowledge of and experience in strategic planning, corporate development, and operations analysis and experience serving on other public company boards provide him with the qualifications and skills to serve on our Board of Directors.
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Jyothsna (Jo) Natauri is a Partner of Goldman Sachs & Co. LLC and has served as the Global Head of Private Healthcare Investing within Goldman Sachs Asset Management since May 2018. Prior to assuming her current role, Ms. Natauri was an investment banker with Goldman Sachs for 12 years, where she led coverage of large cap companies in healthcare and other industries. She was named managing director in 2008 and partner in 2012. Ms. Natauri has served as a director on the board of Flywire Corporation from November 2020 until January 2023, and also serves on the boards of MyEyeDr, Parexel, MDVIP, Sita Foundation and Safe Horizon. She also serves on the Board of Trustees for Ethical Culture Fieldston School. She previously served on the board of Avantor from November 2018 to May 2021. Ms. Natauri received a B.A. from the University of Virginia in Economics and Biology. Ms. Natauri was designated as a nominee to the Board by the Sponsor, an affiliate of Goldman Sachs & Co. LLC, pursuant to a director nomination agreement. See "Certain Relationships and Related Party Transactions - Director Nomination Agreements" for more information. We believe that Ms. Natauri’s experience of over 20 years in covering companies and executing transactions provides her with the qualifications and skills to serve on our Board of Directors.
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Steven W. Etzel has served as Senior Vice President and Chief Financial Officer of Rockwell Automation, Inc., a company focused on industrial automation and information, from November 2020 to February 2021, and subsequently as Senior Vice President, Finance of Rockwell until his retirement in April 2021. Mr. Etzel joined Rockwell in 1989 and served in various positions, including Vice President and Treasurer from 2007 to 2020 and Vice President, Finance from October 2020 to November 2020. Mr. Etzel received his Bachelor of Science degree in Business Administration from Clarion University of Pennsylvania and earned a CERT Certificate in the Cyber-Risk Oversight Program from the National Association of Corporate Directors. Mr. Etzel is a CFA® charterholder. We believe Mr. Etzel’s extensive financial and management experience, including financial reporting, internal controls, investor relations, financial planning and analysis, capital markets financing transactions, mergers and acquisitions and risk management provides him with the qualifications and skills to serve on our Board of Directors.

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Kenneth C. Bockhorst currently serves as the Chairman, President and Chief Executive Officer of Badger Meter, Inc., a global provider of industry leading smart water solutions that optimize operations and enhance sustainability across a wide range of customer applications. Mr. Bockhorst joined Badger Meter in October 2017 as Chief Operating Officer, was promoted to President in April 2018, Chief Executive Officer in 2019 and Chairman of the Board in 2020. Prior to Badger Meter, he served six years at Actuant Corporation, a diversified industrial company (now named Enerpac Tool Group), most recently as Executive Vice President of the Energy segment. Prior to Actuant, he held product management and operational leadership roles at IDEX and Eaton. Mr. Bockhorst received an M.B.A. from the University of Wisconsin - Madison and a B.A. from Marian University in Operations Management, Marketing and Human Resources. We believe Mr. Bockhorst's extensive operational experience with diversified industrial companies provides him with the qualifications and skills to serve on our Board of Directors.
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Robert A. Cascella retired from the position of Strategic Business Development Leader for Royal Philips, a public Dutch healthcare company effective as of December 31, 2021. He had held this position since May 2020. From April 2015 to April 2020, he served as Executive Vice President and Chief Business Leader (CEO) of Philips’ Diagnosis and Treatment and Precision Diagnosis businesses. He also served on Philip’s Executive Committee from January 2016 to April 2021. Prior to Philips, Mr. Cascella served at Hologic, Inc., a public medical device and diagnostics company, from February 2003 to December 2013 as its president and later CEO. He has also held senior leadership positions at CFG Capital, NeoVision Corporation and Fischer Imaging Corporation. Mr. Cascella has served on the board of Koru Medical Systems since June 2022, as the chair of the board of Neuronetics, Inc. since April 2021, on the board of Metabolon, Inc. since September 2020 and on the board of Celestica Inc. since April 2019, where he has also served as chair of the Compensation Committee since July 2021. Mr. Cascella received a B.A. in accounting from Fairfield University. We believe Mr. Cascella's extensive medical device and healthcare business experience, as well as his experience serving on other public company boards, provide him with the qualifications and skills to serve on our Board of Directors.

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John W. Kuo was the Chief Legal Officer of Visby Medical, a privately held molecular diagnostic company from September 2021 until his retirement in October 2022. Previously, he was the Executive Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary of Charles River Laboratories, a NYSE-listed, Fortune 1000 global contract drug research and development company, from May 2020 to September 2020. Before that, Mr. Kuo was the Senior Vice President, General Counsel and Corporate Secretary of Varian Medical Systems, a NYSE-listed, Fortune 1000 global cancer therapy/radiation therapy company, from July 2005 to May 2020. He also previously served in senior expatriate roles in Europe and Asia in the energy and high technology industries, respectively. Mr. Kuo received his J.D. from the University of California, Berkeley School of Law and his B.A. in Biology & Society from Cornell University. We believe that Mr. Kuo’s over 15 years of experience as an executive in Fortune 1000 life sciences companies, his familiarity with the radiation therapy industry, his global perspective and international market expansion experience, his deep understanding of regulated industries, his management experience in scaling global functions and his expertise in legal and corporate governance matters provide him with the qualifications and skills to serve on our Board of Directors.
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Jody A. Markopoulos is currently an independent consultant. Previously, Ms. Markopoulos served as the Chief Operating Officer of Eos Energy Enterprises, Inc., a provider of battery storage solutions for the electric utility industry from March 2021 to November 2021. Previously, she spent 26 years in multiple operating leadership positions at General Electric and Baker Hughes. She served as Chief Supply Chain Officer at Baker Hughes, a GE company at the inception of the newly merged public company, responsible for manufacturing and supply chain operations, from 2017 to 2018, and then as Chief Transition Officer from 2018 to 2020, responsible for executing the orderly transition from GE. At General Electric, she served as Chief Operations Officer at GE Oil & Gas from 2015 to 2017, President and CEO of GE Intelligent Platforms, an industrial automation, controls and software company from 2011 to 2014, and as Vice President of Sourcing at GE Energy from 2005 to 2011. Ms. Markopoulos has served as a board director at White Cap since September 2022 and is a member of their audit and compensation committees. Ms. Markopoulos received a B.S. in Interdisciplinary Engineering and Management from Clarkson University. We believe Ms. Markopoulos’s over 25 years of experience in the energy sector and power generation industry, including nuclear power, and her deep operating executive experience, provide her with the qualifications and skills to serve on our Board of Directors.

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Dr. Sheila Rege is a board-certified radiation oncologist and the Founder and former Chief Executive Officer of Northwest Cancer Clinic, a provider of radiation oncology and nuclear medicine services, which opened in 2012. From 2007 to 2019, Dr. Rege sat on the Board of Directors of Physicians Insurance, serving as the Chair of the Nominating Committee and a member of the Compensation, Executive and CEO Succession Committees. Dr. Rege, a Washington State University (WSU) faculty member, has received recognitions including the American College of Radiation Oncology (ACRO) 2023 Gold Medal Award, American Medical Association Inspiration Award in 2021, the Private Company Boardroom 2022 “Directors to Watch,” The ACRO 2022 Sucha Asbell Mentorship Award, and has been recognized as a “Top Oncologist” by the Consumer Research Council of America in 2012. Dr. Rege earned a CERT Certificate in the Cyber-Risk Oversight Program from the National Association of Corporate Directors. Dr. Rege received her B.A. from the University of California, Berkeley, and her M.D. from the University of California, Los Angeles. We believe Dr. Rege’s extensive radiation oncology and healthcare business experience qualify her to serve on our Board of Directors.
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Corporate Governance Framework
We are proud of our commitment to sound corporate governance and high ethical standards, and we believe that this commitment has contributed to our success in building long-term value for our stockholders and other stakeholders by:
Strengthening Board and management accountability and effectiveness;
Promoting alignment with the long-term interests of our stockholders and other stakeholders; and
Helping to maintain our stockholders’ and other stakeholders’ trust in our Company.
Our corporate governance framework includes our corporate governance documents and practices, it provides the structure that enables our Board to provide effective oversight and counsel for the Company.
Governance Documents
We believe that good corporate governance is important to ensure that Mirion is managed for the long-term benefit of our stockholders. Our Nominating and Corporate Governance Committee will periodically review and reassess our Corporate Governance Guidelines and overall governance structure. Complete copies of our current Board committee charters and our Corporate Governance Guidelines and our Code of Business Conduct and Ethics are available on our investor relations website, at ir.mirion.com/corporate-governance/governance-documents. We will post any amendments on the same website. Information on, or accessible through, our website is not incorporated by reference in this Proxy Statement.
Code of Ethics and Business Conduct
We have adopted a Code of Ethics and Business Conduct that applies to all of our employees, officers, and directors, including our Chief Executive Officer, Chief Financial Officer, and other executive and senior financial officers. We also maintain separate versions of our Code of Ethics and Business Conduct that apply to our channel partners and suppliers. The full text of our Company Code of Ethics and Business Conduct is available on the investor relations page on our website at ir.mirion.com/corporate-governance/governance-documents. The supplier version of our Code of Conduct is available on the legal page of our website at mirion.com/legal. We will post any amendments to the different versions of our Code of Ethics and Business Conduct at the same website locations. Information on, or accessible through, our website is not incorporated by reference in this Proxy Statement.
Prohibition on Hedging and Stock Pledging
Hedging or monetization transactions can be accomplished through a number of possible mechanisms, including through the use of financial instruments such as prepaid variable forwards, equity swaps, collars and exchange funds. Hedging transactions may permit a director, officer or employee to continue to own our securities obtained through employee benefit plans or otherwise, but without the full risks and rewards of ownership. When that occurs, the director, officer or employee may no longer have the same objectives as our other stockholders. Therefore, directors, officers and employees are prohibited by our Insider Trading Policy from engaging in any such transactions.
In addition, pledged securities may be sold by the pledgee without the pledgor’s consent under certain conditions. For example, securities held in a margin account may be sold by a broker without the customer’s consent if the customer fails to meet a margin call. Because such a sale may occur at a time when an employee or a director has material inside information or is otherwise not permitted to trade in Company securities, the Company prohibits employees, officers and directors from pledging Company securities in any
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circumstance, including by purchasing Company securities on margin or holding Company securities in a margin account. As of the record date, there are no outstanding pledges by any Company officers or directors.
Stockholder Communication and Outreach
We value the views of our stockholders and believe that building positive relationships with our stockholders is critical to our long-term success. It allows us to convey our strategy for long-term value creation and sustainable financial performance. It also helps us to understand what is top-of-mind for our stockholders. We engage with stockholders through phone calls, attendance at investor conferences, fireside chats, and individual meetings both in-person or virtual. In 2022, our management team met with representatives from many of our top institutional shareholders through those venues and engaged with stockholders on topics as varied as our business strategy, financial performance, investment in research and development, executive compensation, governance and sustainability matters. We routinely report to the Board on the substance and nature of these stockholder discussions.
We also provide additional avenues for our stockholders and other investor constituencies to communicate with us. Written communications may be submitted to ir@mirion.com, or by writing to Mirion Technologies, Inc., 1218 Menlo Drive, Atlanta, GA 30318 Attention: Investor Relations.
Environmental, Social and Governance (ESG)
With the support and oversight of our Board, we continue to promote principled standards of sustainability and corporate responsibility. They are core to our culture and reflected in our ESG activities and progress.
Environmental - Corporate Sustainability
Our mission is to harness our unrivaled knowledge of ionizing radiation for the greater good of humanity. Underlying that mission is our core belief that nuclear technologies will play a critical role in the transition to clean energy and providing innovative healthcare solutions to aging populations. Our industrial products and services protect people, property and the environment from the potentially harmful effects of ionizing radiation, specifically when utilized in electric energy production. Our medical products, including software, and services find applications in nuclear medicine, radiation therapy and imaging diagnostics. They support and enhance life saving medical procedures for patients and otherwise ensure the protection of the healthcare providers that administer them.
Looking inward, we are committed to create positive change through sustainable and responsible operations. All Company sites strive for safety, quality, delivery, and cost targets down to the product level. To ensure the operations required to develop our solutions continue to improve their standards, we are planning to start monitoring and collecting energy consumption data at each of our facilities to identify areas of improvement and implement energy-saving initiatives.
Social - Human Capital, Supply Chain and Human Rights
We are committed to our employees and aim to be an employer of choice in all industries in which we operate. We seek to attract, engage, develop and retain talented employees who are aligned with and passionate about our mission and our values (Integrity, Commitment, Accountability, Innovation and Respect).
We seek to continuously improve our inclusive, ethical culture and foster Diversity, Equity and Inclusion ("DEI") by supporting a diversity of backgrounds, experiences and perspectives in our workforce and promoting an engaging workplace that encourages participation and inclusion for all employees. To promote DEI, we conduct regular workplace harassment and diversity and inclusion training for all employees. We also organize regular employee engagement surveys to collect feedback, better understand and improve employees' experiences and identify opportunities to strengthen our culture. Our DEI strategy also extends all the way to the Board level, please see "Diversity, Skills and Experience on our Board".
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We are always looking inward to ensure a supportive environment for all of our employees and provide locally competitive compensation and benefits and promote growth and development opportunities. Our compensation programs, practices and policies reflect our commitment to reward short- and long-term performance. The professional development of our employees is critical to our Company success and we provide employees with a wide range of development opportunities, including but not limited to mentoring, product and sales training, as well as compliance training including on the topics of cybersecurity and workplace safety. Recently we implemented a Volunteer Time Off Program and a Parental Leave Policy for U.S. employees, we also published global mental health resources for all employees.
As a company that manufactures devices to keep others safe, we place great focus on the safety of our own employees. Safety is a key consideration in our manufacturing processes. All facilities are expected to comply with local safety laws and regulations. Additionally, each site maintains comprehensive safety programs, including corrective action processes and emergency response plans.
We launched a Supplier Code of Conduct to flow through to our vendors our expectation that they operate in a socially and environmentally friendly manner, in compliance with our own Code of Ethics and Business Conduct. Our new Supplier Code of Conduct built upon our pre-existing Statement on Modern Slavery and Human Trafficking targeting slavery, forced labor, child labor and other forms of human trafficking and human rights violations. It added prohibitions against unfair wages or unsafe working conditions and other unethical business practices, including with regard to the procedures set forthenvironment, and offer a channel for supplier workers or other interested parties to report concerns or violations directly to us.
Governance - Corporate Governance and Ethics
We are committed to sound and ethical governance practices that benefit all of our constituencies, including our stockholders, employees, customers and other business partners. Our Board has adopted Corporate Governance Guidelines that provide an effective framework for Board oversight. Our Nominating and Corporate Governance Committee regularly assesses the corporate governance regulatory landscape, including policy developments of proxy advisory firms, to identify emerging best practices that could benefit our Company if implemented, thereby enhancing the creation of long term stockholder value.
As a result of such work, the Nominating and Corporate Governance Committee has recommended, and the Board has approved, the following corporate governance and ethics related improvements since the Company became public:
Adopting a Stock Ownership Policy (See "Other Compensation Governance Practices - Stock Ownership Policy")
Adopting a Clawback policy (See "Other Compensation Governance Practices - Clawback Policy")
Appointing a Lead Independent Director
Adopting and publishing a Supplier Code of Conduct to flow through to our vendors the tenets of our Company Code of Ethics and Business Conduct and augment our prior Statement on Modern Slavery and Human Trafficking
Amending the Charter of the Nominating and Corporate Governance Committee to give such committee oversight of Environment, Social and Governance matters, including with regard to climate change risk (See "Board Oversight of ESG Matters")
Amending the Charter of the Audit Committee to give such committee oversight of cybersecurity risk (See "BoardOversight of Cybersecurity Risk Management")
Amending our Corporate Governance Guidelines to provide that the Board will endeavor to include in its initial list for any vacancy on the section above entitled "QuestionsBoard one or more qualified candidates who reflect diverse backgrounds (in terms of gender, race, ethnicity, age, sexual orientation, gender identity or geographic origin), and Answers on Meetingbroader experience and Voting - When are other proposals and stockholder nominations forskill sets to those of the 2023 Annual Meeting due?"Board.

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Role of Board in Risk Oversight
Our Board has extensive involvement in the oversight of risk management related to us and our business and accomplishes this oversight through the regular reporting to the Board by the Audit Committee. The Audit Committee represents the Board by periodically reviewing our accounting, reporting and financial practices, including the integrity of our financial statements, the monitoring of administrative and financial controls and our compliance with legal and regulatory requirements. Through its regular meetings with management, including the finance, legal, internal audit and information technology functions, the Audit Committee reviews and discusses all significant areas of our business and summarizes for our Board all areas of risk and the appropriate mitigating factors. In addition, our Board receives periodic detailed operating performance reviews from management.


Board Meetings and Committees
The closing of the Business Combination occurred on October 20, 2021 and our Board met two times during 2021. Our Board has an Audit Committee, a Compensation Committee and a Nominating and Corporate Governance Committee, each of which has the composition and responsibilities described below. Members serve on these committees until their resignation or until otherwise determined by the Board. Each committee is governed by a written charter. In 2021, each director attended at least 75% of the meetings of the Board and the committees on which they serve. Each committee charter is posted on our website at http://ir.mirion.com/corporate-governance. From time to time, our Board may also establish other, special committees when necessary to address specific issues.issues and any changes are communicated to stockholders by posting them on the Company's website. Information or, or accessible through, our website is not incorporated by reference in this Proxy Statement.

Our Board met six times during 2022 and, each director attended at least 75% of the Board and committee meetings on which they serve. Directors are encouraged to attend the annual stockholders' meeting and all Company directors attended the 2022 annual stockholder meeting.
Audit Committee

Our Board’s Audit Committee met one timesix times in 2021.2022. Our Audit Committee consists of Steven W. Etzel, Kenneth C. Bockhorst, and Jody A. Markopoulos, and Sheila Rege, with Steven W. Etzel serving as the chair of the committee. Our Board has determined that Steven W. Etzel, Kenneth C. Bockhorst, and Jody A. Markopoulos and Sheila Rege are “independent” as defined under applicable NYSE listing standards, including the standards specific to members of an Audit Committee, and Rule 10A-3 of the Exchange Act, and are financially literate.


Our Board has also determined that Steven W. Etzel qualifies as an Audit Committee financial expert within the meaning of SEC regulations and meetshas accounting and financial management expertise with the financial sophistication requirementsmeaning of the NYSE listing rules. In making this determination, our Board considered Steven W. Etzel’s formal education and previous and current experience in financial and accounting roles. Our independent registered public accounting firm and management periodically will meetmeets privately with the Audit Committee.

The Audit Committee is responsible for, among other things:


appointing, compensating, retaining, evaluating, terminating and overseeing our independent registered public accounting firm;
discussing with our independent registered public accounting firm their independence;
reviewing with our independent registered public accounting firm the scope and results of their audit;
approving all audit and permissible non-audit services to be performed by our independent registered public accounting firm;
overseeing the financial reporting process and discussing with management and our independent registered public accounting firm the interim and annual financial statements that we file with the SEC;
reviewing our policies on risk assessment and risk management;
reviewing related party transactions;
designing and implementing the internal audit function;our management of cybersecurity risks;
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reviewing related party transactions;
designing and implementing the internal audit function;
overseeing our financial and accounting controls and compliance with legal and regulatory requirements; and
establishing procedures for the confidential anonymous submission of concerns regarding questionable accounting, internal controls or auditing matters.

Compensation Committee

Our Board’s Compensation Committee met one timefive times in 2021.2022. Our Compensation Committee consists of Robert A. Cascella, Steven W. Etzel, and John W. Kuo and Sheila Rege, with Robert A. Cascella serving as the chair of the committee. Robert A. Cascella, Steven W. Etzel, and John W. Kuo and Sheila Rege are non-employee directors, as defined in Rule 16b-3 promulgated under the Exchange Act. Our Board has determined that Robert A. Cascella, Steven W. Etzel, and John W. Kuo and Sheila Rege are “independent” as defined under applicable NYSE listing standards, including the standards specific to members of a Compensation Committee.

The Compensation Committee is responsible for, among other things:

determining, or recommending to our Board for determination, the compensation of our executive officers, including the chief executive officer;
administering our equity compensation plans;
overseeing our overall compensation policies and practices, compensation plans, and benefits programs; and
appointing and overseeing any compensation consultants.

We believe that the composition and functioning of the Compensation Committee meets the requirements for independence under applicable NYSE listing standards.


Nominating and Corporate Governance Committee

Our Board’s Nominating and Corporate Governance Committee met one timefour times in 2021.2022. Our Nominating and Corporate Governance Committee consists of John W. Kuo, Kenneth C. Bockhorst, Robert A. Cascella and Jody A. Markopoulos, with John W. Kuo serving as the chair of the committee. Our Board has determined that each of these individuals is “independent” as defined under applicable SEC rules and NYSE listing standards.

The Nominating and Corporate Governance Committee is responsible for, among other things:

evaluating and making recommendations regarding the composition, organization and governance of our Board and its committees;
recommend criteria for the selection of candidates to the Board and lead searches for, and recommend director nominees to the Board, consistent with such criteria;
reviewing and making recommendations to the Board as to determinations of director independence;
reviewing and making recommendations with regard to our corporate governance guidelines and compliance with laws and regulations;
Environmental, Social and Governance ("ESG") oversight;oversight, including climate risk management; and
spearheading an evaluation of our Board and its committees.

We believe that the composition and functioning of the Nominating and Corporate Governance Committee meets the requirements for independence under current NYSE listing standards.

The audit, compensation,Audit, Compensation, and Nominating and Corporate Governance Committees each operate under a written charter that satisfies the applicable rules and regulations of NYSE and the SEC.

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We have posted the charters of our Board’s audit, compensationAudit, Compensation and Nominating and Corporate Governance Committees, and we intend to post any amendments thereto that may be adopted from time to time, on our website at https://ir.mirion.com/corporate-governance/governance-documents.governance-documents. Our Board may from time to time establish other committees.

Information on, or accessible through, our website is not incorporated by reference in this Proxy Statement.
Lead Independent Director

Our independent directors have appointed John W. KuoKenneth Bockhorst as Lead Independent Director. The Lead Independent Director position includes the following responsibilities:

lead the executive sessions of the independent directors;
serve as a liaison between the Chair of the Board and/or the CEO and the independent directors,
review and approve the agendas for the regular meetings of the Board, and
preside at all meetings of the Board where the Chair is absent.

The Lead Director may be removed or replaced at any time with or without cause by a majority vote of the independent directors then in office.

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Interested parties who wish to contact the Lead Independent Director may write to: Lead Independent Director of the Mirion Technologies Board of Directors, Mirion Technologies, Inc., 1218 Menlo Drive, Atlanta, GA 30318 Attention: Corporate Governance
CodeSecretary. The Corporate Secretary will promptly relay to the Lead Independent Director all communications that she determines require prompt attention and will regularly provide our Board with a summary of Ethics and Business Conduct
We have adopted a Code of Ethics and Business Conduct that applies to all of our employees, officers, and directors, including our Chief Executive Officer, Chief Financial Officer, and other executive and senior financial officers. The full text of our Code of Ethics and Business Conduct is available on the investor relations page on our website at https://ir.mirion.com/corporate-governance/governance-documents. We will post any amendments to our Code of Ethics and Business Conduct on the same website.

Governance Documents
We believe that good corporate governance is important to ensure that Mirion is managed for the long-term benefit of our stockholders. Our Nominating and Corporate Governance Committee will periodically review and reassess our Corporate Governance Guidelines and overall governance structure. Complete copies of our current Board committee charters and our Corporate Governance Guidelines and our Code of Business Conduct and Ethics are available on our investor relations website, at https://ir.mirion.com/corporate-governance/governance-documents. We will post any amendments on the same website.substantive communications.
Director Independence
NYSE rules generally require that independent directors must comprise a majority of a listed company’s board of directors. Our Board has undertaken a review of the independence of each director. Based on information provided by each director concerning histheir background, employment and affiliations, our Board has determined that noneKenneth C. Bockhorst, Robert A. Cascella, Steven W. Etzel, John W. Kuo, Jody A. Markopoulos and Sheila Rege, representing six (6) of our currentnine (9) directors, have a relationship that would interfere with the exercise of independent judgment in carrying out the responsibilities of a director and that each of these directors is "independent"are “independent” as that term is defined under the applicable rules and regulations of the SEC and the listing requirements and rules of the NYSE. In making this determination, our Board considered the current and prior relationships that each non-employee director has with Mirion and all other facts and circumstances that our Board deemed relevant in determining their independence, including the beneficial ownership of our common stock by each non-employee director and the transactions involving them described under "Certain"Certain Relationships and Related Party Transactions.Transactions." Our independent directors hold meetings at which only independent directors are present at each regularly scheduled meeting of the Board.
Related-PartyRelated Party Transaction Policy
Our Audit Committee has the primary responsibility for reviewing and approving or ratifying transactions with related parties. Our Audit Committee has adopted a formal Related-PartyRelated Party Transaction Policy, pursuant to which the Audit Committee reviews all transactions which in which the Company or any of its subsidiaries, was, is, or will be a participant, the amount of which exceeds $120,000 and in which any related party had, has or will have a direct or indirect material interest. The Audit Committee must approve or ratify any covered related-partyrelated party transaction for it to be consummated or continue.
The Audit Committee reviews these related-partyrelated party transactions as they arise and are reported to the Audit Committee. The Audit Committee also reviews materials prepared by our Board and our executive officers to determine whether any related-partyrelated party transactions have occurred that have not been reported. In reviewing any related-party
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related party transaction, the Audit Committee is to consider all relevant facts and circumstances, including the aggregate dollar value of the transaction, the related party's relationship to us and interest in the transaction, and the benefits to us of the transaction. The Audit Committee determines, in its discretion, whether the proposed transaction is in the best interests of Mirion and our stockholders.
For more information, please see below "Certain"Certain Relationships and Related Party Transactions - Related Party Policy.Transaction Policy."


Compensation Committee Interlocks and Insider Participation

Robert A. Cascella, Steven W. Etzel, John W. Kuo and Sheila Rege served as members of the Compensation Committee during 2022. None of such persons is or was formerly an officer or an employee of Mirion. None of our executive officers currently serves, or has served during the last year, as a member of the Board of Directors or Compensation Committee of any entity that has one or more executive officers serving as a member of our Board.
Board Leadership Structure
The Board believes one of its most important responsibilities is to determine the appropriate leadership structure for the Board at a given time that best enables it to provide effective, independent oversight of management and support long-term value creation for the Company and our stakeholders.
Accordingly, the Board does not have a predetermined policy as to whether or not the roles of the Board Chair and CEO should be combined or separate. Instead, the Board takes a flexible approach, enabling it to adapt its leadership structure to best meet the needs of the Board, the Company and its stockholders and other stakeholders as characteristics and circumstances change.
Each year the Board reviews the Board’s leadership structure, including whether the roles of Board Chair and CEO should be combined or separate and what leadership structure is appropriate given the specific characteristics and circumstances of the Company at that time.
In 2022, the Nominating and Corporate Governance Committee, as part of conducting its annual assessment, determined that separating the roles of Board Chair and CEO continues to best serve the current needs of the Board, the Company, our stockholders and other stakeholders and effectively allocates responsibility and oversight between management and the Board.
Annual Board Assessment
Our Board believes that a rigorous annual review of its performance is essential to ensuring its effectiveness.
To that end, each year, the Nominating and Corporate Governance Committee determines the format and approach for and conducts an annual Board self-assessment. This self-assessment involves evaluating the performance of the Board, its Committees, the Board Chair and each director and helps identify ways to enhance their effectiveness.
The annual self-assessment process uses questionnaires with each director to solicit candid feedback and gather suggestions for improvement. The process also provides opportunities for each director to reflect on their own performance, as well as the performance of the other directors. Results from the annual self-assessment are presented to the Board for discussion and action.
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Board Oversight of Company Strategy
Management annually presents the Company’s long-term business and financial strategic plan to the Board for review, discussion and approval. The plan identifies and assesses the strengths, weaknesses, opportunities and threats to the continuing creation of enduring growth and long-term stakeholder value, and management’s presentation to the Board includes overviews of the business and market trends, historical financial performance, assessments of opportunities for long-term growth and margin expansion and projected long-term financial performance. The Board acts as a strategic partner in this process, offering insight and additional perspectives and challenging management’s plan as it deems appropriate.
In addition to this annual corporate strategy review, the Board is involved in strategy planning and risk oversight throughout the year:
Management regularly presents information to the Board regarding the Company’s various business segments, their markets and strategic priorities, as well as trends expected to pose significant risks or strategic opportunities for the Company.
The Board annually reviews and approves our key financial and other objectives and budget.
Management regularly presents its capital allocation and deployment plans to the Finance Committee and the Board for review and discussion, and the Board (or the appropriate Committee) approves specific significant actions and transactions, to ensure that we deploy our capital to create long-term value for our stockholders and other stakeholders, including through capital and operating expenditures or strategic acquisitions that support future innovation or growth, as well as share repurchases that return cash to our stockholders.
Board Oversight of ESG Matters
The Board has overall oversight of ESG Matters. The Board has delegated risk oversight of policies and operational controls of environmental, social and governance matters, including climate change risks, energy management and human capital management to the Nominating and Corporate Governance Committee, working in coordination with the Audit Committee and the Compensation Committee.
A senior management-level ESG steering committee comprised of Legal, Human Resources, Investor Relations, Finance and other representatives provides strategic guidance to the Company cross-functional team responsible for advancing our corporate responsibility and ESG strategy, working closely with a team of ESG consultants we engaged to accompany us through our ESG journey. The General Counsel and Chief Compliance Officer updates the Board on corporate responsibility and ESG progress through quarterly reports to the Nominating and Corporate Governance Committee.
For more information on ESG developments, see "Corporate Governance Framework - ESG."
Board Oversight of Cybersecurity Risk Management
The Board has overall oversight of cybersecurity matters. The Board has delegated risk oversight with respect to information security and cybersecurity risk management to the Audit Committee, including reviewing and making recommendations to management or the Board with respect to the Company's policies, practices, systems, controls, budget and team regarding information systems, privacy, data security, disaster recovery and information technology breaches and other incidents, including with respect to any related insurance policies. The Chair, Steven Etzel, and one member of the Audit Committee, Sheila Rege, have both earned the
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CERT Certificate in Cyber-Risk Oversight Program from the National Association of Corporate Directors, demonstrating an advanced understanding of the role of the Board in cybersecurity oversight.
Our Chief Information Officer and Director of Cybersecurity leads a team of information security professionals who manage our cybersecurity risk management program and activities. Our program is designed to protect and preserve the integrity, continued availability and, as applicable, the confidentiality of all information owned by, or in the care of our Company. Our cybersecurity risk management program includes regular cybersecurity risk assessments, detection and reporting of any cybersecurity events and a robust information security training program that provides tailored information security training to our employees based on the results of their specific information security assessments. This program also includes a Cybersecurity and Data Protection Policy and associated security incident reporting procedure that provides controls for timely and accurate reporting of any material cybersecurity incident to Company management and the Board. Our Chief Information Officer provides periodic reports on cybersecurity risk and risk management programs and activities to the Board through the Audit Committee.
Communications with Directors
Interested parties may communicate with our Board, our Lead Independent Director, or with anany individual director by writing to our Board or to the particular director and mailing the correspondence to: Mirion Technologies, Inc., 1218 Menlo Drive, Atlanta, GA 30318, Attention: Corporate Secretary. The Corporate Secretary will promptly relay to the addressee all communications that heshe determines require prompt attention and will regularly provide our Board with a summary of all substantive communications.
PROXY STATEMENT1632

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Director Compensation
DIRECTOR COMPENSATION
As discussed below under "Executive Compensation - Business Highlights", we began trading as a public operating company on the NYSE on October 21, 2021, following the closing of the merger agreement that resulted in the combination of GS Acquisition Holdings Corp II ("GSAH") and Mirion. PriorPursuant to the closing of the Business Combination, our directors did not otherwise receive any additional compensation for their service in their capacity as directors except for the grant of profits interests to Mr. Kingsley as set forth above. In connection with the Business Combination, we implemented a new director compensation program (the “Director"Director Compensation Program”Program"). Pursuant to the Director Compensation Program,, non-employee directors willare eligible to receive the following cash compensation, paid quarterly in arrears, for their service as members of the Board and certain sub-committees thereof:
PositionAnnual Retainer
Board Service$76,500
plus (as applicable):
Audit Committee Chair$10,000
Compensation Committee Chair$10,000
Nominating/Governance Committee Chair$10,000
In lieu of cash, non-employee directors may elect to receive full payment of their retainers in shares of our Class A common stock on a quarterly basis. Payment of retainers in a combination of cash and stock is not permitted.
In addition, non-employee directors will receive grants of equity awards under the Incentive Plan. Each year, the Board or Compensation Committee will provide each non-employee director who will continue to serve on the Board with a grant of restricted stock units (“RSUs”) with an approximate grant date fair market value of $93,500. These annual equity awards vest quarterly and will be fully vested on the first anniversary of the grant date, subject to the non-employee director’s continued service on the Board through each such vesting date. A non-employee director who is elected or appointed to the Board at any time other than at the annual stockholder meeting will, at the time of such election or appointment, receive an award of RSUs with a grant date fair market value equal to the product of $93,500 multiplied by a fraction (i) the numerator of which is equal to the number of days between the date of the director’s initial election or appointment to the Board and the date which is the first anniversary of the date of the most recent annual stockholder meeting occurring before the new non-employee director is elected or appointed to the Board, and (ii) the denominator of which is 365.
Each of Jyothsna (Jo) Natauri and Christopher Warren (who resigned from the Board in September 2022) have agreed to waive compensation under the Director Compensation Program. The Director Compensation Program also provides that the Company will reimburse non-employee directors for their ordinary, necessary and reasonable out-of-pocket travel expenses to cover in-person attendance at and participation in Board meetings, in accordance with the Company’s applicable expense reimbursement policies and procedures as in effect from time to time.

PROXY STATEMENT17

Director Compensation
Director Compensation Table
The following table summarizes the compensation of our non-employee directors who served during 2021, it2022. The table sets forth a summary of the compensation we paid to each non-employee member of our Board for the period beginning July 1, 2020January 1st, 2022 and ending December 31, 2021. During the Prior Fiscal Year, the only non-employee director who received compensation was Mr. Kingsley, whose only compensation was the granting of profits interests by GS Sponsor II LLC (" Sponsor").2022. Other than as set forth in the table and described more fully below, we did not pay any compensation to, make any equity awards or non-equity awards to, or pay any other compensation to any of the other non-employee members of our Board in 2021.2022.

Jyothsna (Jo) Natauri and Christopher Warren receivereceived no compensation in connection with their service as directors and, accordingly, they are omitted from this table. Thomas Logan is our CEO and he receives no compensation for his services as director, his CEO compensation is reported in the "Executive Compensation Tabular Disclosures -Summary Compensation Table below under "Executive Compensation.."


Name(1)Fees Earned or Paid in Cash ($)(1)Stock Awards ($)(2)(3)All Other Compensation ($)Total ($)
Kenneth C. Bockhorst15,17560,96276,137
Robert Cascella17,15960,96278,121
Steven W. Etzel17,15960,96278,121
Lawrence D. Kingsley15,17532,526,962 (4)32,542,137
John W. Kuo17,15960,96278,121
Jody A. Markopoulos15,17560,96276,137
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Director
Fees Earned or Paid in Cash(1) ($)
Stock Awards(2)(3) ($)
All Other Compensation ($)Total ($)
Kenneth C. Bockhorst76,481 93,495 — 169,976 
Robert A. Cascella86,500 93,495 — 179,995 
Steven W. Etzel86,479 93,495 — 179,974 
Lawrence D. Kingsley76,500 93,495 — 169,995 
John W. Kuo86,479 93,495 — 179,974 
Jody A. Markopoulos76,481 93,495 — 169,976 
Sheila Rege(4)
19,125 69,669 — 88,794 
(1) The amounts reported in this column represent the aggregate dollar amount of all fees earned or paid in cash to each non-employee director in fiscal year 20212022 for their service as a director, including any annual retainer fees, committee and/or chair fees.

Kenneth C. Bockhorst, Steven W. Etzel, John W. Kuo, and Jody A. Markopoulos, elected to receive their fees in fully vested Class A common stock in lieu of cash.
(2) The amounts shown in this column relate to the pro rata annual RSU grant made to certain non-employee directors, as further described belowabove under the heading “Director Compensation.” For the RSUs, the amounts reported in this column represent the grant date fair value of RSUs calculated in accordance with the provisions of ASC Topic 718.

Such grant date fair values do not take into account any estimated forfeitures related to service vesting conditions. The assumptions used in calculating the aggregate grant date fair values of the RSUs reported in this column are set forth in the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2022 as filed with the SEC on February 28, 2023.
(3) As of December 31, 2021,2022, the number of shares of Class A common stock underlying outstanding restricted stock unitsRSUs held by each of our non-employee Directors were as follows:


NameAggregate Number of Shares Underlying Restricted Stock Units
Kenneth C. Bockhorst5,8177,137 
Robert Cascella5,8177,137 
Steven W. Etzel5,8177,137 
Lawrence D. Kingsley5,8177,137 
John W. Kuo5,8177,137 
Jody A. Markopoulos5,8177,137 
Sheila Rege6,112 
Jyothsna (Jo) Natauri-— 
Christopher Warren-— 


(4) Value includes the grant date value of a one-time grant of profits interestsMs. Rege joined our Board in the Sponsor, which was approved and granted by the Sponsor in recognition of Mr. Kingsley’s efforts in connection with the Business Combination. As discussed below under “Executive Compensation—Profits Interests,” the Sponsor granted Mr. Kingsley the award of profits interests on June 16, 2021 in connection with the signing of the Business Combination Agreement. The profits interests award provides for service and performance-vesting, with the award only vesting upon the achievement of specified share price conditions. The grant date fair value of the profits interests is based upon a valuation model using Monte Carlo simulations in accordance with ASC Topic 718. Mr. Kingsley also received a pro rata annual RSU grant with a grant date fair value of $60,962, consistent with all other non-employee directors.September 2022.
PROXY STATEMENT1834

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OWNERSHIP OF COMMON STOCKOwnership of Common Stock

BENEFICIAL OWNERSHIPBeneficial Ownership
The following table sets forth information known to us regarding the beneficial ownership of our common stock as of April 18, 2022March 31, 2023 by:
each person who is known by us to be the beneficial owner of more than 5% of the outstanding shares of the Class A common stock;
each current executive officer and director of the Company; and
all executive officers and directors as a group.
The information below is based on an aggregate of 199,533,232217,687,852 shares of Class A common stock and 8,560,5407,847,333 shares of Class B common stock issued and outstanding as of April 18, 2022.March 31, 2023. Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if she, he or it possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable or exercisable within 60 days or equity awards that are expected to settle or vest within 60 days. Unless otherwise indicated, the Company believes that all persons named in the table below have sole voting and investment power with respect to all shares of common stock beneficially owned by them:

Name and Address of Beneficial Owners(1)(2)
Number of
Shares of
Class A
Common
Stock
Ownership
Percentage
of Class A
Common
Stock
(%)
Number of
Shares of
Class B
Common
Stock
Ownership
Percentage
of Class B
Common
Stock
(%)
Ownership
Percentage
of Common
Stock
(%)
5% Holders (Other than Directors and Executive Officers)
GS Sponsor II LLC(3)(4)
24,525,00011.8%11.3%
GSAM Holdings LLC(3)(4)
46,750,00022.5%21.6%
GSAH II PIPE Investors Employee LP(5)
17,199,9008.6%8.3%
Alyeska Investment Group, L.P. (6)
14,939,6337.4%7.1%
Charterhouse Parties(7)
24,746,85512.4%11.9%
Directors and Executive Officers
Thomas D. Logan(8)
4,140,38848.42.0%
Lawrence D. Kingsley(9)
505,817 *— *
Brian Schopfer(10)
740,8458.7*
Loic Eloy169,868**
Jyothsna (Jo) Natauri(11)
Christopher Warren
Steven W. Etzel (12)
8,428 **
Kenneth C. Bockhorst (12)
8,126 **
Robert A. Cascella (12)
5,817 **
John W. Kuo (12)
8,428 **
Jody A. Markopoulos (12)
8,126 **
All directors and executive officers as a group (11 individuals)701,122 *4,881,233 57.02.7
*Less than one percent
Name and Address of Beneficial Owners(1)(2)
Number of
Shares of
Class A
Common
Stock
Ownership
Percentage
of Class A
Common
Stock
(%)
Number of
Shares of
Class B
Common
Stock
Ownership
Percentage
of Class B
Common
Stock
(%)
Ownership
Percentage
of Common
Stock
(%)
5% Holders (Other than Directors and Executive Officers)
GSAM Holdings LLC(3)(4)
27,250,000 12.5 %12.1 %
GS Sponsor II LLC(3)(4)
24,525,00011.3 %10.9 %
Charterhouse Parties(5)
14,960,702 6.9 %6.6 %
The Vanguard Group(6)
12,577,497 5.8 %5.6 %
Janus Henderson Group plc(7)
11,696,294 5.4 %5.2 %
Directors and Executive Officers
Thomas D. Logan(8)
99,911 *4,140,38852.8 %1.9 %
Lawrence D. Kingsley(9)
516,522 **
Brian Schopfer(10)
19,548 *740,8459.4 %*
Christopher Moore3,430 **
Loic Eloy140,937 **
Michael Rossi
Jyothsna (Jo) Natauri
Steven W. Etzel(11)
31,625 **
Kenneth C. Bockhorst(11)
29,878 **
Robert A. Cascella(11)
16,522 **
John W. Kuo(11)
31,625 **
Jody A. Markopoulos(11)
29,878 **
Sheila Rege(11)
6,111 **
All directors and executive officers as a group (13 individuals)925,987 0.4 %4,881,233 62.2 %2.6 %
PROXY STATEMENT1935

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(1)*Less than one percent
(1)Unless otherwise noted, the business address of each of the following entities or individuals is Mirion Technologies, Inc., 1218 Menlo Drive, Atlanta, Georgia 30318.
(2)The shares of our Class B common stock are paired, one-for-one, with shares of IntermediateCo Class B common stock. Such paired interests may be redeemed byhave the holderright to require us to redeem such paired interests at such holder's option and, at our option, settled by a one-for-one exchange for shares of Class A common stock or a cash amount per share based on an average trailing stock price of Company Class A common stock. See “Certain Relationships and Related Party Transactions and Director Independence—- IntermediateCo Charter.”
(3)GSAM Holdings LLC is the managing member of GS Sponsor II LLC. GSAM Holdings LLC is a wholly owned subsidiary of The Goldman Sachs Group, Inc. In addition to the shares held by GS Sponsor II LLC, GS Acquisition Holdings II Employee Participation LLC (“Participation LLC”) and GS Acquisition Holdings II Employee Participation 2 LLC (“Participation 2 LLC”), each of which is managed by a subsidiary of GSAM Holdings LLC, directly owns 1,325,000 founder shares and 1,400,000 founder shares, respectively. See "Certain Relationships and Related Party Transactions - Founder Shares". The founder shares are subject to certain vesting conditions upon a Founder Share Vesting Event.conditions. Holders of the founder shares are entitled to vote such founder shares and receive dividends and other distributions with respect to such founder shares prior to vesting, but such dividends and other distributions with respect to unvested founder shares will be set aside by the Company and shall only be paid to the holders of the founder shares upon the vesting of such founder shares. The founder shares will be forfeited to the Company for no consideration if they fail to vest on or before October 20, 2026.
(3)GSAM Holdings LLC is the managing member of GS Sponsor II LLC. GSAM Holdings LLC is a wholly owned subsidiary of The Goldman Sachs Group, Inc. In addition to the shares held by GS Sponsor II LLC, GS Acquisition Holdings II Employee Participation LLC (“Participation LLC”) and GS Acquisition Holdings II Employee Participation 2 LLC (“Participation 2 LLC”), each of which is managed by a subsidiary of GSAM Holdings LLC, directly owns 1,325,000 founder shares and 1,400,000 founder shares, respectively. Each of GSAM Holdings LLC and The Goldman Sachs Group, Inc. may be deemed to beneficially own the shares held by GS Sponsor II LLC, Participation LLC and Participation 2 LLC by virtue of their direct and indirect ownership, as applicable, over GS Sponsor II LLC, Participation LLC and Participation 2 LLC. Each of GSAM Holdings LLC and The Goldman Sachs Group, Inc. disclaims beneficial ownership of any such shares except to the extent of their respective pecuniary interest therein. Further,The principal business address for each of GSAM Holdings LLC and The Goldman Sachs Group, Inc. may be deemed to beneficially own the shares held by the PIPE Participation LLCs (as defined below) but disclaims beneficial ownership of any such shares except to the extent of its pecuniary interest therein.foregoing persons is 200 West Street, New York, NY 10282.
(4)Interests shown for GSAM Holdings consist of (i) 18,750,000 founder shares, including 16,025,000 founder shares which GS Sponsor II consist of (i) 16,025,000 founder sharesis the record owner thereof, and (ii) 8,500,000 shares of Class A common stock underlying the private placement warrants. Interests shown for GSAM Holdings consistwarrants, all of (i) 18,750,000 founder shares, (ii) 8,500,000 shares of Class A common stock underlyingwhich GS Sponsor II is the private placement warrants and (iii) 19,500,000 shares of Class A common stock held by the PIPE Participation LLCs.record owner thereof.
(5)Each of GSAH II PIPE Investors Employee LP and NRD PIPE Investors LP (together the “PIPE Participation LLCs”) is a limited partnership controlled by its general partner and its investment manager, both of which are indirect wholly-owned subsidiaries of The Goldman Sachs Group, Inc. See the disclosure regarding Goldman Sachs under "Certain Relationships and Related Transactions, and Director Independence —Related Party Payments” for information concerning certain relationships between Goldman Sachs and Mirion. Each limited partner of the PIPE Participation LLCs (including Jyothsna (Jo) Natauri, a Mirion director, and certain direct or indirect subsidiaries of The Goldman Sachs Groups, Inc.) will have the right to request that the applicable PIPE Participation LLC use its reasonable efforts to sell a portion of the registrable securities held by it under Mirion's registration statement on Form S-1 filed with and declared effective by the SEC on October 27, 2021 and November 2, 2021, respectively. The business address of each of the GS PIPE Participation LLCs is 200 West Street, New York, New York 10282.
(6)Each of the Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh share voting and dispositive power with regard to shares of Class A common stock of the Company. The business address for each is 77 West Wacker Drive, 7th Floor, Chicago, IL 60601. Interests shown include 7,388,191 shares of Class A common stock issued to Alyeska and its affiliated entities in connection with the PIPE investment, 6,551,442 shares of publicly-traded common stock and 1,000,000 shares of Class A common stock underlying public warrants
(7)Represents (i) 13,233,0138,000,013 shares of Class A common stock held by CCP IX LP No. 1; (ii) 11,028,6101, 6,667,342 shares of Class A common stock held by CCP IX LP No. 2; (iii) 363,920220,008 shares of Class A common stock held by CCP IX Co-investment LP;LP, and (iv) 121,31273,339 shares of Class A common stock held by CCP IX Co-Investment No. 2 LP (together, “CCP IX”). Charterhouse General Partners (IX) Ltd (“CGP IX”) is the general partner of each of the limited partnerships comprising CCP IX. Charterhouse Capital Partners LLP (“CCP”) acts as the investment adviser to CGP IX. CCP’s advice with respect to investment decisions requires the approval of its Investment Committee comprised of 10 members, including the approval of CCP’s Managing Partner, which is currently Lionel Giacomotto. However, it is CGP IX which ultimately makes all investment decisions. As a result, CGP IX may be deemed to have beneficial ownership of the securities held by the limited partnerships comprising CCP IX. CGP IX is managed by a five member board of directors. Each of the CGP IX board members disclaims beneficial ownership of the securities beneficially owned by each of the limited partnerships comprising CCP IX, except to the extent of their pecuniary interest therein, if any. The address for each of the foregoing persons’ principal business office is 6th Floor, Belgrave House, 76 Buckingham Palace Road, London, SW1W 9TQ.
(8)(6)Based on a Schedule 13G filed with the SEC on February 9, 2023. The Vanguard Group reported that it has sole voting power over zero shares of our Class A common stock, shared voting power over 93,053 shares, sole dispositive power over 12,381,993 shares, and shared dispositive power over 195,504 shares for aggregate beneficial ownership of 12,577,497 shares of Class A common stock. The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the securities beneficially owned held by The Vanguard Group. The principal business address for The Vanguard Group is 100 Vanguard Blvd. Malvern, PA 19355.
(7)Based on a Schedule 13G (Amendment No. 1) filed with the SEC on February 10, 2023 by Janus Henderson Group plc (“Janus Henderson”). Janus Henderson has a 100% ownership stake in Janus Henderson Investors U.S. LLC ("JHIUS"), Janus Henderson Investors UK Limited ("JHIUKL") and Janus Henderson Investors Australia Institutional Funds Management Limited ("JHIAIFML"), (each an "Asset Manager" and collectively as the "Asset Managers"). Due to the above ownership structure, holdings for the Asset Managers are aggregated. Each Asset Manager is an investment adviser registered or authorized in its relevant jurisdiction and each furnishing investment advice to various fund, individual and/or institutional clients (collectively referred to herein as "Managed Portfolios"). As a result of its role as investment adviser or sub-adviser to the Managed Portfolios, JHIUS may be deemed to be the beneficial owner of 11,673,440 shares of our Class A common stock held by such Managed Portfolios. However, JHIUS does not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in the Managed Portfolios and disclaims any ownership associated with such rights. The principal business address for Janus Henderson Group plc is 201 Bishopsgate EC2M 3AE, United Kingdom.
(8)Mr. Logan’s shares consist of (i) 99,911 shares of Class A common stock issued pursuant to the vesting and settlement of RSU's held by Mr. Logan; (ii) 1,544,017 shares of Class B common stock held by Mr. Logan; (ii) 865,455(iii) 2,596,371 shares of Class B common stock held by Aere Perennius, LLC., a limited liability company which holds interests in trusts established for the J.P. Morgan Trust Companybenefit of Delaware in its capacity as Trustee of theMr. Logan's adult children. Mary Hancock Logan GST Exempt Trust; (iii) 865,455 shares of Class B common stock held by the J.P. Morgan Trust Company of Delaware in itsher capacity as Investment Trustee of the Alison Paige Logan GST Exempt Trust; and (iv) 865,461 shares of Class B common stock held by the J.P. Morgan Trust Company of Delaware in its capacity as Trustee of the Thomas Darrell Logan, Jr. GST Exempt Trust. The J.P. Morgan Trust Company of Delaware in its capacity as Trustee of the foregoing trust entities has sole voting and dispositive power over the shares held by such trust entities;Aere Perennius, LLC; Mr. Logan disclaims beneficial ownership of any such shares except to the extent of his pecuniary interest therein. Mr. Logan’s shares exclude 3,200,000 shares of Class A common stock in which he has an interest due to his profits interests,Profits Interests, which are subject to vesting requirements. See "Certain Relationships and Related Party Transactions and Director Independence—- Profits Interests".
(9)PROXY STATEMENT36

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(9)Mr. Kingsley’s shares include (i) 5,8173,568 shares of Class A common stock issuable pursuant to the vesting and settlement of RSUs held by Mr. Kingsley which are expected to vest and/or settle within 60 days of April 18, 2022;March 31, 2023; (ii) 12,954 shares of Class A common stock issued pursuant to the vesting and settlement of RSU's held by Mr. Kingsley; (iii) 350,000 shares of Class A common stock held by the Diane Kingsley Revocable Trust and (iii)(iv) 150,000 shares held by the Lawrence D. Kingsley 2015 Family Irrevocable Trust, Mr. Kingsley’s shares exclude 4,200,000 shares of Class A common stock in which he has an interest due to his profits interests,Profits Interests, which are subject to vesting requirements. See “Certain Relationships and Related Party Transactions and Director Independence—- Profits Interests".
(10)
PROXY STATEMENT20

Ownership of Common Stock
(10)Mr. Schopfer’s shares consist of 19,548 shares of Class A common stock issued pursuant to the vesting and settlement of RSU's held by Mr. Schopfer. Mr. Schopfer's shares exclude 700,000 shares of Class A common stock in which he has an interest due to his profits interests,Profits Interests, which are subject to vesting requirements. See "Certain Relationships and Related Party Transactions and Director Independence—- Profits Interests.”
(11)Ms. Natauri’s shares exclude 50,000 shares of Class A common stock held by GSAH II PIPE Investors Employee LP for which Ms. Natauri holds investment power. Voting decisions are made for GSAH II PIPE Investors Employee LP by its investment manager, Goldman Sachs & Co. LLC, an affiliate of The Goldman Sachs Group, Inc.
(12)Includes 5,8173,568 shares of Class A common stock per person issuable pursuant to the vesting and settlement of and/or vesting of RSU'sRSUs within 60 days of April 18, 2022.March 31, 2023.


PROXY STATEMENT2137

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Prohibition on Hedging
Hedging or monetization transactions can be accomplished through a number of possible mechanisms, including through the use of financial instruments such as prepaid variable forwards, equity swaps, collars and exchange funds. Hedging transactions may permit a director, officer or employee to continue to own our securities obtained through employee benefit plans or otherwise, but without the full risks and rewards of ownership. When that occurs, the director, officer or employee may no longer have the same objectives as our other stockholders. Therefore, directors, officers and employees are prohibited by our Insider Trading Policy from engaging in any such transactions.
Policy on Stock Pledging
Our Insider Trading Policy only permits pledges of our securities by employees, officers and directors with the written pre-approval of our General Counsel. Under that policy, our General Counsel only approves pledges of our securities by directors and officers in amounts consistent with guidelines approved by the Nominating & Governance Committee of the Board of Directors. As of the record date, there are no outstanding pledges by officers and directors.workiva_section_proposal_2.jpg
PROXY STATEMENT2238

Section 16(a) Beneficial Ownership Reporting Compliance

Proposal No. 2 - Ratification of Appointment of Independent Registered Public Accounting Firm workiva_angle.jpg
SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCEProposal No. 2
Section 16(a)Ratification of Appointment of Independent Registered Public Accounting Firm
The firm of Deloitte & Touche LLP and the member firms of Deloitte Touche Tohmatsu, and their respective affiliates (collectively Deloitte) conducted the 2022 and 2021 audits of the Exchange Act requiresCompany’s financial statements. Fees billed by Deloitte to the Company for services provided during the 2022 and 2021 fiscal years were as follows:
20212022
Audit Fees$6,486,950 $4,457,429 
Audit Related Fees375,000 3,202 
Tax Fees2,551,468 1,365,402 
Other Fees— — 
Total Fees$9,413,418 $5,826,033 
Audit Fees. Audit fees consist of fees billed or expected to be billed for professional services rendered for the audit of our year-end financial statements and services that are normally provided by Deloitte in connection with statutory and regulatory filings. The above amounts include interim procedures and audit fees, as well as attendance at Audit Committee meetings.
Audit-Related Fees. Audit-related services consist of fees billed for assurance and related services that are reasonably related to performance of the audit or review of our financial statements and are not reported under “Audit Fees.” These services include attest services that are not required by statute or regulation and consultations concerning financial accounting and reporting standards.
Tax Fees. Tax fees consist of fees billed for tax planning and tax advisory services.
The Audit Committee of our Board of Directors has appointed Deloitte as our independent registered public accounting firm since the consummation of the Business Combination in 2021. Deloitte has served as our auditors prior to the Business Combination since 2015.
We are asking our stockholders to ratify the selection of Deloitte as our independent registered public accounting firm. Although ratification is not required by our Bylaws or otherwise, we are submitting the selection of Deloitte to our stockholders for ratification as a matter of good corporate practice and because we value our stockholders' views on our independent registered public accounting firm. In the event that our officers, directorsstockholders fail to ratify the selection, the Audit Committee will review its future selection of independent auditors. Even if our stockholders ratify the selection, our Audit Committee, in its discretion, may appoint another independent registered public accounting firm at any time during the year if the Audit Committee believes that such a change would be in the best interest of Mirion and 10% stockholders file reportsour stockholders.
Representatives of ownershipDeloitte are expected to attend the Annual Meeting, will have an opportunity to make a statement if they desire to do so, and changes of ownership of our Class A common stock with the SEC and the NYSE. These reporting persons are also requiredexpected to furnish us with copies of all Section 16(a) forms they file.
Based on a review of copies of these reports providedbe available to us and written representations from officers and directors, we believe that all filing requirements were timely met during 2021 .respond to appropriate questions.
PROXY STATEMENT2339

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EXECUTIVE COMPENSATIONChange in Accountants
As previously disclosed in a Current Report on Form 8-K filed with the SEC on October 25, 2021, PricewaterhouseCoopers LLP (“PwC”), the Company’s independent registered public accounting firm prior to the Business Combination, was dismissed by vote of the board of directors on October 20, 2021. On the same date, the audit committee of the board of directors approved the engagement of Deloitte as the Company’s independent registered public accounting firm effective upon the dismissal of PwC.
The audit report of PwC on GSAH’s (the Company’s legal predecessor) balance sheets as of December 31, 2020 and 2019, and the related statements of operations, of changes in stockholders’ equity and of cash flows for each of the two years in the period ended December 31, 2020 and for the period from May 31, 2018 (date of inception) to December 31, 2018, did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainties, audit scope or accounting principles.
During the period from May 31, 2018 (date of inception) to December 31, 2020 and the subsequent interim periods through October 20, 2021, there were no disagreements between GSAH and PwC on any matter of accounting principles or practices, financial disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of PwC, would have caused it to make reference to the subject matter of the disagreements in its reports on GSAH’s financial statements for such period.
During the period from May 31, 2018 (date of inception) to December 31, 2020 and the subsequent interim periods through October 20, 2021, there were no reportable events, as defined in Item 304(a)(1)(v) of Securities and Exchange Commission Regulation S-K (“Regulation S-K”), except for (a) GSAH restated its 2020 financial statements to correct errors as discussed in Note 2 to the financial statements and (b) GSAH concluded that a material weakness exists around the interpretation and accounting for certain complex features of the Class A common stock and warrants issued by GSAH.
During the years ended December 31, 2020 and 2019 and subsequent interim period through October 20, 2021, we did not consult with Deloitte with respect to (i) the application of accounting principles to a specified transaction, either completed or proposed, the type of audit opinion that might be rendered on our financial statements, and neither a written report nor oral advice was provided to us that Deloitte concluded was an important factor considered by us in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any other matter that was the subject of a disagreement or a reportable event (each as defined above).
Executive OfficersPre-Approval Policy
Our Executive OfficersAudit Committee was formed upon the consummation of our Business Combination. As a result, the Audit Committee did not pre-approve all of the foregoing services, although any services rendered prior to the formation of our Audit Committee were approved by our Board of Directors. Since the formation of our Audit Committee, and on a going-forward basis, the Audit Committee has and will pre-approve all auditing services and permitted non-audit services to be performed for us by our auditors, including the fees and terms thereof (subject to the de minimis exceptions for non-audit services described in the Exchange Act which are approved by the Audit Committee prior to the completion of the audit).

VOTE REQUIRED
The following table sets forthaffirmative vote of the names, ages and positionsholders of a majority of the votes cast at the meeting on this proposal, with shares of our current executive officers:Class A common stock and Class B common stock voting together as a single class, shall be required to approve this proposal. Abstentions and broker non-votes, if any, will have no effect on the outcome of the vote on this Proposal.


PROXY STATEMENT40

Proposal No. 2 - Ratification of Appointment of Independent Registered Public Accounting Firm workiva_angle.jpg
The Board recommends a vote "FOR" the ratification of the appointment of Deloitte & Touche, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023.
PROXY STATEMENT41

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Audit Committee Report
With respect to Mirion's financial reporting process, the management of Mirion is responsible for establishing and maintaining internal controls and preparing Mirion's consolidated financial statements. Mirion's independent registered public accounting firm, Deloitte & Touche, LLP (“Deloitte”), is responsible for auditing these financial statements. It is the responsibility of the Audit Committee to oversee these activities. The Audit Committee does not itself prepare financial statements or perform audits, and its members are not auditors or certifiers of Mirion's financial statements. We have relied, without independent verification, on management's representation that the financial statements have been prepared with integrity and objectivity and in conformity with US GAAP and on the representations of Deloitte included in its audit of Mirion's consolidated financial statements.
We have reviewed and discussed the audited consolidated financial statements for the fiscal year ended December 31, 2022 with Mirion's management and with Deloitte, including the results of the independent registered public accounting firm's audit of Mirion's financial statements. We have also discussed with Deloitte all matters required to be discussed by the Standards of the Public Company Accounting Oversight Board ("PCAOB") for communication with Audit Committees, under which Deloitte must provide us with additional information regarding the scope and results of its audit of Mirion's consolidated financial statements.
We have also received and reviewed the written disclosures and the letter from Deloitte required by applicable requirements of the PCAOB regarding Deloitte's communications with the Audit Committee concerning independence, and have discussed with Deloitte its independence from Mirion, as well as any relationships that may impact Deloitte's objectivity and independence, including whether the provision of non-audit services by Deloitte during fiscal year 2022 was compatible with the auditor's independence.
Based on our review of the matters noted above and our discussions with Mirion's management and independent registered public accountants, we recommended to the Board of Directors that the audited consolidated financial statements be included in Mirion's Annual Report on Form 10-K for the fiscal year ended December 31, 2022, for filing with the Securities and Exchange Commission.

NameAgePosition
Thomas D. Logan*61Director, Founder and Chief Executive Officer
Brian Schopfer37Chief Financial Officer
Loic Eloy45President, Group President (Industrial)
Steven W. Etzel (Chair)
Kenneth C. Bockhorst
Jody A. Markopoulos
Sheila Rege


PROXY STATEMENT42
*Mr. Logan is a member of our Board. See “Proposal No. 1 – Election of Directors” for more information about Mr. Logan.


Brian Schopfer has served as our Chief Financial Officer since 2020. Mr. Schopfer joined Mirion in 2015 and previously served as Mirion’s Executive and Senior Vice President of Business Transformation. In February 2018, Mr. Schopfer left Mirion and joined Omnimax International, a building products company, where he served as Chief Financial Officer of North America until March 2019. Mr. Schopfer rejoined Mirion in March 2019. Prior to joining Mirion, Mr. Schopfer served as Chief Financial Officer for HillPhoenix (part of the Dover Corporation), a commercial refrigeration manufacturer, from 2014 to 2015. Mr. Schopfer also served as the Director of Financial PlanningCompensation Discussion and Analysis for the Dover Corporation, a global manufacturing company, from 2013 to 2014. Mr. Schopfer received a B.S. in Finance and Marketing from the University of Pittsburgh.workiva_angle.jpg

Loic Eloy has served as our Industrial Group President since 2022. Mr. Eloy joined Mirion in 2015 and previously served as Vice-President of Mirion’s Detection and Measurement (Health Physics) Division from 2015 to 2019 and President of Mirion’s Radiation Monitoring Systems Division President from 2019 to 2022. Prior to joining Mirion, Mr. Eloy served as Director of Finance and Accounting of Areva from February 2008 to February 2012, and then Commercial Director from February 2012 to January 2015. Prior to 2008, Mr. Eloy held various finance and commercial positions with Siemens. Mr. Eloy received an MBA from the Universidad Panamericana and a Bachelor’s Degree in Finance, Administration, Economics and Marketing from the University of Lyon.

Compensation Discussion and Analysis
This Compensation Discussion and Analysis describes our executive compensation program in fiscal 2021year 2022 for our named executive officers (“NEOs”), including our philosophy, process, objectives and the elements of the program and the material factors considered in making compensation decisions. Our NEOs for the period from July 1, 2020 through December 31, 2021
Key elements of our Compensation Discussion and Analysis information are listed in the table below.

referenced below:
NamePositionPage
Thomas LoganChief Executive Officer
Brian SchopferChief Financial Officer
Michael Freed (1)Chief Operating Officer
(1) Mr. Freed, who served as the Chief Operating Officer of the Company, departed the Company on February 28, 2022 as a result of his position being eliminated.
PROXY STATEMENT2443

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Executive Compensation Summary
Named Executive Officers
The following table sets forth the names, ages and positions of our NEOs for the period from January 1, 2022 through December 31, 2022:

NameAgePosition
Thomas D. Logan*62Chief Executive Officer and Director
Brian Schopfer38Chief Financial Officer
Loic Eloy47Group President, Industrial
Michael Freed**47Former Chief Operating Officer
Michael Rossi51Group President, Medical
:
*
Mr. Logan is also a member of our Board. See “Proposal No. 1 – Election of Directors” for more information about Mr. Logan.
**Mr. Freed, who served as the Chief Operating Officer, departed the Company on February 28, 2022.

All of our executive officers as of December 31, 2022 are NEOs.

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Brian Schopfer has served as our Chief Financial Officer since May 2020. Mr. Schopfer joined Mirion in 2015 and previously served as Mirion’s Executive and Senior Vice President of Business Transformation. In February 2018, Mr. Schopfer left Mirion and joined Omnimax International, a building products company, where he served as Chief Financial Officer of North America until March 2019. Mr. Schopfer rejoined Mirion in March 2019. Prior to joining Mirion, Mr. Schopfer served as Chief Financial Officer for HillPhoenix (part of the Dover Corporation), a commercial refrigeration manufacturer, from 2014 to 2015. Mr. Schopfer also served as the Director of Financial Planning and Analysis for the Dover Corporation, a global manufacturing company, from 2013 to 2014. Mr. Schopfer received a B.S. in Finance and Marketing from the University of Pittsburgh.
PROXY STATEMENT44

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Loic Eloy has served as our Industrial Group President since February 2022. Mr. Eloy joined Mirion in 2015 and previously served as Vice President of Mirion’s Detection and Measurement (Health Physics) Division from 2015 to 2019 and President of Mirion’s Radiation Monitoring Systems Division from 2019 to 2022. Prior to joining Mirion through Mirion's acquisition of Canberra Industries, Mr. Eloy served as Commercial Director of Areva, the parent company of Canberra Industries from February 2012 to January 2015. Mr. Eloy also served as Director of Finance and Accounting of Areva from February 2008 to February 2012. Prior to 2008, Mr. Eloy held various finance and commercial positions with Siemens. Mr. Eloy received an MBA from the Universidad Panamericana and a Bachelor’s Degree in Finance, Administration, Economics and Marketing from the University of Lyon.
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Michael Rossi has served as our Medical Group President since October 2022. Before Mirion, Mr. Rossi served as the Head of Radioligand Imaging for Advanced Accelerator Applications, a Novartis Company, from June 2019 until July 2022. Mr. Rossi also spent time from April 2014 until May 2019 at Jubilant Pharma where he served in several different roles including President of Jubilant Radiopharma, and brings experience from GE Healthcare, Tyco Healthcare/Mallinckrodt and Syncor International. Mr. Rossi earned a Bachelor of Science in Pharmacy from the University of the Sciences and holds an Authorized Nuclear Pharmacist Certification from Butler University. He has served on several Boards of Directors and remains a Licensed Pharmacist in the state of Pennsylvania.
Our Executive Compensation Program
Our executive compensation program is designed to attract, motivate and retain high quality executives needed to fulfill our mission. Our goal is to support business priorities deemed essential by our Board, as well as satisfy the accepted governance standards of impartial external stakeholders. In furtherance of our compensation philosophy and objectives, our program framework includes a mix of three key compensation elements: (i) base salary, (ii) short-term cash incentive awards, and (iii) long-term equity incentive awards, the value of which, for each NEO, is within a competitive range for similar position of our peer group and market survey compensation data (as described more fully below). We have not adopted any formal policies or guidelines for allocating compensation between fixed and variable compensation, cash and equity incentive awards, or short-term and long-term compensation. Our mix of compensation elements is designed to reward recent results and motivate long-term performance consistent with our philosophy through a combination of short-term cash and long-term equity incentive awards. To incentivize long term performance and align the interests of our NEOs with stockholders, our compensation elements include a significant performance-based component, with variable, at-risk pay constituting a meaningful portion of overall compensation.
PROXY STATEMENT45

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Total Direct Compensation Summary
The total direct compensation for each of our NEOs reflect their substantial contributions to our exceptional performance in 2022. Specifically, the Compensation Committee determined 2022 compensation for our NEOs in light of our consistently strong total shareholder return ("TSR") and achievement against other financial and non-financial goals geared toward sustaining our long-term growth and delivering stockholder value. In making these determinations, the Compensation Committee gives primary consideration to each NEO’s impact on our results in the context of our business model and their scope of responsibility, in addition to other relevant factors (such as prior experience and sustained high performance) and data on prevailing market compensation levels.
The following table provides an overview of total direct compensation paid to our NEOs for fiscal year 2022, including a breakdown of each of the three key elements of total direct compensation and the 2022 target annual performance-based cash bonus compared to the actual paid amount of the 2022 annual performance-based cash bonus.
Annual Performance-Based Cash BonusEquity-Based Long-Term Incentives
NEOBase Pay ($)Target Bonus (% of Base Pay)Target Bonus ($)Actual Bonus ($)Grant Value ($)Total Direct Compensation ($)
Thomas Logan$700,000 100%$700,000 $377,163 $2,901,854 $3,979,017 
Brian Schopfer$450,000 65%$292,500 $157,600 $736,669 $1,344,269 
Michael Freed$71,860 50%$35,930 $18,505 $— $90,365 
Loic Eloy*$270,706 50%$135,353 $48,575 $429,594 $748,875 
Michael Rossi$106,955 60%$64,173 $59,084 $649,996 $816,035 
* Conversion rate of $1.054063 per 1.00.
10995116343201099511634323
PROXY STATEMENT46

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Compensation Philosophy and Practices
Compensation Philosophy and Objectives
Through our Compensation Committee weWe have adopted a Total Rewards Philosophy designed to guide the development of a total compensation package that attracts, motivates and retains high quality executives needed to fulfill our mission. Our goal is to support business priorities deemed essential by our Board, of Directors, as well as satisfy the accepted governance standards of impartial external stakeholders. We have designed compensation packages that (i) are competitive with market practice, (ii) reward both organizational and individual performance by providing a significant portion of our NEOs' cash compensation in the form of "at-risk" incentive compensation tied to key performance goals, and (iii) closely align the interests of our NEOs with those of our stockholders by providing a significant portion of our NEOs’ compensation in equity. We use this philosophy as the foundation for evaluating and implementing our executive compensation program, with a heavy emphasis on pay that is variable or at risk, including performance-based equity, depending directly on performance against strategic corporate metrics, inmetrics. In other words, paying for performance.

Our executive compensation program framework since the Business Combination includes a mix of three key compensation elements—(i) base salary, (ii) short-term cash incentive awards, and (iii) long-term equity incentive awards. In determining the amount of each compensation element awarded to our NEOs, our Compensation Committee looks at each NEO’s overall compensation package, as well as the amount of each compensation element for the NEO relative to both internal and external pay to determine whether such amounts and the overall mix of elements for the NEO’s role further the principles and objectives of our executive compensation program.

The Compensation Committee willalso annually reviewreviews and analyzeanalyzes market trends and adjustadjusts the design and operation of our executive compensation program from time to time as it deems necessary and appropriate. In structuring and adjusting the executive compensation program, the Compensation Committee places no formal weighting on any one factor. As we continue to mature as a public company, the Compensation Committee will continue to review and evaluate our executive compensation program to ensure it aligns with our compensation philosophy and objectives.
PROXY STATEMENT47

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Executive Compensation Best Practices

In executing our compensation program and determining executive compensation, we are guided by the following corporate governance best practices designed to protect the interests of our stockholders. As we transition from a new public company to a more mature public company, we will continue to evaluate our compensation program relative to our third-party developed peerspeer group.


PROXY STATEMENT25

Executive Compensation
What We DoWhat We Don’t Do
Pay-for-Performance Philosophy.Philosophy. We align pay and performance by awarding a substantial portion of the compensation paid to our executives in the form of variable, “at-risk” performance-based compensation linked to the achievement of rigorous performance goals


Balanced Short-Term and Long-Term Compensation.Compensation. We grant compensation that discourages short-term risk taking at the expense of long-term resultresults


Maintain an Independent Compensation Committee and Independent Compensation Committee Advisor.Advisor. Our Compensation Committee is comprised solely of independent directors and engages its own independent consultant


ShareStock Ownership Guidelines.Policy. All NEOs are subject to significant sharestock ownership guidelines.requirements. Pursuant to our ShareStock Ownership Guidelines,Policy, our CEO is required to hold 5x base salary, our CFO is required to hold 3x base salary and the other members of our executive leadership team are required to hold 1x base salary


Clawback.Clawback. The Board will require reimbursement to the Company of any performance-based award in the event of certain accounting restatements due to the material noncompliance of the Company with any financial reporting requirement under the securities laws. Our clawback policy is described in more detail under “Other Compensation Governance Practices Clawback Policy” below
No Excise Tax “Gross-Ups”. We do not provide any “gross-ups” for excise taxes that our employees might owe as a result of the application of Sections 280G or 4999 of the Internal Revenue Code


No “Single-Trigger” Change in Control Arrangements.Arrangements. We do not provide for “single-trigger” acceleration of compensation or benefits solely upon a change in control


No Excessive Perks. We generally do not provide any excessive perquisites to our NEOs


Do Not Permit Hedging or Pledging.Pledging. We prohibit directors and employees, including our NEOs, from hedging and pledging our securities
Executive Compensation Process
Role of the Compensation Committee and Management

With respect to the portion of fiscal 2021 that preceded the closing of the Business Combination, our executive compensation program was administered by the Remuneration Committee of the Board of Directors of Mirion Technologies (Topco), Ltd. (the "Remuneration Committee"), which was controlled by our former controlling shareholder, (Charterhouse Capital Partners), with executive compensation reviewed annually and other compensation matters reviewed on an ad hoc basis.

Since the closing of the Business Combination, ourThe Company's executive compensation program has been administered by our Compensation Committee, which is comprised entirely of independent directors. Our Compensation Committee is responsible for establishing, implementing, monitoring and evaluating our executive compensation program. The Compensation Committee reviews and approves the compensation of our NEOs, other than the compensation of our CEO, for which the Compensation Committee makes recommendations to our Board. Board for the Board's approval. The Compensation Committee’s responsibilities and authority are described fully in the Compensation Committee’s charter, which is available on our website at www.mirion.comir.mirion.com (under the tab “Investors” and under the subtab “Governance —Governance"Governance—Governance Documents”). Information on or accessible through, our website is not incorporated by reference in this Proxy Statement.


The Compensation Committee also consults with members of our management team, including our CEO, and our chairperson of the Board when making compensation decisions. While the Compensation Committee considers our CEO’s recommendations, the Compensation Committee ultimately uses its own business judgment and experience in approving, or making recommendations to the Board where applicable, regarding
PROXY STATEMENT48

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individual compensation elements and the amount of each element for our NEOs. Our CEO recuses himself from all determinations regarding his own compensation.

The compensation of our NEOs will beis reviewed at least annually by our Compensation Committee and will beis informed by the recommendations of our CEO (other than with respect to his own compensation) and our compensation consultant. Our Compensation Committee will then evaluateevaluates and determinedetermines any recommended compensation adjustments or awards to our NEOs or, if applicable, make recommendations to the Board for final determination.


Role of Compensation Consultant

PROXY STATEMENT26

Executive Compensation
Following the closing of the Business Combination,Since 2021, the Compensation Committee has engaged Willis Towers Watson to be its compensation consultant and assist on matters relating to our executive compensation program pursuant to its authority under the Compensation Committee charter. A representative of Willis Towers Watson attendedattends meetings of the Compensation Committee as requested. Willis Towers Watson reports directly to the Compensation Committee.


The Compensation Committee has evaluated Willis Towers Watson’s independence by considering the requirements mandated by NYSE listing standards and SEC rules and has determined that no conflict of interest exists.exists. The Compensation Committee is directly responsible for the appointment, compensation and oversight of the work of any such advisor and has sole authority to approve all such advisors’ fees and other retention terms. Willis Towers Watson has not provided any other serviceswas paid aggregate fees of approximately $117,978 in 2022 for advice to us and has received no compensation other thanthe Compensation Committee with respect to executive officer and director compensation and separately provided insurance risk and brokering services to the Company in 2022, and was paid aggregate fees for that work of approximately $352,400. The Compensation Committee does not consider that separate insurance-related work, and fees, to present a conflict with respect to its role with respect executive officer and director compensation.. The decision to engage Willis Towers Watson for the insurance risk and brokering services described above.was made by members of Mirion management and did not require approval of the Board or the Compensation Committee.


Peer Group

The Compensation Committee, with the guidanceassistance of Willis Towers Watson, developed and approved the following compensation peer group in December 2021. The establishment of this peer group is to provide a comparative basis for the compensation of our executive officers to their peer companies in order to set an appropriate overall compensation framework.


Peer Group Companies

established December 2021

Allied Motion Technologies Inc.Bruker CorporationProto Labs, Inc.
Array Technologies, Inc.Coherent, Inc.Raven Industries, Inc.
Babcock & Wilcox Enterprises, Inc.Graco, Inc.Repligen Corporation
Badger Meter, Inc.MSA Safety IncorporatedSotera Health Company
Bio-Techne CorporationNordson CorporationVicor Corporation


OurThe peer group is designedwas reviewed and revised in September 2022 to reflect both business competitorsthe following changes:

Removed Raven and competitors for talent. Peers consistCoherent due to acquisitions.
Added two industrial sector peers of two industries, Industrialcomparable size: Standex and Enerpac.
Shifted away from life science peers and towards more Health Care at approximately a two-thirds, one-third mix, respectively, commensurateEquipment & Supplies companies, which better aligns with where we compete for talent within our revenues from each industry. Peers reflect similarly sized organizations specifically, organizations with between one-third to three times our trailing twelve month revenues at the time of the analysis.Medical Group.


PROXY STATEMENT49

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Peer Group Companies
established September 2022

Allied Motion Technologies Inc.Enerpac Tool Group Corp.Merit Medical Systems, Inc.
Array Technologies, Inc.Graco Inc.MSA Safety Incorporated
Babcock & Wilcox Enterprises, Inc.Haemonetics CorporationNordson Corporation
Badger Meter, Inc.Integer Holdings CorporationProto Labs, Inc.
CONMED CorporationiRhythm Technologies, Inc.Standex International Corporation

The Compensation Committee references the market data of the peer group as a guide when making decisions. Market data is one element that the Compensation Committee uses to make pay decisions. Multiple factors are considered in determining the total compensation opportunity, including our compensation philosophy, the executive’s role and responsibility, the executive’s past performance, internal equity, and expected contributions and experience in the role.

The Compensation Committee will review our compensation peer group at least annually and make adjustments to its composition as necessary or appropriate, taking into account changes in both our business and the businesses of the companies in the compensation peer group.
Other Compensation Governance Practices

Stock Ownership Policy
The Compensation Committee believes that purchasing and holding shares of our common stock creates an incentive to manage the Company prudently and established minimum stock ownership requirements for our directors, NEOs and certain other employees in November 2021. The Stock Ownership Policy provides that our CEO is required to hold at least 5x his base salary, our CFO is required to hold at least 3x his base salary and our other NEOs and certain other employees are required to hold at least 1x their base salary. In addition, our non-employee directors are required to hold 3x their annual cash retainer. The value of the stock ownership requirement is based on his or her then current retainer or salary and the value of the stock holdings is based on the average closing price of a share of the Company’s stock for the previous calendar year. Shares owned outright, unvested restricted stock, RSUs and shares or share equivalent units underlying deferred fees paid to non-employee directors are included in the calculation of share ownership.

Participants have five years to achieve these requirements and must retain all of their net shares received as a result of the vesting, payment or distribution of any RSUs, PSUs or other equity awards, excluding any shares sold or withheld to pay any applicable taxes, until this requirement is met.

All participants are currently in compliance with the Stock Ownership Policy.

Clawback Policy
In November 2021, the Company adopted a Clawback Policy which provides that in the event the Company is required to prepare an accounting restatement due to the material noncompliance of the Company with any financial reporting requirement under securities laws, the Board will require reimbursement to the Company of any performance-based award made to any executive officer of the Company where: (i) the payment was predicated upon achieving certain financial results that were subsequently the subject of a substantial restatement of Company financial statements filed with the SEC; (ii) the members of the Board who are considered “independent” for purposes of the listing standards of NYSE determine the officer engaged in intentional misconduct that caused or substantially caused the need for the accounting restatement; and (iii) a lower payment would have been made to such officer based upon the restated financial results.
PROXY STATEMENT50

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In each such instance, the Company will, to the extent practicable, seek to recover from the executive officer the amount in excess of what would have been awarded based on the corrected performance measures.
Additionally, as we are an NYSE-listed company, we are monitoring NYSE’s mandated adoption of a new clawback listing standard, and plan to amend our Clawback Policy, as appropriate, for compliance with the standard adopted.
Tax and Accounting Considerations
Deductibility of Executive Compensation
Section 162(m) of the Internal Revenue Code (Section 162(m)) generally imposes a $1 million cap on the federal income tax deduction for compensation paid to our “covered employees” (which includes our NEOs) during any fiscal year. While the Compensation Committee considers the deductibility of awards as one factor in determining executive compensation, the Compensation Committee also looks at other factors in making its decisions, and, in the exercise of its business judgment and in accordance with its compensation philosophy, the Compensation Committee retains the flexibility to award compensation even if the compensation is not deductible by us for tax purposes, and to modify compensation that was initially intended to be tax deductible if it determines such modifications are consistent with our business needs.

Accounting for Stock-Based Compensation
The Compensation Committee takes accounting considerations into account in designing compensation plans and arrangements for our NEOs and other employees. We follow ASC Topic 718 for our stock-based compensation awards which requires us to measure the compensation expense for all share-based payment awards based on the grant date “fair value” of these awards.
Say on Pay and Stockholder Engagement
We pay careful attention to any feedback we receive from our stockholders about our executive compensation program and, in setting compensation for our NEOs, the Compensation Committee considers the results of stockholder advisory votes on “say on pay” proposals presented at our annual meetings of stockholders. Although the results of the say on pay vote are advisory and not binding on the Company, the Board and the Compensation Committee value the opinions of our stockholders and consider the results of stockholder advisory votes on “say on pay” when making compensation decisions for our NEOs.
At the 2022 annual meeting of stockholders, approximately 94% of votes cast (excluding abstentions and broker non-votes) were cast in favor of the compensation of our NEOs. In light of the strong support reflected by the results of the 2022 “say on pay” proposal, the Compensation Committee maintained our general philosophy on executive compensation for 2022.
We continue to be receptive to input from stockholders concerning our executive compensation program and will continue to consider any such feedback when making design adjustments.
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Analysis of Fiscal Year 2022 Compensation
Core Compensation Elements

The 20212022 executive compensation program primarily consisted of the following elements: base salary, annualshort-term (annual) incentive compensation, and long-term equity incentive compensation in the form of restricted stock units (“RSUs”), performance stock units (“PSUs”)RSUs and for Mr. Logan and Mr. Schopfer, Profits Interests.PSUs. Each element, which is further discussed below, is intended to reward and motivate executives in different ways consistent with our overall compensation philosophy. Each of the above-described compensation elements for our NEOs for fiscal 2021year 2022 is discussed in detail below, including a description of the particular element and how it fits into our overall executive compensation philosophy and objectives.


Base Salary


The NEOs receive a base salary to compensate them for services rendered and reward them for their performance. The base salary payable to each NEO is intended to provide a fixed component of compensation reflecting the executive’s skill set, experience, role, and responsibilities. We believe that a competitive base salary is a necessary element of our executive compensation program and is critical in attracting and retaining executive talent, including our NEOs. Base
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Executive Compensation
salaries for our NEOs are also intended to be competitive with thosesalaries received by other individuals in similar positions at the companies with which we compete for talent, as well as equitable internally across our executive team. As compared to our peer group, our NEOs base salaries are in line with the median.

Each NEO’s initialBase salaries for our NEOs were established initially through arm's-length negotiations at the time each individual was hired. Subsequent adjustments to base salaries were based on such individual's performance and promotions, as well as compensation surveys, our own analysis of compensation practices at peer companies, internal pay equity considerations, and contractual terms. In making decisions regarding salary adjustments, our Board or Compensation Committee also draw upon the experience that members of our Board have within our industry. We do not assign a specific weight to any single factor in making decisions regarding base salary was provided in his employment agreement and was reviewed and, ifadjustments. If appropriate, base salaries are adjusted on an annual basis. In December 2021, the Compensation Committee reviewed the base salaries of our NEOs, taking into consideration a competitive market analysis performed by Willis Towers Watson. Consistent with our intended approach to provide compensation competitive with peer group companies and in recognition of their performance, the Compensation Committee approved an increase in the annual base salaries for Messrs. Logan and Schopfer effective as of December 27, 2021. The base salaries for our NEOs both before and after the increase are set forth in the table below. The actual base salaries paid to each NEO for fiscal year 20212022 are set forth abovebelow in the 20212022 Summary Compensation Table in the column entitled “Salary.”

Fiscal 2021 Base Salaries

NameBase Salary Prior to December 27, 2021
($)
Base Salary Effective as of December 27, 2021
($)
Change (%)
Mr. Logan660,000700,0006.1
Mr. Schopfer396,000450,00013.6
Mr. Freed412,000412,000-

Going forward, the Compensation Committee will review the baseFor Messrs. Logan and Schopfer, their salaries of our NEOs annually and make adjustments to base salaries as it determinescontinued to be necessary or appropriate. To the extent base salaries are adjusted, the amount of any such adjustment would reflect$700,000 and $450,000, respectively, as neither received a review of competitive market data, consideration of relative levels of pay internally, individual performance of the NEO, and any other circumstances that the Compensation Committee determines are relevant. Duesalary increase during fiscal year 2022 due to their recent salary increases in December 2021, none of the NEOs is eligible for2021. Mr. Freed's base salary continued to be $412,000, and he did not receive a salary increase during the first quarterin fiscal year 2022 as his employment with us ended on February 28, 2022. Mr. Eloy, however, received an increase of 2022.38% from €205,872 to €284,800 on February 1, 2022 in conjunction with his promotion from President of Radiation Monitoring Systems Division to Industrial Group President (Mr. Eloy's salary is determined and paid in Euros). Mr. Rossi was hired on October 1, 2022 and received a starting annual salary of $470,000.


Short-Term Incentive Compensation

Fiscal 2021 (July 1, 2020 through June 30, 2021) Short-Term Incentive Program

Prior to the October 20, 2021 Business Combination, we maintained a cash-based annual incentive program for executives, including the NEOs, in which such executives were eligible to receive cash bonuses based on achievement of specified performance goals. Such awards were designed to incentivize the NEOs with a variable level of compensation based on performance measures established by the Remuneration Committee (and, for executives other than Mr. Logan, by Mr. Logan) that were tied to predefined business and personal goals and objectives.

In fiscal year 2021, Messrs. Logan, Schopfer and Freed were eligible to earn annual cash bonuses targeted at 80%, 50% and 50%, respectively, of their base salaries (the "FY'21 Incentive Plan"). Each NEO was eligible to earn his bonus based on the attainment of business unit and personal goals and objectives, set and approved by the Remuneration Committee and Mr. Logan prior to the Business Combination (Mr. Logan’s target bonus was set and approved by the Remuneration Committee alone). Bonus amounts under the FY’21 Incentive Plan bonus pool were determined based on achievement of Adjusted EBITDA goals for each participant’s business unit(s) with an additional modifier based on our Free Cash Flow (determined on a consolidated basis), that may increase or decrease the size of a participant’s award. After calculating awards based on these objective financial metrics, 35% of the award was subject to additional specified personal business objectives determined by Mr. Logan (for NEOs other than Mr. Logan) in consultation with the Remuneration Committee, and for Mr. Logan it was determined by the Remuneration Committee alone.

In September 2021, the Remuneration Committee (which was controlled by our former controlling shareholder, Charterhouse) considered the performance goals set forth above and the overall performance of each of the NEOs during fiscal year 2021 and determined that the total amount of the cash bonuses to be paid to the NEOs with respect to fiscal year 2021 equaled the target amount of their respective FY’21 Incentive Plan opportunity. Accordingly, the Remuneration Committee determined that the actual payments for the NEOs pursuant to the FY’21 Incentive Plan for Messrs. Logan, Schopfer and Freed were $511,410, $177,613 and $199,425, respectively.

Stub 2021 Short-Term Incentive Program

In anticipation of transitioning to a calendar year reporting company beginning in 2022, we adopted a six-month short-term incentive program effective from July 1, 2021 through December 31, 2021 (the “Stub 2021 Incentive Plan”), intended to provide cash incentive compensation opportunities to our officers (including the NEOs) and employees in the interim period beginning after the end of the FY’21 Incentive Plan performance period and before the 2022 STIP (as discussed further below) went into effect. Under the Stub 2021 Incentive Plan, Messrs. Logan, Schopfer and Freed were eligible to
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earn annual cash bonuses targeted at 80%, 50% and 50%, respectively, of their base salaries. Bonus amounts under the Stub 2021 Incentive Plan were determined based on achievement of Adjusted EBITDA goals on an enterprise-wide basis, with a target Adjusted EBITDA of $81,305,000.

The Compensation Committee reviewed the performance with respect to the performance goals set forth above and determined that the Adjusted EBITDA, on a consolidated basis, was achieved at $76,612,000 or 94.2% of target. Accordingly, the Compensation Committee determined that the actual payments for the NEOs pursuant to the Stub 2021 Incentive Plan for Messrs. Logan, Schopfer and Freed were $174,736, $71,038 and $72,300, respectively.

Executive STIP for 2022


On December 27, 2021, the Compensation Committee adopted and approved the terms of the Company’s executive short-term incentive compensation program (the “STIP”) for fiscal year 2022, which will govern the terms ofprovides eligibility for annual cash incentive awards granted to eligiblecertain executives of the Company (including each of the Company’s current NEOs) going forward.. Payments under the STIP are based on the achievement of specified performance goals including 50%(50% on Adjusted EBITDA, 30% on Adjusted Organic Revenue Growth and 20% on Adjusted Free Cash Flow. Flow).

The specific targets relating to the performance goals will bewere set in connection with the establishment of the Company’s annual operating budget for the 2022 calendarfiscal year. In connection with its review and approval of the STIP, our Compensation Committee reviewed the target incentive opportunities of our NEOs, taking into
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consideration several factors, including a competitive market analysis performed by Willis Towers Watson. Consistent withWatson, our intended approachpeer group's short-term incentive bonus target opportunity for similarly situated executives, our Company's overall financial and operational results for the prior fiscal year, the performance of the individual executive officer, the executive officer's potential to provide compensationcontribute to our long-term strategic goals, his role and scope of responsibilities within our Company, his individual experience and skills, the Compensation Committee's sense of competitive with peer group companiesmarket practices for annual bonuses and in recognitionthe recommendations of their performance,our CEO (for NEOs other than himself). Based on the foregoing, the Compensation Committee approved the following target incentive opportunities (expressed as a percentage of base salary) for our NEOs for fiscal year 2022:

NEO (1)Target Incentive Opportunity
Mr. Logan100%
Mr. Schopfer65%
Mr. Eloy50%
Mr. Freed50%
Mr. Rossi60%

(1) Mr. Logan has a maximum bonus percentage of 150%. Messrs. Schopfer, Eloy, Freed and Rossi have a maximum bonus percentage of 200%.

Bonus payments under the STIP are based entirely on the achievement of predetermined corporate performance goals approved by the Board that are important objectives for our business and are designed to drive our growth as a company and long-term stockholder value. For fiscal year 2022 Messrs. Logan, Schopfer and Freed's performance goals are based 100%; on the Enterprise metrics set forth below; 75% of Mr. Eloy's performance goals are based on the Industrial Group Metrics set forth below and the remaining 25% of his performance goals are based on the Enterprise metrics; and 75% of Mr. Rossi's performance goals are based on the Medical Group Metrics set forth below, and the remaining 25% of his performance goals are based on the Enterprise Metrics. Mr. Rossi's eligible bonus amount under the STIP was also prorated based on the number of days he was employed with us in 2022 following his hire on October 1, 2022.

Enterprise Metrics
The threshold, target and maximum performance goals, as well as the actual achievement, for the "Enterprise Metrics" for fiscal year 2022 are set forth in the table below. On a consolidated basis, the Company had a GAAP net loss of $288.4 million, revenue of $717.8 million, and net cash provided by operating activities of $39.4 million for fiscal year 2022. For more information on the non-GAAP measures set forth below, including reconciliations of these measures to their most directly comparable GAAP measures, please see “Pay Versus Performance—Tabular List of Performance Measures.” For purposes of the STIP, adjusted EBITDA of $166.5 million differs from reported adjusted EBITDA of $164.7 million due to adjustments to remove impacts of current year acquisitions and setting foreign exchange impacts at the targeted exchange rates.

MetricWeightingThresholdTarget (100%)MaximumActual PerformanceAchievement Percentage
Adj. EBITDA (in millions)
50%$165.6 $184.0 $202.4 $166.5 90.5%
Adj. Organic Revenue Growth30%4.0 %6.0 %8.0 %5.7 %95.0%
Adj. Free Cash Flow (in millions)
20%$83.9 $93.2 $102.5 *—%
*    Adjusted free cash flow for fiscal year 2022 did not meet the threshold.

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Industrial Group Metrics
The threshold, target and maximum performance goals, as well as the actual achievement, for the "Industrial Group Metrics" for fiscal year 2022 are set forth in the table below. With respect to the Industrial Group, the Company had a GAAP loss from operations of $98.0 million and revenue of $446.1 million. For more information on the non-GAAP measures set forth below, including reconciliations of these measures to their most directly comparable GAAP measures, please see “Pay Versus Performance—Tabular List of Performance Measures.”
MetricWeightingThresholdTarget (100%)MaximumActual PerformanceAchievement Percentage
Adj. EBITDA (in millions)
50%$124.8 $138.7 $152.6 $126.0 90.1%
Adj. Organic Revenue Growth30%2.9 %4.3 %5.7 %0.9 %20.9%
Adj. Free Cash Flow (in millions)
20%$119.1 $132.3 $145.5 *—%
*    The Industrial Group's adjusted free cash flow for fiscal year 2022 did not meet the threshold.

Medical Group Metrics
The threshold, target and maximum performance goals, as well as the actual achievement, for the "Medical Group Metrics" for fiscal year 2022 are set forth in the table below. With respect to the Industrial Group, the Company had a GAAP net loss of $84.4 million and revenue of $271.7 million. For more information on the non-GAAP measures set forth below, including reconciliations of these measures to their most directly comparable GAAP measures, please see “Pay Versus Performance—Tabular List of Performance Measures.”
MetricWeightingThresholdTarget (100%)MaximumActual PerformanceAchievement Percentage
Adj. EBITDA (in millions)
50%$84.2 $93.5 $102.9 $86.6 92.7%
Adj. Organic Revenue Growth30%6.3 %9.5 %12.6 %15.2 %160.0%
Adj. Free Cash Flow (in millions)
20%$37.6 $41.8 $46.0 *—%
*    The Medical Group's adjusted free cash flow for fiscal year 2022 did not meet the threshold.

The Compensation Committee reviewed the performance with respect to the performance goals set forth above. Accordingly, the Compensation Committee determined that the actual payments for the NEOs pursuant to the 2022 STIP for Messrs. Logan and Schopfer – 65%;were $377,163 and $157,600, respectively; and for Messrs. Eloy and Rossi, payments were $48,575 (€46,084) and $59,084, respectively. Mr. Freed's employment with us terminated prior to end of the year. Notwithstanding the foregoing, pursuant to his employment agreement and as further described in that certain Confidential Separation Agreement and General Release of all Claims between the Company and Mr. Freed – 50%.dated February 28, 2022 (the "Freed Separation Agreement"), Mr. Freed received a pro-rated portion of his bonus under the STIP, in the amount of $18,505, as part of his severance package. The Compensation Committee did not make any discretionary adjustments to the 2022 STIP payments.


Michael Freed Short-Term IncentiveBrian Schopfer Retention Bonus

On December 27, 2021,September 30, 2022, the Compensation Committee approved a special short-term incentiveretention bonus for Mr. Schopfer with a value of $1,000,000, which was paid to Mr. FreedSchopfer on October 7, 2022 (the “Schopfer Bonus”). The Schopfer Bonus was approved by the Compensation Committee after consultation with a target value of $150,000,our CEO and our compensation consultant to be paidrecognize his past and anticipated leadership contributions to the Company's success and secure Mr. Schopfer's continued employment in two installmentsan increasingly competitive labor market. The Schopfer Bonus is subject to (i)repayment by Mr. Schopfer upon the achievementoccurrence of Adjusted EBITDA results basedcertain events between the period commencing on the Company's budgeted performance as measured on June 30,October 1, 2022 and December 31,ending on October 1, 2026 (the “Retention Period”), as follows: if, (x) Mr. Schopfer’s employment with the Company is terminated either (A) by the Company for “cause,” or (B) by Mr. Schopfer other than for "good reason” (as such terms are defined in the Schopfer Employment Agreement (as defined below)) or (y) Mr. Schopfer gives notice of his intent to terminate his employment with the Company other than for good reason prior to the end of the Retention Period. Mr. Schopfer will repay the following portion of his Schopfer Bonus to the Company within thirty (30) days after such termination of employment: (1) if the
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termination date occurs prior to October 1, 2023, 100% of the Schopfer Bonus, (2) if the termination date occurs on or after October 1, 2023 but prior to October 1, 2024, 75% of the Schopfer Bonus, (3) if the termination date occurs on or after October 1, 2024 but prior to October 1, 2025, 50% of the Schopfer Bonus, and (4) if the termination date occurs on or after October 1, 2025 but prior to October 1, 2026, 25% of the Schopfer Bonus.
Mr. Schopfer will not be required to repay the Schopfer Bonus to the Company if: (i) he remains continuously employed with the Company through the end of the Retention Period, or (ii) his continued employment through eachduring the Retention Period is terminated (A) by the Company for any reason other than cause, (B) by Mr. Schopfer for good reason, (C) by Mr. Schopfer within twelve months after a “change of control” (as defined in our 2021 Omnibus Incentive Plan (the “Incentive Plan”)) whereby the applicable payment dates. This special short-term incentiveCompany is acquired by an operating company and not a private equity investment firm and resulting in additiona material diminution in Mr. Schopfer’s authority, duties or responsibilities, or (D) by the Company due to Mr. Freed's annual Executive STIP opportunity. Because Mr. Freed departed Mirion on February 28, 2022, no portion of this special short-term incentive bonus will be paid.Schopfer’s “death” or “permanent disability” (in each case, as such terms are defined in the Schopfer Employment Agreement).


Long-Term Equity Incentive Compensation


We believe that providing long-term incentive compensation in the form of equity awards is a critical element of our executive compensation program as it reinforces our pay-for-performance culture and aligns employees’ interests and contributions with the long-term interests of the Company’s stockholders. In addition, our Compensation Committee and Board believe that offering meaningful equity ownership in the Company is helpful in retaining our NEOs and other key employees.


We adopted and obtained stockholder approval forIn April 2022, pursuant to the 2021 Omnibus Incentive Plan, (the “Incentive Plan”) in connection with the Business Combinationwe granted RSUs and in December 2021, we grantedPSUs to certain of our executive officers, including Messrs. Logan, Schopfer, and Eloy. Mr. LoganRossi received an RSU grant in November 2022 following the commencement of his employment. Mr. Freed did not receive RSU or PSU grants in 2022 because he no longer was employed by the Company after February 2022. Because the ultimate value of RSUs and Mr. Schopfer, restrictedPSUs is based on the price of our Class A common stock units (“RSUs”) and performance stock units (“PSUs”) pursuant to the Incentive Plan.

The table below sets forthwhen the RSUs and PSUs grantedvest, we believe RSUs and PSUs provide meaningful incentives to Messrs. Logan and Schopfer during 2021. These initial grants (the “Bridge RSUs” and “Bridge PSUs” and, collectively,motivate employees to achieve increases in the “Bridge Grants”) under the Incentive Plan were intended, as a retention device, to bridge the gap from the time the Incentive Plan was adopted in December 2021 until such time that the Company is in a position to make its first in-cycle annual grants under the Incentive Plan in 2022.value of our stock over time. In addition, the Compensation Committee believes PSUs more closely align the interests of our NEOs with those of our stockholders and continue to assisting retention,drive important business objectives that, in turn, drive long-term stockholder value. As compared to our peer group, the Bridge Grants were intendedNEOs equity awards are in line with the 25th percentile to reward the extraordinary efforts of certain officers and employees, including Messrs. Logan and Schopfer, in connection with executing the Business Combination.median.


Equity Awards Granted in Fiscal 2021Year 2022


NEONEORSUs Granted
(#)
PSUs Granted (Target)
(#)
NEORSUs Granted
(#)
PSUs Granted (Target)
(#)
Mr. LoganMr. Logan381,67995,419Mr. Logan223,048111,524
Mr. SchopferMr. Schopfer76,33519,083Mr. Schopfer49,56634,076
Mr. EloyMr. Eloy33,20916,356
Mr. RossiMr. Rossi80,445-


RSUs
The RSUs will vest in fourthree equal annual installments beginning on the first anniversary of the grant date, andsubject to the NEO's continued service through each vesting date.

PSUs
The PSUs willare eligible to vest following the end of a three-year performance period, subject to the achievement of specified performance goals in respect ofrelated to relative total stockholdershareholder return (“Relative TSR”) and adjusted organic revenue growth as described in more detail below.

below (we refer to this vesting schedule as our “Three-Year Performance Vesting Schedule”), and subject further to the NEO’s continued service through the applicable
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PSUs
Thevesting date. Specifically, the PSUs provide the right to receive shares of our Class A common stock at a future date, assuming performance against pre-determined metrics are achieved, specifically Relative TSR and Adjusted organic revenue growth, which are equally weighted 50% each for both Mr.Messrs. Logan, Schopfer, and Mr. Schopfer.Eloy. The number of PSUs that may be achieved are capped at 100%200% of target with the value ultimately received based on our performance against these metrics, which are key measures of our long-term performance, as well as the growth of the price of our share of Class A common stock over time. Subject to continued employment through the end of the performance period and achievement of minimum performance criteria, the PSUs granted in 2022 will be eligible to vest in 2025 following the date thatafter the Compensation Committee certifies the Company’s achievement of the performance goals (as described below) following DecemberMarch 31, 2024,2025, the final day of the performance period.


Total Shareholder Return Metrics
Relative TSR comprises 50% of the total PSU award granted to both Mr.Messrs. Logan, Schopfer and Mr. Schopfer.Eloy. The Relative TSR performance period is three years, from JanuaryApril 1, 2022 through DecemberMarch 31, 2024,2025, and is measured as compared to the Russell 2000 Industrials peers.Index. The Russell 2000 Industrial indexIndustrials Index was chosen because it is relevant to the Company is transitioning thecurrent industrial focus of its business from the industrial market to the healthcare market.Company. In future years, the Compensation Committee will reevaluate the index and associated composition.composition for new PSU grants. The following targets were set with respect to the Relative TSR metric:
PercentilePayout
Below Threshold<30%0%
Threshold30%25%
Target55%50%
Maximum≥80%100%


PercentilePayout
Below Threshold<30%0%
Threshold30%50%
Target55%100%
Maximum≥80%200%

The payout in respect of these performance sharesPSUs will be made in shares of our Class A common stock and/or cash in an amount determined based on the TSR of our common stock, assuming reinvestment of all dividends, compared to the performance of all companies in the Russell 2000 Industrials Index for the period from JanuaryApril 1, 2022 to DecemberMarch 31, 2024,2025, if the individualNEO continues as an employee until the third anniversary of the grant date (subject to provisions relating to the grantee’sNEO’s death, disability or retirement or a change of control of the Company). We use the 20-trading day average trading price of our common stock ending DecemberMarch 31 to determine the starting price and the final TSR. The potential value of a payout will fluctuate with the market value of our Class A common stock. The percentage of the Relative TSR PSUs that vest will be interpolated, on a mathematical straight-line basis. In no event will participantsthe NEOs be eligible to receive more than 100%200% of the Relative TSR PSUs.

Adjusted Organic Revenue Growth Metrics
OrganicAdjusted organic revenue growth comprisedcomprises the other 50% of the total PSU award granted to both Mr.Messrs. Logan, Schopfer and Mr. Schopfer.Eloy. The adjusted organic revenue growth performance period is three years, from JanuaryApril 1, 2022 through DecemberMarch 31, 2024.2025. The following targets were set with respect to the adjusted organic revenue growth metric:

PercentilePayout
Below Threshold<3%0%
Threshold3%50%
Target5%100%
Maximum7%200%

PROXY STATEMENTPercentilePayout
Below Threshold<5%0%
Target≥5%100%56


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OrganicAdjusted organic revenue growth is defined as reported revenue growth excluding the effects on revenue of currency translation, acquisitions and acquisitions.divestitures. For acquisitions, revenue becomes organic upon the one-year anniversary of the completion of the acquisition. For purposes of evaluating the adjusted organic revenue growth performance against the targets listed above, adjusted organic revenue growth is calculated as the compound annual organic revenue growth rate over the three-year measurement period. In no event will participantsthe NEOs be eligible to receive more than 100%200% of the adjusted organic revenue growth PSUs.
Beginning in 2022, we anticipate that the Compensation Committee or the Board will consider approving equity incentive awards to our NEOs on an annual basis.
Prior to the Business Combination, Mr. Logan and Mr. Schopfer were granted profits interests which are summarized in more detail below under “Pre-Business Combination Compensation.”
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Executive Compensation

Other Elements of Compensation
Retirement Plans
We maintain a 401(k) retirement savings plan for our employees in the United States, including the NEOs, who satisfy certain eligibility requirements. The NEOsrequirements including Messrs. Logan, Schopfer, Freed and Rossi. Messrs. Logan, Schopfer, Freed and Rossi are eligible to participate in the 401(k) plan on the same terms as other full-time employees, including matching contributions which at the beginning of 2020 were equal to 100% of a participating employee’s contribution up to the first 1% of the employee’s eligible compensation and 50% of the employee’s contribution up to the next 5% of the employee’s eligible compensation. In 2021, we amended our matching contribution under the 401(k) plan such that matching contributions are currently equal to 100% of a participating employee’s contribution up to the first 2% of the employees’ eligible compensation and 50% of the employees’ contribution up to the next 4% of the employee’s eligible compensation. Mr. Eloy participates in France's mandatory social security and supplementary pension scheme on the same terms as other French full-time employees of the French Subsidiary, as more specifically described in "Employee Benefits and Perquisites" below.

Non-Qualified Deferred Compensation Plan
We maintain an unfunded, non-qualified deferred compensation plan (the “Deferred Compensation Plan”), in which Mr. Logan and one other managerial employee participate.have historically participated (though Mr. Logan did not make any contributions in 2022). Each year, participants can elect to defer up to 100% of their base salary, bonus, commissioncommissions and/or short- and long-termshort-term incentive compensation, as applicable, under the Deferred Compensation Plan. We do not make any matching, discretionary or other similar contributions to the Deferred Compensation Plan on behalf of participants.
Participants may elect to receive compensation they have deferred upon certain qualifying distribution events (e.g., separation from service, death, disability or at a specified date) at which time account balances are distributed in cash either in a lump sum or annual installments as elected by the participant. If no election is made, account balances are distributed in a lump sum. Annual installments can be for up to five years if the qualifying distribution event is a specified date or 15 years if the qualifying distribution event is due to a separation from service. Account balances are distributed in a single lump sum to the participant’s beneficiary upon the participant’s death or disability. Participants may also elect to receive in a single lump sum, in the event of a separation from service within two years of a change in control of the Company, the entire vested portion of their account balance that was otherwise reserved for payment in installments following a separation from service or at a specified date.
Account balances under the Deferred Compensation Plan are credited with a deemed investment return (or credited with a deemed investment loss), determined as if the account was invested in one or more investment funds made available by the administrator. Participants elect the investment fund(s) in which accounts will be deemed invested. Participants may change their investment elections on a daily basis. The investment vehicle is determined by the administrator if the participant fails to make an investment election.

Employee Benefits and Perquisites
All of our full-time employees in the United States, including the NEOs,Messrs. Logan, Schopfer, Freed and Rossi, are eligible to participate in health and welfare plans, including medical, dental and vision benefits, medical and dependent care flexible spending accounts, short-term and long-term disability insurance and life insurance. Additionally, each
Currently, we do not view perquisites or other personal benefits as a significant component of our executive compensation program. However, we have provided certain perquisites to our NEOs in situations where we believe it is appropriate to assist an individual in the NEOs is entitledperformance of his duties, to company-paid premiums for long-term care insurance. Pursuant to his employment agreement, Mr. Logan is also entitled to reimbursement for certain air travelmake him more efficient and automobile expenses, as described further below.

In addition to the benefits set forth in his employment agreement, Mr. Logan also receives a $100 per month allowance for automobile maintenance. The NEOs are each also entitled to reimbursement for the costs of an annual physical examinationeffective, and financial planning services. We believe the benefits described above are necessary and appropriate to provide a competitive compensation package for recruitment and retention purposes. In addition, Mr. Eloy is entitled to our employees, including the NEOs.

Pre-Business Combination Compensation

Profits Interests
On June 16, 2021 andcertain French-related benefits due to his employment in connection with the Business Combination, the Sponsor agreed to issue 3,200,000 membership interests to Mr. Logan and 700,000 membership interests to Mr. Schopfer (collectively, the “Profits Interests”), pursuant to which Messrs. Logan and Schopfer will have an indirect interest in the founder shares held by the Sponsor. The ProfitsFrance.
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Interests are subject to service and performance vesting conditions and do not fully vest untilIn fiscal year 2022, all of the applicable conditions are satisfied,NEOs in the United States were entitled to (i) company-paid premiums for long-term care insurance in the United States, (ii) reimbursement for the costs of an annual physical examination, and (iii) financial planning services.
Pursuant to the terms of Mr. Logan's employment agreement with us, in fiscal year 2022, we reimbursed Mr. Logan for certain automobile expenses.
Pursuant to the terms of Mr. Eloy's employment agreement, we provided Mr. Eloy with a Company-leased automobile for business and personal use including the achievementcost of specified share price conditions. The grantmaintenance, tolls and gas. We also made contributions to France's mandatory social security and supplementary pension scheme (managed by AGIRC/ARRCO) for Mr. Eloy in accordance with French law and the applicable local bargaining agreement applicable to all employees of Mirion Technologies (MGPI) SAS, a French subsidiary of the Profits Interests is intended to be a one-time grant by the Sponsor in recognition of Messrs. LoganCompany and Schopfer’s efforts in connection with the Business Combination.Mr. Eloy's French employer (the "French Subsidiary"). In addition, we made contributions on behalf of Mr. Eloy to the Profits Interests are subjectGarantie Sociale du Chef d'enterprise (GSC) for purposes of providing unemployment benefits to certain forfeiture conditions. See “Certain Relationships and Related Transactions, and Director Independence—Profits Interests” for more information.

Exit Bonuses
In 2020, each of the NEOs entered into a letter agreement with Mirion Technologies (Global) Ltd., pursuant to which they became entitled to cash bonuses (the “Exit Bonuses”)Mr. Eloy in the event of an “Exit” (as such term is defined below), subjectinvoluntary termination. Such contributions are intended to the applicable NEO remaining actively employedreplace French-provided unemployment benefits, which are unavailable to Mr. Eloy due to his officer position with the Company in good standing through the date of such Exit. The Exit Bonus program was established to incentivize officers and key executives to continue to grow the business with an eye towards an eventual liquidity event, upon which the Exit Bonuses would vest and be paid. The amount of each NEO’s Exit Bonus is calculated (i) for Messrs. Logan and Freed, as the product of (x) the number of Class A ordinary shares of Mirion Technologies (Topco), Ltd. that were subscribed for or acquired by Mr. Logan or Mr. Freed, as applicable, at a price per share equal to $9.65 and that Mr. Logan or Mr. Freed, as applicable, holds immediately prior to the consummation of the applicable Exit event, multiplied by (y) $8.65 and (ii) for Mr. Schopfer, as the product of (x) the number of Class A ordinary shares of Mirion that were subscribed for or acquired by Mr. Schopfer at a price per share equal to $9.99 and that Mr. Schopfer holds immediately prior to the consummation of the applicable Exit event, multiplied by (y) $8.99. For purposes of the Exit Bonuses, “Exit” means the transfer of shares (whether through a single transaction or a series of transactions) as a result of which any person, or persons connected (as defined in Section 252 of the U.K. Companies Act) or acting in concert (as defined in the City Code on Takeovers and Mergers) with such person, holds more than 50% of the Class A and Class B ordinary shares of Mirion. The closing of the Business Combination constituted an Exit, and the Exit Bonuses vested and became payable in connection therewith.French Subsidiary.
Employment Arrangements


Logan Employment Agreement

On August 15, 2006, the Company entered into an employment agreement with Mr. Logan, which was subsequentlymost recently amended on December 22, 2008, January 1, 2009, June 16, 2010, January 1, 2011, July 1, 2011, June 16, 2021, August 13, 2021 and December 27, 2021 (as amended, the “Logan Employment Agreement”), providing for his employment as Chief Executive Officer of the Company. The Logan Employment Agreement provides that Mr. Logan is entitled to an annual base salary and is eligible for an annual incentive bonus based on the Company’s achievement of targets and milestones as determined by the Board. Beginning in calendar year 2022, Mr. Logan is also eligible to receive an annual long-term equity incentive grant having a target total grant date value equal to $2,700,000 (in 2022, 2/3 of this grant will consistconsisted of RSUs and 1/3 will consistconsisted of PSUs,PSUs; in subsequent calendar years the mix of RSUs and PSUs may be different, ifas determined by the Board in its discretion). Mr. Logan is also entitled to reimbursement for the following expenses: (i) reimbursement for first class air travel expenses, (ii) the cost of an annual local executive physical examination up to $10,000 and (iii) the costs of annual financial planning services, up to $5,000 per year.


Pursuant to the Logan Employment Agreement, upon the termination of Mr. Logan’s employment with the Company without Cause"cause" or by Mr. Logan for Good Reason,"good reason" (each, as defined in the Logan Employment Agreement), subject to his execution and non-revocation of a general release of claims against the Company, Mr. Logan will be entitled, in addition to any accrued amounts, to (i) continuation of his annual base salary for twenty-four (24) months following the date of the termination of Mr. Logan’s employment (provided that, if Mr. Logan is terminated within twenty-four (24) months of a “change in control” (as such term is defined in the Incentive Plan) that occurs after January 1, 2022, Mr. Logan will receive two (2) times the sum of his base salary and target bonus), (ii) a pro ratapro-rata portion of Mr. Logan’s annual incentive bonus for the fiscal year in which the termination of his employment occurs, payable at the same time as such payment would otherwise have been made to Mr. Logan had his employment not been terminated, and (iii) continuation of any health benefits provided by the Company to Mr. Logan and his dependents for eighteen (18) months.

The Logan Employment Agreement also provides that in the event of the termination of Mr. Logan’s employment with the Company as a result of his death or permanent disability, Mr. Logan or his estate, as applicable, will be entitled, in addition to any accrued amounts, to (i) an amount equal to Mr. Logan's base salary payable through the date of termination, (ii) a pro-rata portion of Mr. Logan's annual incentive bonus and (iii) continued health benefits for 12 months for Mr. Logan and/or his family.

In addition, to the employmentextent that any payments and benefits under the Logan Employment Agreement together with any payments or benefits under any other agreement amendment entered into bybetween the Company and Mr. Logan in December 2021 eliminated his right towould constitute a tax gross-up with respect to excise taxes relating to Sections“parachute payment” within the meaning of Section 280G and 4999 of the Internal Revenue Code and replacedof 1986, as amended (the “Code”), the amount of such payments will be reduced to an amount that provision withwould result in no
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a provision that requires that any parachute payments be reduced to the largest amount that would result in no portion of the payments being subject to anthe excise tax ifimposed by Section 4999 of the Code, to the extent that such a reduction provideswould provide Mr. Logan with the best netan after-tax result.amount greater than he would have received if there was no reduction.

“Cause” is defined in the Logan Employment Agreement generally as Mr. Logan’s (i) commission of or engagement in an act of fraud, embezzlement, sexual harassment, dishonesty or theft in connection with Mr. Logan’s duties for the Company or any of its subsidiaries, (ii) material breach of or default under the Logan Employment Agreement or Mr. Logan’s non-disclosure agreement with the Company or any similar agreement with the Company or any of its subsidiaries (which such breach or default, if reasonably capable of being cured, is not cured within two business days after written notice thereof is received by Mr. Logan, or, if reasonably capable of being cured but not within two business days, if Mr. Logan has not commenced cure in good faith within such two business day period and completed such cure as promptly as reasonably practicable thereafter), (iii) conviction of, or plea of nolo contendere with respect to, a felony, or (iv) engagement in an act of gross negligence or willful failure to perform his duties or responsibilities, including the failure to follow in any material respect a direction or written policy of the Board of Directors of the Company (which such breach or default, if reasonably capable of cure, is not cured within five business days after written notice thereof or, if reasonably capable of cure but not within five business days, if Mr. Logan has not commenced cure in good faith within such five business day period and completed such cure as promptly as reasonably practicable thereafter).

“Good Reason” is defined in the Logan Employment Agreement generally as any of the following, without Mr. Logan’s written consent: (i) a reduction in Mr. Logan’s base salary, a material reduction or discontinuation of any material incentive compensation or expense reimbursement plan or the taking of any action with the purpose of materially adversely affecting Mr. Logan’s participation in benefits under any fringe benefit provided to Mr. Logan (other than with respect to such actions taken by the Company (other than a reduction in Mr. Logan’s base salary) as part of an overall plan by the Company and made applicable to the same extent to all Company employees), (ii) a diminution in Mr. Logan’s title or position or a significant diminution in Mr. Logan’s authorities, duties or responsibilities with respect to the Company, (iii) the requirement by the Company that Mr. Logan be based in an office which is more than twenty-five (25) miles as compared to Mr. Logan’s daily commute, immediately prior to such relocation, or from his primary residence to his then principal place of employment, or (iv) any failure by the Company to comply with any material provision of the Logan Employment Agreement or any other material agreement between Mr. Logan and the Company. If Mr. Logan provides written notice of termination of his employment for Good Reason for any of the circumstances described above, the Company will have the opportunity to cure such circumstances within fifteen (15) days of receipt of such notice. If Mr. Logan does not deliver to the Company a notice of termination of his employment within ninety (90) days after Mr. Logan has knowledge that an event constituting Good Reason has occurred, such event will no longer constitute Good Reason.

In addition,Lastly, pursuant to a Confidentiality and Intellectual Property Agreement attached as an exhibit to the Logan Employment Agreement, Mr. Logan is subject to a perpetual obligation not to disclose the confidential information of the Company.


Clawback Policy
In November 2021, the Company adopted a Clawback Policy which provides that in the event the Company is required to prepare an accounting restatement due to the material noncompliance of the Company with any financial reporting requirement under securities laws, the Board will require reimbursement to the Company of any performance-based award made to any executive officer of the Company where: (i) the payment was predicated upon achieving certain financial results that were subsequently the subject of a substantial restatement of Company financial statements filed with the SEC; (ii) the members of the Board who are considered “independent” for purposes of the listing standards of NYSE determine the officer engaged in intentional misconduct that caused or substantially caused the need for the accounting restatement; and (iii) a lower payment would have been made to such officer based upon the restated financial results.
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In each such instance, the Company will, to the extent practicable, seek to recover from the executive officer the amount in excess of what would have been awarded based on the corrected performance measures.
Additionally, as we are an NYSE-listed company, we are monitoring NYSE’s mandated adoption of a new clawback listing standard, and plan to amend our Clawback Policy, as appropriate, for compliance with the standard adopted.
Tax and Accounting Considerations
Deductibility of Executive Compensation
Section 162(m) of the Internal Revenue Code (Section 162(m)) generally imposes a $1 million cap on the federal income tax deduction for compensation paid to our “covered employees” (which includes our NEOs) during any fiscal year. While the Compensation Committee considers the deductibility of awards as one factor in determining executive compensation, the Compensation Committee also looks at other factors in making its decisions, and, in the exercise of its business judgment and in accordance with its compensation philosophy, the Compensation Committee retains the flexibility to award compensation even if the compensation is not deductible by us for tax purposes, and to modify compensation that was initially intended to be tax deductible if it determines such modifications are consistent with our business needs.

Accounting for Stock-Based Compensation
The Compensation Committee takes accounting considerations into account in designing compensation plans and arrangements for our NEOs and other employees. We follow ASC Topic 718 for our stock-based compensation awards which requires us to measure the compensation expense for all share-based payment awards based on the grant date “fair value” of these awards.
Say on Pay and Stockholder Engagement
We pay careful attention to any feedback we receive from our stockholders about our executive compensation program and, in setting compensation for our NEOs, the Compensation Committee considers the results of stockholder advisory votes on “say on pay” proposals presented at our annual meetings of stockholders. Although the results of the say on pay vote are advisory and not binding on the Company, the Board and the Compensation Committee value the opinions of our stockholders and consider the results of stockholder advisory votes on “say on pay” when making compensation decisions for our NEOs.
At the 2022 annual meeting of stockholders, approximately 94% of votes cast (excluding abstentions and broker non-votes) were cast in favor of the compensation of our NEOs. In light of the strong support reflected by the results of the 2022 “say on pay” proposal, the Compensation Committee maintained our general philosophy on executive compensation for 2022.
We continue to be receptive to input from stockholders concerning our executive compensation program and will continue to consider any such feedback when making design adjustments.
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Analysis of Fiscal Year 2022 Compensation
Core Compensation Elements
The 2022 executive compensation program primarily consisted of the following elements: base salary, short-term (annual) incentive compensation, and long-term equity incentive compensation in the form of RSUs and PSUs. Each element, which is further discussed below, is intended to reward and motivate executives in different ways consistent with our overall compensation philosophy. Each of the above-described compensation elements for our NEOs for fiscal year 2022 is discussed in detail below, including a description of the particular element and how it fits into our overall executive compensation philosophy and objectives.

Base Salary

The base salary payable to each NEO is intended to provide a fixed component of compensation reflecting the executive’s skill set, experience, role, and responsibilities. We believe that a competitive base salary is a necessary element of our executive compensation program and is critical in attracting and retaining executive talent, including our NEOs. Base salaries for our NEOs are also intended to be competitive with salaries received by other individuals in similar positions at the companies with which we compete for talent, as well as equitable internally across our executive team. As compared to our peer group, our NEOs base salaries are in line with the median.
Base salaries for our NEOs were established initially through arm's-length negotiations at the time each individual was hired. Subsequent adjustments to base salaries were based on such individual's performance and promotions, as well as compensation surveys, our own analysis of compensation practices at peer companies, internal pay equity considerations, and contractual terms. In making decisions regarding salary adjustments, our Board or Compensation Committee also draw upon the experience that members of our Board have within our industry. We do not assign a specific weight to any single factor in making decisions regarding base salary adjustments. If appropriate, base salaries are adjusted on an annual basis. The actual base salaries paid to each NEO for fiscal year 2022 are set forth below in the 2022 Summary Compensation Table in the column entitled “Salary.”
For Messrs. Logan and Schopfer, their salaries continued to be $700,000 and $450,000, respectively, as neither received a salary increase during fiscal year 2022 due to their recent salary increases in December 2021. Mr. Freed's base salary continued to be $412,000, and he did not receive a salary increase in fiscal year 2022 as his employment with us ended on February 28, 2022. Mr. Eloy, however, received an increase of 38% from €205,872 to €284,800 on February 1, 2022 in conjunction with his promotion from President of Radiation Monitoring Systems Division to Industrial Group President (Mr. Eloy's salary is determined and paid in Euros). Mr. Rossi was hired on October 1, 2022 and received a starting annual salary of $470,000.

Short-Term Incentive Compensation

On December 27, 2021, the Compensation Committee adopted and approved the terms of the Company’s executive short-term incentive compensation program (the “STIP”) for fiscal year 2022, which provides eligibility for annual cash incentive awards to certain executives of the Company (including each of the Company’s NEOs). Payments under the STIP are based on the achievement of specified performance goals (50% on Adjusted EBITDA, 30% on Adjusted Organic Revenue Growth and 20% on Adjusted Free Cash Flow).

The specific targets relating to the performance goals were set in connection with the establishment of the Company’s annual operating budget for the 2022 fiscal year. In connection with its review and approval of the STIP, our Compensation Committee reviewed the target incentive opportunities of our NEOs, taking into
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consideration several factors, including a competitive market analysis performed by Willis Towers Watson, our peer group's short-term incentive bonus target opportunity for similarly situated executives, our Company's overall financial and operational results for the prior fiscal year, the performance of the individual executive officer, the executive officer's potential to contribute to our long-term strategic goals, his role and scope of responsibilities within our Company, his individual experience and skills, the Compensation Committee's sense of competitive market practices for annual bonuses and the recommendations of our CEO (for NEOs other than himself). Based on the foregoing, the Compensation Committee approved the following target incentive opportunities (expressed as a percentage of base salary) for our NEOs for fiscal year 2022:

NEO (1)Target Incentive Opportunity
Mr. Logan100%
Mr. Schopfer65%
Mr. Eloy50%
Mr. Freed50%
Mr. Rossi60%

(1) Mr. Logan has a maximum bonus percentage of 150%. Messrs. Schopfer, Eloy, Freed and Rossi have a maximum bonus percentage of 200%.

Bonus payments under the STIP are based entirely on the achievement of predetermined corporate performance goals approved by the Board that are important objectives for our business and are designed to drive our growth as a company and long-term stockholder value. For fiscal year 2022 Messrs. Logan, Schopfer and Freed's performance goals are based 100% on the Enterprise metrics set forth below; 75% of Mr. Eloy's performance goals are based on the Industrial Group Metrics set forth below and the remaining 25% of his performance goals are based on the Enterprise metrics; and 75% of Mr. Rossi's performance goals are based on the Medical Group Metrics set forth below, and the remaining 25% of his performance goals are based on the Enterprise Metrics. Mr. Rossi's eligible bonus amount under the STIP was also prorated based on the number of days he was employed with us in 2022 following his hire on October 1, 2022.

Enterprise Metrics
The threshold, target and maximum performance goals, as well as the actual achievement, for the "Enterprise Metrics" for fiscal year 2022 are set forth in the table below. On a consolidated basis, the Company had a GAAP net loss of $288.4 million, revenue of $717.8 million, and net cash provided by operating activities of $39.4 million for fiscal year 2022. For more information on the non-GAAP measures set forth below, including reconciliations of these measures to their most directly comparable GAAP measures, please see “Pay Versus Performance—Tabular List of Performance Measures.” For purposes of the STIP, adjusted EBITDA of $166.5 million differs from reported adjusted EBITDA of $164.7 million due to adjustments to remove impacts of current year acquisitions and setting foreign exchange impacts at the targeted exchange rates.

MetricWeightingThresholdTarget (100%)MaximumActual PerformanceAchievement Percentage
Adj. EBITDA (in millions)
50%$165.6 $184.0 $202.4 $166.5 90.5%
Adj. Organic Revenue Growth30%4.0 %6.0 %8.0 %5.7 %95.0%
Adj. Free Cash Flow (in millions)
20%$83.9 $93.2 $102.5 *—%
*    Adjusted free cash flow for fiscal year 2022 did not meet the threshold.

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Industrial Group Metrics
The threshold, target and maximum performance goals, as well as the actual achievement, for the "Industrial Group Metrics" for fiscal year 2022 are set forth in the table below. With respect to the Industrial Group, the Company had a GAAP loss from operations of $98.0 million and revenue of $446.1 million. For more information on the non-GAAP measures set forth below, including reconciliations of these measures to their most directly comparable GAAP measures, please see “Pay Versus Performance—Tabular List of Performance Measures.”
MetricWeightingThresholdTarget (100%)MaximumActual PerformanceAchievement Percentage
Adj. EBITDA (in millions)
50%$124.8 $138.7 $152.6 $126.0 90.1%
Adj. Organic Revenue Growth30%2.9 %4.3 %5.7 %0.9 %20.9%
Adj. Free Cash Flow (in millions)
20%$119.1 $132.3 $145.5 *—%
*    The Industrial Group's adjusted free cash flow for fiscal year 2022 did not meet the threshold.

Medical Group Metrics
The threshold, target and maximum performance goals, as well as the actual achievement, for the "Medical Group Metrics" for fiscal year 2022 are set forth in the table below. With respect to the Industrial Group, the Company had a GAAP net loss of $84.4 million and revenue of $271.7 million. For more information on the non-GAAP measures set forth below, including reconciliations of these measures to their most directly comparable GAAP measures, please see “Pay Versus Performance—Tabular List of Performance Measures.”
MetricWeightingThresholdTarget (100%)MaximumActual PerformanceAchievement Percentage
Adj. EBITDA (in millions)
50%$84.2 $93.5 $102.9 $86.6 92.7%
Adj. Organic Revenue Growth30%6.3 %9.5 %12.6 %15.2 %160.0%
Adj. Free Cash Flow (in millions)
20%$37.6 $41.8 $46.0 *—%
*    The Medical Group's adjusted free cash flow for fiscal year 2022 did not meet the threshold.

The Compensation Committee reviewed the performance with respect to the performance goals set forth above. Accordingly, the Compensation Committee determined that the actual payments for the NEOs pursuant to the 2022 STIP for Messrs. Logan and Schopfer were $377,163 and $157,600, respectively; and for Messrs. Eloy and Rossi, payments were $48,575 (€46,084) and $59,084, respectively. Mr. Freed's employment with us terminated prior to end of the year. Notwithstanding the foregoing, pursuant to his employment agreement and as further described in that certain Confidential Separation Agreement and General Release of all Claims between the Company and Mr. Freed dated February 28, 2022 (the "Freed Separation Agreement"), Mr. Freed received a pro-rated portion of his bonus under the STIP, in the amount of $18,505, as part of his severance package. The Compensation Committee did not make any discretionary adjustments to the 2022 STIP payments.

Brian Schopfer Retention Bonus
On September 30, 2022, the Compensation Committee approved a special retention bonus for Mr. Schopfer with a value of $1,000,000, which was paid to Mr. Schopfer on October 7, 2022 (the “Schopfer Bonus”). The Schopfer Bonus was approved by the Compensation Committee after consultation with our CEO and our compensation consultant to recognize his past and anticipated leadership contributions to the Company's success and secure Mr. Schopfer's continued employment in an increasingly competitive labor market. The Schopfer Bonus is subject to repayment by Mr. Schopfer upon the occurrence of certain events between the period commencing on October 1, 2022 and ending on October 1, 2026 (the “Retention Period”), as follows: if, (x) Mr. Schopfer’s employment with the Company is terminated either (A) by the Company for “cause,” or (B) by Mr. Schopfer other than for "good reason” (as such terms are defined in the Schopfer Employment Agreement (as defined below)) or (y) Mr. Schopfer gives notice of his intent to terminate his employment with the Company other than for good reason prior to the end of the Retention Period. Mr. Schopfer will repay the following portion of his Schopfer Bonus to the Company within thirty (30) days after such termination of employment: (1) if the

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termination date occurs prior to October 1, 2023, 100% of the Schopfer Bonus, (2) if the termination date occurs on or after October 1, 2023 but prior to October 1, 2024, 75% of the Schopfer Bonus, (3) if the termination date occurs on or after October 1, 2024 but prior to October 1, 2025, 50% of the Schopfer Bonus, and (4) if the termination date occurs on or after October 1, 2025 but prior to October 1, 2026, 25% of the Schopfer Bonus.
Mr. Schopfer will not be required to repay the Schopfer Bonus to the Company if: (i) he remains continuously employed with the Company through the end of the Retention Period, or (ii) his employment during the Retention Period is terminated (A) by the Company for any reason other than cause, (B) by Mr. Schopfer for good reason, (C) by Mr. Schopfer within twelve months after a “change of control” (as defined in our 2021 Omnibus Incentive Plan (the “Incentive Plan”)) whereby the Company is acquired by an operating company and not a private equity investment firm and resulting in a material diminution in Mr. Schopfer’s authority, duties or responsibilities, or (D) by the Company due to Mr. Schopfer’s “death” or “permanent disability” (in each case, as such terms are defined in the Schopfer Employment Agreement).

Long-Term Equity Incentive Compensation

We believe that providing long-term incentive compensation in the form of equity awards is a critical element of our executive compensation program as it reinforces our pay-for-performance culture and aligns employees’ interests and contributions with the long-term interests of the Company’s stockholders. In addition, our Compensation Committee and Board believe that offering meaningful equity ownership in the Company is helpful in retaining our NEOs and other key employees.

In April 2022, pursuant to the Incentive Plan, we granted RSUs and PSUs to certain of our executive officers, including Messrs. Logan, Schopfer, and Eloy. Mr. Rossi received an RSU grant in November 2022 following the commencement of his employment. Mr. Freed did not receive RSU or PSU grants in 2022 because he no longer was employed by the Company after February 2022. Because the ultimate value of RSUs and PSUs is based on the price of our Class A common stock when the RSUs and PSUs vest, we believe RSUs and PSUs provide meaningful incentives to motivate employees to achieve increases in the value of our stock over time. In addition, the Compensation Committee believes PSUs more closely align the interests of our NEOs with those of our stockholders and continue to drive important business objectives that, in turn, drive long-term stockholder value. As compared to our peer group, the NEOs equity awards are in line with the 25th percentile to the median.

Equity Awards Granted in Fiscal Year 2022

NEORSUs Granted
(#)
PSUs Granted (Target)
(#)
Mr. Logan223,048111,524
Mr. Schopfer49,56634,076
Mr. Eloy33,20916,356
Mr. Rossi80,445-

RSUs
The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the NEO's continued service through each vesting date.

PSUs
The PSUs are eligible to vest following the end of a three-year performance period, subject to the achievement of specified performance goals related to relative total shareholder return (“Relative TSR”) and adjusted organic revenue growth as described in more detail below (we refer to this vesting schedule as our “Three-Year Performance Vesting Schedule”), and subject further to the NEO’s continued service through the applicable
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vesting date. Specifically, the PSUs provide the right to receive shares of our Class A common stock at a future date, assuming performance against pre-determined metrics are achieved, specifically Relative TSR and Adjusted organic revenue growth, which are equally weighted 50% each for Messrs. Logan, Schopfer, and Eloy. The number of PSUs that may be achieved are capped at 200% of target with the value ultimately received based on our performance against these metrics, which are key measures of our long-term performance, as well as the growth of the price of our share of Class A common stock over time. Subject to continued employment through the end of the performance period and achievement of minimum performance criteria, the PSUs granted in 2022 will be eligible to vest in 2025 after the Compensation Committee certifies the Company’s achievement of the performance goals (as described below) following March 31, 2025, the final day of the performance period.

Total Shareholder Return Metrics
Relative TSR comprises 50% of the total PSU award granted to Messrs. Logan, Schopfer and Eloy. The Relative TSR performance period is three years, from April 1, 2022 through March 31, 2025, and is measured as compared to the Russell 2000 Industrials Index. The Russell 2000 Industrials Index was chosen because it is relevant to the current industrial focus of the Company. In future years, the Compensation Committee will reevaluate the index and associated composition for new PSU grants. The following targets were set with respect to the Relative TSR metric:

PercentilePayout
Below Threshold<30%0%
Threshold30%50%
Target55%100%
Maximum≥80%200%

The payout in respect of these PSUs will be made in shares of our Class A common stock and/or cash in an amount determined based on the TSR of our common stock, assuming reinvestment of all dividends, compared to the performance of all companies in the Russell 2000 Industrials Index for the period from April 1, 2022 to March 31, 2025, if the NEO continues as an employee until the third anniversary of the grant date (subject to provisions relating to the NEO’s death, disability or retirement or a change of control of the Company). We use the 20-trading day average trading price of our common stock ending March 31 to determine the starting price and the final TSR. The potential value of a payout will fluctuate with the market value of our Class A common stock. The percentage of the Relative TSR PSUs that vest will be interpolated, on a mathematical straight-line basis. In no event will the NEOs be eligible to receive more than 200% of the Relative TSR PSUs.
Adjusted Organic Revenue Growth Metrics
Adjusted organic revenue growth comprises the other 50% of the total PSU award granted to Messrs. Logan, Schopfer and Eloy. The adjusted organic revenue growth performance period is three years, from April 1, 2022 through March 31, 2025. The following targets were set with respect to the adjusted organic revenue growth metric:

PercentilePayout
Below Threshold<3%0%
Threshold3%50%
Target5%100%
Maximum7%200%

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Adjusted organic revenue growth is defined as reported revenue growth excluding the effects on revenue of currency translation, acquisitions and divestitures. For acquisitions, revenue becomes organic upon the one-year anniversary of the completion of the acquisition. For purposes of evaluating the adjusted organic revenue growth performance against the targets listed above, adjusted organic revenue growth is calculated as the compound annual organic revenue growth rate over the three-year measurement period. In no event will the NEOs be eligible to receive more than 200% of the adjusted organic revenue growth PSUs.
Other Elements of Compensation
Retirement Plans
We maintain a 401(k) retirement savings plan for our employees in the United States, who satisfy certain eligibility requirements including Messrs. Logan, Schopfer, Freed and Rossi. Messrs. Logan, Schopfer, Freed and Rossi are eligible to participate in the 401(k) plan on the same terms as other full-time employees, including matching contributions which are currently equal to 100% of a participating employee’s contribution up to the first 2% of the employees’ eligible compensation and 50% of the employees’ contribution up to the next 4% of the employee’s eligible compensation. Mr. Eloy participates in France's mandatory social security and supplementary pension scheme on the same terms as other French full-time employees of the French Subsidiary, as more specifically described in "Employee Benefits and Perquisites" below.
Non-Qualified Deferred Compensation Plan
We maintain an unfunded, non-qualified deferred compensation plan (the “Deferred Compensation Plan”), in which Mr. Logan and one other managerial employee have historically participated (though Mr. Logan did not make any contributions in 2022). Each year, participants can elect to defer up to 100% of their base salary, bonus, commissions and/or short-term incentive compensation, as applicable, under the Deferred Compensation Plan. We do not make any matching, discretionary or other similar contributions to the Deferred Compensation Plan on behalf of participants.
Participants may elect to receive compensation they have deferred upon certain qualifying distribution events (e.g., separation from service, death, disability or at a specified date) at which time account balances are distributed in cash either in a lump sum or annual installments as elected by the participant. If no election is made, account balances are distributed in a lump sum. Annual installments can be for up to five years if the qualifying distribution event is a specified date or 15 years if the qualifying distribution event is due to a separation from service. Account balances are distributed in a single lump sum to the participant’s beneficiary upon the participant’s death or disability. Participants may also elect to receive in a single lump sum, in the event of a separation from service within two years of a change in control of the Company, the entire vested portion of their account balance that was otherwise reserved for payment in installments following a separation from service or at a specified date.
Account balances under the Deferred Compensation Plan are credited with a deemed investment return (or credited with a deemed investment loss), determined as if the account was invested in one or more investment funds made available by the administrator. Participants elect the investment fund(s) in which accounts will be deemed invested. Participants may change their investment elections on a daily basis. The investment vehicle is determined by the administrator if the participant fails to make an investment election.
Employee Benefits and Perquisites
All of our full-time employees in the United States, including Messrs. Logan, Schopfer, Freed and Rossi, are eligible to participate in health and welfare plans, including medical, dental and vision benefits, medical and dependent care flexible spending accounts, short-term and long-term disability insurance and life insurance.
Currently, we do not view perquisites or other personal benefits as a significant component of our executive compensation program. However, we have provided certain perquisites to our NEOs in situations where we believe it is appropriate to assist an individual in the performance of his duties, to make him more efficient and effective, and to provide a competitive compensation package for recruitment and retention purposes. In addition, Mr. Eloy is entitled to certain French-related benefits due to his employment in France.
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In fiscal year 2022, all of the NEOs in the United States were entitled to (i) company-paid premiums for long-term care insurance in the United States, (ii) reimbursement for the costs of an annual physical examination, and (iii) financial planning services.
Pursuant to the terms of Mr. Logan's employment agreement with us, in fiscal year 2022, we reimbursed Mr. Logan for certain automobile expenses.
Pursuant to the terms of Mr. Eloy's employment agreement, we provided Mr. Eloy with a Company-leased automobile for business and personal use including the cost of maintenance, tolls and gas. We also made contributions to France's mandatory social security and supplementary pension scheme (managed by AGIRC/ARRCO) for Mr. Eloy in accordance with French law and the applicable local bargaining agreement applicable to all employees of Mirion Technologies (MGPI) SAS, a French subsidiary of the Company and Mr. Eloy's French employer (the "French Subsidiary"). In addition, we made contributions on behalf of Mr. Eloy to the Garantie Sociale du Chef d'enterprise (GSC) for purposes of providing unemployment benefits to Mr. Eloy in the event of involuntary termination. Such contributions are intended to replace French-provided unemployment benefits, which are unavailable to Mr. Eloy due to his officer position with the French Subsidiary.
Employment Arrangements

Logan Employment Agreement
On May 1, 2020,August 15, 2006, the Company entered into the Third Amended and Restated Employment Agreementan employment agreement with Mr. Schopfer,Logan, which was subsequentlymost recently amended on December 27, 2021 (as amended, the “Schopfer“Logan Employment Agreement”)., providing for his employment as Chief Executive Officer of the Company. The SchopferLogan Employment Agreement provides that Mr. SchopferLogan is entitled to an annual base salary and is eligible for an annual performanceincentive bonus based on personalthe Company’s achievement of targets and corporate performance goalsmilestones as determined by the Company’sBoard. Beginning in calendar year 2022, Mr. Logan is also eligible to receive an annual long-term equity incentive grant having a target total grant date value equal to $2,700,000 (in 2022, 2/3 of this grant consisted of RSUs and 1/3 consisted of PSUs; in subsequent calendar years the mix of RSUs and PSUs may be different, as determined by the Board of Directors.in its discretion). Mr. SchopferLogan is also entitled to (i) an annual allowance of $5,000 to cover costs for any personal financial or tax advisory services retained in connection with any matter arising as a result of Mr. Schopfer holding shares of, or any other investment in, the Company and (ii) reimbursement for the following expenses: (i) reimbursement for first class air travel expenses, (ii) the cost of an annual local executive physical examination up to $5,000.$10,000 and (iii) the costs of annual financial planning services, up to $5,000 per year.


Pursuant to the SchopferLogan Employment Agreement, upon the termination of Mr. Schopfer’sLogan’s employment with the Company without Cause"cause" or by Mr. SchopferLogan for Good Reason,"good reason" (each, as defined in the Logan Employment Agreement), subject to his execution and non-revocation of
a general release of claims against the Company, Mr. SchopferLogan will be entitled, in addition to any accrued amounts, to (i) continuation of his annual base salary for twelve (12)twenty-four (24) months following the date of the termination of Mr. Schopfer’sLogan’s employment (such twelve (12)-month period, the “Schopfer Severance Period”) (provided that, if Mr. Schopfer's employmentLogan is terminated without Cause or for Good Reason within twelve (12)twenty-four (24) months of a “change in control” (as such term is defined in the Incentive Plan) that occurs after January 1, 2022, Mr. SchopferLogan will receive an amount equal to one (1)two (2) times the sum of his base salary and target bonus), (ii) a pro ratapro-rata portion of Mr. Schopfer’sLogan’s annual incentive bonus for the fiscal year in which the termination of his employment occurs, payable at the same time as such payment would otherwise have been made to Mr. SchopferLogan had his employment not been terminated, , and (iii) continued paymentcontinuation of any health benefits provided by the Company for the Schopfer Severance Period or, if earlier, until the date on whichto Mr. Schopfer commences employment with and becomes eligible for health care benefits from a new employer, of the premiums associated with group health continuation coverage premiums for Mr. SchopferLogan and his dependents under COBRA.

for eighteen (18) months.
The SchopferLogan Employment Agreement also provides that in the event of the termination of Mr. Schopfer’sLogan’s employment with the Company as a result of his death or permanent disability, Mr. SchopferLogan or his estate, as applicable, will be entitled, in addition to any accrued amounts, to (i) an amount equal to Mr. Logan's base salary payable through the date of termination, (ii) a pro-rata portion of Mr. Logan's annual incentive bonus.bonus and (iii) continued health benefits for 12 months for Mr. Logan and/or his family.

In addition, to the extent that any payments and benefits under the Logan Employment Agreement together with any payments or benefits under any other agreement between the Company and Mr. Logan would constitute a “parachute payment” within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), the amount of such payments will be reduced to an amount that would result in no
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For purposesportion of the Schopfer Employment Agreement, “Cause” is defined in a manner that is substantially similarpayments being subject to the definitionexcise tax imposed by Section 4999 of such term in the Logan Employment Agreement, and “Good Reason” is defined in a manner that is substantially similarCode, to the definition ofextent that such term in the Freed Employment Agreement.a reduction would provide Mr. Logan with an after-tax amount greater than he would have received if there was no reduction.

In addition,Lastly, pursuant to a Confidentiality Non-Interference and Intellectual Property Agreement attached as an exhibit to the SchopferLogan Employment Agreement, Mr. SchopferLogan is subject to (i) a covenant restricting him from interfering with the business of the Company by soliciting, diverting or enticing away any officer, employee or consultant of the Company or any of its subsidiaries to accept employment with a third party for a period of 12 months following his termination of employment with the Company for any reason, (ii) a covenant restricting him in perpetuity from using the confidential information of the Company to solicit, divert or entice away (A) any actual or prospective customer of the Company or any of its subsidiaries to become a customer of any third party that is engaged in any business or operations that were also engaged in by the Company during Mr. Schopfer’s employment with the Company or (B) any customer or supplier to cease doing business with the Company or any of its subsidiaries and (iii) a perpetual obligation not to disclose the confidential information of the Company.


Freed Employment Agreement

On July 16, 2016, the Company entered into an employment agreement with Mr. Freed, which was subsequently amended on December 27, 2021 (as amended, the “Freed Employment Agreement”). The Freed Employment Agreement provides that Mr. Freed is entitled to an annual base salary and is eligible for an annual performance bonus based on personal and corporate performance goals as determined by the Board. Mr. Freed is also entitled to (i) an annual allowance of $5,000 to cover costs for any personal financial or tax advisory services retained in connection with any matter arising as a result of Mr. Schopfer holding shares of, or any other investment in, the Company and reimbursement for the cost of an annual physical examination and (ii) the cost of an annual local executive physical examination up to $5,000.

Pursuant to the Freed Employment Agreement, upon the termination of Mr. Freed’s employment with the Company without Cause or by Mr. Freed for Good Reason, subject to his execution and non-revocation of a general release of claims against the Company, Mr. Freed will be entitled, in addition to any accrued amounts, to (i) continuation of his annual base salary for twelve (12) months following the date of the termination of Mr. Freed’s employment with the Company (such twelve (12)-month period, the “Freed Severance Period”) (provided that, if Mr. Freed is terminated within twelve (12) months of a “change in control” (as such term is defined in the Incentive Plan) that occurs after January 1, 2022, Mr. Freed will receive an amount equal to one (1) times the sum of his base salary and target bonus), (ii) a pro rata portion of Mr. Freed’s annual incentive bonus for the fiscal year in which the termination of his employment occurs, payable at the same time as such payment would otherwise have been made to Mr. Freed had his employment not been terminated, and (iii) continued payment by the Company for the Freed Severance Period or, if earlier, until the date on which Mr. Freed commences employment with and becomes eligible for health care benefits from a new employer, of the premiums associated with group health continuation coverage premiums for Mr. Freed and his dependents under COBRA.

The Freed Employment Agreement also provides that in the event of the termination of Mr. Freed’s employment with the Company as a result of his death or permanent disability, Mr. Freed or his estate, as applicable, will be entitled, in addition to any accrued amounts, to a pro-rata annual incentive bonus.

For purposes of the Freed Employment Agreement, “Cause” is defined in a manner that is substantially similar to the definition of such term in the Logan Employment Agreement. Under the Freed Employment Agreement, “Good Reason” is defined generally as any of the following, without Mr. Freed’s consent: (i) a material reduction in Mr. Freed’s base salary, (ii) a material diminution in Mr. Freed’s authorities, duties or responsibilities with respect to the Company, (iii) the requirement by the Company that Mr. Freed be based in an office which increases his commute by more than twenty-five (25) miles in relation to Mr. Freed’s then-principal place of employment, or (iv) any material breach by the Company of any material provision of the Freed Employment Agreement. If Mr. Freed provides written notice of termination of his employment for Good Reason for any of the circumstances described above, the Company will have the opportunity to cure such circumstances within thirty (30) days of receipt of such notice. If Mr. Freed does not deliver to the Company a notice of termination of his employment within thirty (30) days after Mr. Freed has knowledge that an event constituting Good Reason has occurred, such event will no longer constitute Good Reason.

In addition, pursuant to a Confidentiality, Non-Interference and Intellectual Property Agreement attached as an exhibit to the Freed Employment Agreement, Mr. Freed is subject to (i) non-competition restrictions with respect to certain competitors of the Company in certain geographical locations for a period of 12 months following his termination of employment with the Company for any reason, (ii) non-solicitation restrictions (with respect to certain employees and customers of the Company) for a period of 12 months following his termination of employment for any reason and (iii) a perpetual obligation not to disclose the confidential information of the Company; provided that, if the Company wishes to enforce the 12-month non-competition restriction, the Company must pay Mr. Freed additional consideration equal to 50% the sum of his base salary and his pro rata incentive bonus.
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Executive Compensation
Other Compensation Governance Practices

Share Ownership Guidelines

The Compensation Committee believes that purchasing and holding the Company’s shares of common stock creates an incentive to manage the Company prudently and has established minimum share ownership requirements for our NEOs and certain other employees. Our CEO is required to hold at least 5x his base salary, our CFO is required to hold at least 3x his base salary and our other NEO(s) are required to hold at least 1x their base salary. In addition, our non-employee directors are required to hold 3x their annual cash retainer. Shares owned outright, unvested restricted stock and RSUs and shares or share equivalent units underlying deferred fees paid to directors are included in the calculation of share ownership.

Participants have five years to achieve these guidelines and must retain all of their net shares received as a result of the vesting, payment or distribution of any restricted stock units, performance stock units or director deferred stock units until this requirement is met.

Clawback Policy

In November 2021, the Company adopted a Clawback Policy thatwhich provides that in the event the Company is required to prepare an accounting restatement due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, the Board will require reimbursement to the Company of any performance-based award made to any executive officer of the Company where: (i) the payment was predicated upon achieving certain financial results that were subsequently the subject of a substantial restatement of Company financial statements filed with the SEC; (ii) the members of the Board who are considered “independent” for purposes of the listing standards of NYSE determine the officer engaged in intentional misconduct that caused or substantially caused the need for the accounting restatement; and (iii) a lower payment would have been made to such officer based upon the restated financial results.

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In each such instance, the Company will, to the extent practicable, seek to recover from the executive officer the amount in excess of what would have been awarded based on the corrected performance measures.
Additionally, as we are an NYSE-listed company, we are monitoring NYSE’s mandated adoption of a new clawback listing standard, and plan to amend our Clawback Policy, as appropriate, for compliance with the standard adopted.
Tax and Accounting Considerations
Deductibility of Executive Compensation

Section 162(m) of the IRCInternal Revenue Code (Section 162(m)) generally imposes a $1 million cap on the federal income tax deduction for compensation paid to our “covered employees” (which includes our NEOs)) during any fiscal year. While the Compensation Committee considers the deductibility of awards as one factor in determining executive compensation, the Compensation Committee also looks at other factors in making its decisions, and, in the exercise of its business judgment and in accordance with its compensation philosophy, the Compensation Committee retains the flexibility to award compensation even if the compensation is not deductible by us for tax purposes, and to modify compensation that was initially intended to be tax deductible if it determines such modifications are consistent with our business needs.


Accounting for Stock-Based Compensation

The Compensation Committee takes accounting considerations into account in designing compensation plans and arrangements for our NEOs and other employees. We follow ASC Topic 718 for our stock-based compensation awards which requires us to measure the compensation expense for all share-based payment awards based on the grant date “fair value” of these awards.

Say on Pay and Stockholder Engagement
We pay careful attention to any feedback we receive from our stockholders about our executive compensation program and, in setting compensation for our NEOs, the Compensation Committee considers the results of stockholder advisory votes on “say on pay” proposals presented at our annual meetings of stockholders. Although the results of the say on pay vote are advisory and not binding on the Company, the Board and the Compensation Committee value the opinions of our stockholders and consider the results of stockholder advisory votes on “say on pay” when making compensation decisions for our NEOs.
At the 2022 annual meeting of stockholders, approximately 94% of votes cast (excluding abstentions and broker non-votes) were cast in favor of the compensation of our NEOs. In light of the strong support reflected by the results of the 2022 “say on pay” proposal, the Compensation Committee maintained our general philosophy on executive compensation for 2022.
We continue to be receptive to input from stockholders concerning our executive compensation program and will continue to consider any such feedback when making design adjustments.
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Analysis of Fiscal Year 2022 Compensation
Core Compensation Elements
The 2022 executive compensation program primarily consisted of the following elements: base salary, short-term (annual) incentive compensation, and long-term equity incentive compensation in the form of RSUs and PSUs. Each element, which is further discussed below, is intended to reward and motivate executives in different ways consistent with our overall compensation philosophy. Each of the above-described compensation elements for our NEOs for fiscal year 2022 is discussed in detail below, including a description of the particular element and how it fits into our overall executive compensation philosophy and objectives.

Base Salary

The base salary payable to each NEO is intended to provide a fixed component of compensation reflecting the executive’s skill set, experience, role, and responsibilities. We believe that a competitive base salary is a necessary element of our executive compensation program and is critical in attracting and retaining executive talent, including our NEOs. Base salaries for our NEOs are also intended to be competitive with salaries received by other individuals in similar positions at the companies with which we compete for talent, as well as equitable internally across our executive team. As compared to our peer group, our NEOs base salaries are in line with the median.
Base salaries for our NEOs were established initially through arm's-length negotiations at the time each individual was hired. Subsequent adjustments to base salaries were based on such individual's performance and promotions, as well as compensation surveys, our own analysis of compensation practices at peer companies, internal pay equity considerations, and contractual terms. In making decisions regarding salary adjustments, our Board or Compensation Committee also draw upon the experience that members of our Board have within our industry. We do not assign a specific weight to any single factor in making decisions regarding base salary adjustments. If appropriate, base salaries are adjusted on an annual basis. The actual base salaries paid to each NEO for fiscal year 2022 are set forth below in the 2022 Summary Compensation Table in the column entitled “Salary.”
For Messrs. Logan and Schopfer, their salaries continued to be $700,000 and $450,000, respectively, as neither received a salary increase during fiscal year 2022 due to their recent salary increases in December 2021. Mr. Freed's base salary continued to be $412,000, and he did not receive a salary increase in fiscal year 2022 as his employment with us ended on February 28, 2022. Mr. Eloy, however, received an increase of 38% from €205,872 to €284,800 on February 1, 2022 in conjunction with his promotion from President of Radiation Monitoring Systems Division to Industrial Group President (Mr. Eloy's salary is determined and paid in Euros). Mr. Rossi was hired on October 1, 2022 and received a starting annual salary of $470,000.

Short-Term Incentive Compensation

On December 27, 2021, the Compensation Committee adopted and approved the terms of the Company’s executive short-term incentive compensation program (the “STIP”) for fiscal year 2022, which provides eligibility for annual cash incentive awards to certain executives of the Company (including each of the Company’s NEOs). Payments under the STIP are based on the achievement of specified performance goals (50% on Adjusted EBITDA, 30% on Adjusted Organic Revenue Growth and 20% on Adjusted Free Cash Flow).

The specific targets relating to the performance goals were set in connection with the establishment of the Company’s annual operating budget for the 2022 fiscal year. In connection with its review and approval of the STIP, our Compensation Committee reviewed the target incentive opportunities of our NEOs, taking into
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consideration several factors, including a competitive market analysis performed by Willis Towers Watson, our peer group's short-term incentive bonus target opportunity for similarly situated executives, our Company's overall financial and operational results for the prior fiscal year, the performance of the individual executive officer, the executive officer's potential to contribute to our long-term strategic goals, his role and scope of responsibilities within our Company, his individual experience and skills, the Compensation Committee's sense of competitive market practices for annual bonuses and the recommendations of our CEO (for NEOs other than himself). Based on the foregoing, the Compensation Committee approved the following target incentive opportunities (expressed as a percentage of base salary) for our NEOs for fiscal year 2022:

NEO (1)Target Incentive Opportunity
Mr. Logan100%
Mr. Schopfer65%
Mr. Eloy50%
Mr. Freed50%
Mr. Rossi60%

(1) Mr. Logan has a maximum bonus percentage of 150%. Messrs. Schopfer, Eloy, Freed and Rossi have a maximum bonus percentage of 200%.

Bonus payments under the STIP are based entirely on the achievement of predetermined corporate performance goals approved by the Board that are important objectives for our business and are designed to drive our growth as a company and long-term stockholder value. For fiscal year 2022 Messrs. Logan, Schopfer and Freed's performance goals are based 100% on the Enterprise metrics set forth below; 75% of Mr. Eloy's performance goals are based on the Industrial Group Metrics set forth below and the remaining 25% of his performance goals are based on the Enterprise metrics; and 75% of Mr. Rossi's performance goals are based on the Medical Group Metrics set forth below, and the remaining 25% of his performance goals are based on the Enterprise Metrics. Mr. Rossi's eligible bonus amount under the STIP was also prorated based on the number of days he was employed with us in 2022 following his hire on October 1, 2022.

Enterprise Metrics
The threshold, target and maximum performance goals, as well as the actual achievement, for the "Enterprise Metrics" for fiscal year 2022 are set forth in the table below. On a consolidated basis, the Company had a GAAP net loss of $288.4 million, revenue of $717.8 million, and net cash provided by operating activities of $39.4 million for fiscal year 2022. For more information on the non-GAAP measures set forth below, including reconciliations of these measures to their most directly comparable GAAP measures, please see “Pay Versus Performance—Tabular List of Performance Measures.” For purposes of the STIP, adjusted EBITDA of $166.5 million differs from reported adjusted EBITDA of $164.7 million due to adjustments to remove impacts of current year acquisitions and setting foreign exchange impacts at the targeted exchange rates.

MetricWeightingThresholdTarget (100%)MaximumActual PerformanceAchievement Percentage
Adj. EBITDA (in millions)
50%$165.6 $184.0 $202.4 $166.5 90.5%
Adj. Organic Revenue Growth30%4.0 %6.0 %8.0 %5.7 %95.0%
Adj. Free Cash Flow (in millions)
20%$83.9 $93.2 $102.5 *—%
*    Adjusted free cash flow for fiscal year 2022 did not meet the threshold.

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Industrial Group Metrics
The threshold, target and maximum performance goals, as well as the actual achievement, for the "Industrial Group Metrics" for fiscal year 2022 are set forth in the table below. With respect to the Industrial Group, the Company had a GAAP loss from operations of $98.0 million and revenue of $446.1 million. For more information on the non-GAAP measures set forth below, including reconciliations of these measures to their most directly comparable GAAP measures, please see “Pay Versus Performance—Tabular List of Performance Measures.”
MetricWeightingThresholdTarget (100%)MaximumActual PerformanceAchievement Percentage
Adj. EBITDA (in millions)
50%$124.8 $138.7 $152.6 $126.0 90.1%
Adj. Organic Revenue Growth30%2.9 %4.3 %5.7 %0.9 %20.9%
Adj. Free Cash Flow (in millions)
20%$119.1 $132.3 $145.5 *—%
*    The Industrial Group's adjusted free cash flow for fiscal year 2022 did not meet the threshold.

Medical Group Metrics
The threshold, target and maximum performance goals, as well as the actual achievement, for the "Medical Group Metrics" for fiscal year 2022 are set forth in the table below. With respect to the Industrial Group, the Company had a GAAP net loss of $84.4 million and revenue of $271.7 million. For more information on the non-GAAP measures set forth below, including reconciliations of these measures to their most directly comparable GAAP measures, please see “Pay Versus Performance—Tabular List of Performance Measures.”
MetricWeightingThresholdTarget (100%)MaximumActual PerformanceAchievement Percentage
Adj. EBITDA (in millions)
50%$84.2 $93.5 $102.9 $86.6 92.7%
Adj. Organic Revenue Growth30%6.3 %9.5 %12.6 %15.2 %160.0%
Adj. Free Cash Flow (in millions)
20%$37.6 $41.8 $46.0 *—%
*    The Medical Group's adjusted free cash flow for fiscal year 2022 did not meet the threshold.

The Compensation Committee reviewed the performance with respect to the performance goals set forth above. Accordingly, the Compensation Committee determined that the actual payments for the NEOs pursuant to the 2022 STIP for Messrs. Logan and Schopfer were $377,163 and $157,600, respectively; and for Messrs. Eloy and Rossi, payments were $48,575 (€46,084) and $59,084, respectively. Mr. Freed's employment with us terminated prior to end of the year. Notwithstanding the foregoing, pursuant to his employment agreement and as further described in that certain Confidential Separation Agreement and General Release of all Claims between the Company and Mr. Freed dated February 28, 2022 (the "Freed Separation Agreement"), Mr. Freed received a pro-rated portion of his bonus under the STIP, in the amount of $18,505, as part of his severance package. The Compensation Committee did not make any discretionary adjustments to the 2022 STIP payments.

Brian Schopfer Retention Bonus
On September 30, 2022, the Compensation Committee approved a special retention bonus for Mr. Schopfer with a value of $1,000,000, which was paid to Mr. Schopfer on October 7, 2022 (the “Schopfer Bonus”). The Schopfer Bonus was approved by the Compensation Committee after consultation with our CEO and our compensation consultant to recognize his past and anticipated leadership contributions to the Company's success and secure Mr. Schopfer's continued employment in an increasingly competitive labor market. The Schopfer Bonus is subject to repayment by Mr. Schopfer upon the occurrence of certain events between the period commencing on October 1, 2022 and ending on October 1, 2026 (the “Retention Period”), as follows: if, (x) Mr. Schopfer’s employment with the Company is terminated either (A) by the Company for “cause,” or (B) by Mr. Schopfer other than for "good reason” (as such terms are defined in the Schopfer Employment Agreement (as defined below)) or (y) Mr. Schopfer gives notice of his intent to terminate his employment with the Company other than for good reason prior to the end of the Retention Period. Mr. Schopfer will repay the following portion of his Schopfer Bonus to the Company within thirty (30) days after such termination of employment: (1) if the
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termination date occurs prior to October 1, 2023, 100% of the Schopfer Bonus, (2) if the termination date occurs on or after October 1, 2023 but prior to October 1, 2024, 75% of the Schopfer Bonus, (3) if the termination date occurs on or after October 1, 2024 but prior to October 1, 2025, 50% of the Schopfer Bonus, and (4) if the termination date occurs on or after October 1, 2025 but prior to October 1, 2026, 25% of the Schopfer Bonus.
Mr. Schopfer will not be required to repay the Schopfer Bonus to the Company if: (i) he remains continuously employed with the Company through the end of the Retention Period, or (ii) his employment during the Retention Period is terminated (A) by the Company for any reason other than cause, (B) by Mr. Schopfer for good reason, (C) by Mr. Schopfer within twelve months after a “change of control” (as defined in our 2021 Omnibus Incentive Plan (the “Incentive Plan”)) whereby the Company is acquired by an operating company and not a private equity investment firm and resulting in a material diminution in Mr. Schopfer’s authority, duties or responsibilities, or (D) by the Company due to Mr. Schopfer’s “death” or “permanent disability” (in each case, as such terms are defined in the Schopfer Employment Agreement).

Long-Term Equity Incentive Compensation

We believe that providing long-term incentive compensation in the form of equity awards is a critical element of our executive compensation program as it reinforces our pay-for-performance culture and aligns employees’ interests and contributions with the long-term interests of the Company’s stockholders. In addition, our Compensation Committee and Board believe that offering meaningful equity ownership in the Company is helpful in retaining our NEOs and other key employees.

In April 2022, pursuant to the Incentive Plan, we granted RSUs and PSUs to certain of our executive officers, including Messrs. Logan, Schopfer, and Eloy. Mr. Rossi received an RSU grant in November 2022 following the commencement of his employment. Mr. Freed did not receive RSU or PSU grants in 2022 because he no longer was employed by the Company after February 2022. Because the ultimate value of RSUs and PSUs is based on the price of our Class A common stock when the RSUs and PSUs vest, we believe RSUs and PSUs provide meaningful incentives to motivate employees to achieve increases in the value of our stock over time. In addition, the Compensation Committee believes PSUs more closely align the interests of our NEOs with those of our stockholders and continue to drive important business objectives that, in turn, drive long-term stockholder value. As compared to our peer group, the NEOs equity awards are in line with the 25th percentile to the median.

Equity Awards Granted in Fiscal Year 2022

NEORSUs Granted
(#)
PSUs Granted (Target)
(#)
Mr. Logan223,048111,524
Mr. Schopfer49,56634,076
Mr. Eloy33,20916,356
Mr. Rossi80,445-

RSUs
The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the NEO's continued service through each vesting date.

PSUs
The PSUs are eligible to vest following the end of a three-year performance period, subject to the achievement of specified performance goals related to relative total shareholder return (“Relative TSR”) and adjusted organic revenue growth as described in more detail below (we refer to this vesting schedule as our “Three-Year Performance Vesting Schedule”), and subject further to the NEO’s continued service through the applicable
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vesting date. Specifically, the PSUs provide the right to receive shares of our Class A common stock at a future date, assuming performance against pre-determined metrics are achieved, specifically Relative TSR and Adjusted organic revenue growth, which are equally weighted 50% each for Messrs. Logan, Schopfer, and Eloy. The number of PSUs that may be achieved are capped at 200% of target with the value ultimately received based on our performance against these metrics, which are key measures of our long-term performance, as well as the growth of the price of our share of Class A common stock over time. Subject to continued employment through the end of the performance period and achievement of minimum performance criteria, the PSUs granted in 2022 will be eligible to vest in 2025 after the Compensation Committee certifies the Company’s achievement of the performance goals (as described below) following March 31, 2025, the final day of the performance period.

Total Shareholder Return Metrics
Relative TSR comprises 50% of the total PSU award granted to Messrs. Logan, Schopfer and Eloy. The Relative TSR performance period is three years, from April 1, 2022 through March 31, 2025, and is measured as compared to the Russell 2000 Industrials Index. The Russell 2000 Industrials Index was chosen because it is relevant to the current industrial focus of the Company. In future years, the Compensation Committee will reevaluate the index and associated composition for new PSU grants. The following targets were set with respect to the Relative TSR metric:

PercentilePayout
Below Threshold<30%0%
Threshold30%50%
Target55%100%
Maximum≥80%200%

The payout in respect of these PSUs will be made in shares of our Class A common stock and/or cash in an amount determined based on the TSR of our common stock, assuming reinvestment of all dividends, compared to the performance of all companies in the Russell 2000 Industrials Index for the period from April 1, 2022 to March 31, 2025, if the NEO continues as an employee until the third anniversary of the grant date (subject to provisions relating to the NEO’s death, disability or retirement or a change of control of the Company). We use the 20-trading day average trading price of our common stock ending March 31 to determine the starting price and the final TSR. The potential value of a payout will fluctuate with the market value of our Class A common stock. The percentage of the Relative TSR PSUs that vest will be interpolated, on a mathematical straight-line basis. In no event will the NEOs be eligible to receive more than 200% of the Relative TSR PSUs.
Adjusted Organic Revenue Growth Metrics
Adjusted organic revenue growth comprises the other 50% of the total PSU award granted to Messrs. Logan, Schopfer and Eloy. The adjusted organic revenue growth performance period is three years, from April 1, 2022 through March 31, 2025. The following targets were set with respect to the adjusted organic revenue growth metric:

PercentilePayout
Below Threshold<3%0%
Threshold3%50%
Target5%100%
Maximum7%200%

PROXY STATEMENT56

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Adjusted organic revenue growth is defined as reported revenue growth excluding the effects on revenue of currency translation, acquisitions and divestitures. For acquisitions, revenue becomes organic upon the one-year anniversary of the completion of the acquisition. For purposes of evaluating the adjusted organic revenue growth performance against the targets listed above, adjusted organic revenue growth is calculated as the compound annual organic revenue growth rate over the three-year measurement period. In no event will the NEOs be eligible to receive more than 200% of the adjusted organic revenue growth PSUs.
Other Elements of Compensation
Retirement Plans
We maintain a 401(k) retirement savings plan for our employees in the United States, who satisfy certain eligibility requirements including Messrs. Logan, Schopfer, Freed and Rossi. Messrs. Logan, Schopfer, Freed and Rossi are eligible to participate in the 401(k) plan on the same terms as other full-time employees, including matching contributions which are currently equal to 100% of a participating employee’s contribution up to the first 2% of the employees’ eligible compensation and 50% of the employees’ contribution up to the next 4% of the employee’s eligible compensation. Mr. Eloy participates in France's mandatory social security and supplementary pension scheme on the same terms as other French full-time employees of the French Subsidiary, as more specifically described in "Employee Benefits and Perquisites" below.
Non-Qualified Deferred Compensation Plan
We maintain an unfunded, non-qualified deferred compensation plan (the “Deferred Compensation Plan”), in which Mr. Logan and one other managerial employee have historically participated (though Mr. Logan did not make any contributions in 2022). Each year, participants can elect to defer up to 100% of their base salary, bonus, commissions and/or short-term incentive compensation, as applicable, under the Deferred Compensation Plan. We do not make any matching, discretionary or other similar contributions to the Deferred Compensation Plan on behalf of participants.
Participants may elect to receive compensation they have deferred upon certain qualifying distribution events (e.g., separation from service, death, disability or at a specified date) at which time account balances are distributed in cash either in a lump sum or annual installments as elected by the participant. If no election is made, account balances are distributed in a lump sum. Annual installments can be for up to five years if the qualifying distribution event is a specified date or 15 years if the qualifying distribution event is due to a separation from service. Account balances are distributed in a single lump sum to the participant’s beneficiary upon the participant’s death or disability. Participants may also elect to receive in a single lump sum, in the event of a separation from service within two years of a change in control of the Company, the entire vested portion of their account balance that was otherwise reserved for payment in installments following a separation from service or at a specified date.
Account balances under the Deferred Compensation Plan are credited with a deemed investment return (or credited with a deemed investment loss), determined as if the account was invested in one or more investment funds made available by the administrator. Participants elect the investment fund(s) in which accounts will be deemed invested. Participants may change their investment elections on a daily basis. The investment vehicle is determined by the administrator if the participant fails to make an investment election.
Employee Benefits and Perquisites
All of our full-time employees in the United States, including Messrs. Logan, Schopfer, Freed and Rossi, are eligible to participate in health and welfare plans, including medical, dental and vision benefits, medical and dependent care flexible spending accounts, short-term and long-term disability insurance and life insurance.
Currently, we do not view perquisites or other personal benefits as a significant component of our executive compensation program. However, we have provided certain perquisites to our NEOs in situations where we believe it is appropriate to assist an individual in the performance of his duties, to make him more efficient and effective, and to provide a competitive compensation package for recruitment and retention purposes. In addition, Mr. Eloy is entitled to certain French-related benefits due to his employment in France.
PROXY STATEMENT57

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In fiscal year 2022, all of the NEOs in the United States were entitled to (i) company-paid premiums for long-term care insurance in the United States, (ii) reimbursement for the costs of an annual physical examination, and (iii) financial planning services.
Pursuant to the terms of Mr. Logan's employment agreement with us, in fiscal year 2022, we reimbursed Mr. Logan for certain automobile expenses.
Pursuant to the terms of Mr. Eloy's employment agreement, we provided Mr. Eloy with a Company-leased automobile for business and personal use including the cost of maintenance, tolls and gas. We also made contributions to France's mandatory social security and supplementary pension scheme (managed by AGIRC/ARRCO) for Mr. Eloy in accordance with French law and the applicable local bargaining agreement applicable to all employees of Mirion Technologies (MGPI) SAS, a French subsidiary of the Company and Mr. Eloy's French employer (the "French Subsidiary"). In addition, we made contributions on behalf of Mr. Eloy to the Garantie Sociale du Chef d'enterprise (GSC) for purposes of providing unemployment benefits to Mr. Eloy in the event of involuntary termination. Such contributions are intended to replace French-provided unemployment benefits, which are unavailable to Mr. Eloy due to his officer position with the French Subsidiary.
Employment Arrangements

Logan Employment Agreement
On August 15, 2006, the Company entered into an employment agreement with Mr. Logan, which was most recently amended on December 27, 2021 (as amended, the “Logan Employment Agreement”), providing for his employment as Chief Executive Officer of the Company. The Logan Employment Agreement provides that Mr. Logan is entitled to an annual base salary and is eligible for an annual incentive bonus based on the Company’s achievement of targets and milestones as determined by the Board. Beginning in calendar year 2022, Mr. Logan is also eligible to receive an annual long-term equity incentive grant having a target total grant date value equal to $2,700,000 (in 2022, 2/3 of this grant consisted of RSUs and 1/3 consisted of PSUs; in subsequent calendar years the mix of RSUs and PSUs may be different, as determined by the Board in its discretion). Mr. Logan is also entitled to reimbursement for the following expenses: (i) reimbursement for first class air travel expenses, (ii) the cost of an annual local executive physical examination up to $10,000 and (iii) the costs of annual financial planning services, up to $5,000 per year.

Pursuant to the Logan Employment Agreement, upon the termination of Mr. Logan’s employment with the Company without "cause" or by Mr. Logan for "good reason" (each, as defined in the Logan Employment Agreement), subject to his execution and non-revocation of a general release of claims against the Company, Mr. Logan will be entitled, in addition to any accrued amounts, to (i) continuation of his annual base salary for twenty-four (24) months following the date of the termination of Mr. Logan’s employment (provided that, if Mr. Logan is terminated within twenty-four (24) months of a “change in control” (as such term is defined in the Incentive Plan) that occurs after January 1, 2022, Mr. Logan will receive two (2) times the sum of his base salary and target bonus), (ii) a pro-rata portion of Mr. Logan’s annual incentive bonus for the fiscal year in which the termination of his employment occurs, payable at the same time as such payment would otherwise have been made to Mr. Logan had his employment not been terminated, and (iii) continuation of any health benefits provided by the Company to Mr. Logan and his dependents for eighteen (18) months.
The Logan Employment Agreement also provides that in the event of the termination of Mr. Logan’s employment with the Company as a result of his death or permanent disability, Mr. Logan or his estate, as applicable, will be entitled, in addition to any accrued amounts, to (i) an amount equal to Mr. Logan's base salary payable through the date of termination, (ii) a pro-rata portion of Mr. Logan's annual incentive bonus and (iii) continued health benefits for 12 months for Mr. Logan and/or his family.
In addition, to the extent that any payments and benefits under the Logan Employment Agreement together with any payments or benefits under any other agreement between the Company and Mr. Logan would constitute a “parachute payment” within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), the amount of such payments will be reduced to an amount that would result in no
PROXY STATEMENT58

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portion of the payments being subject to the excise tax imposed by Section 4999 of the Code, to the extent that such a reduction would provide Mr. Logan with an after-tax amount greater than he would have received if there was no reduction.
Lastly, pursuant to a Confidentiality and Intellectual Property Agreement attached as an exhibit to the Logan Employment Agreement, Mr. Logan is subject to a perpetual obligation not to disclose the confidential information of the Company.

Schopfer Employment Agreement
On May 1, 2020, the Company entered into the Third Amended and Restated Employment Agreement with Mr. Schopfer, which was subsequently amended on December 27, 2021 (as amended, the “Schopfer Employment Agreement”). The Schopfer Employment Agreement provides that Mr. Schopfer is entitled to an annual base salary and is eligible for an annual performance bonus based on personal and corporate performance goals as determined by the Company’s Board. Mr. Schopfer is also entitled to (i) an annual allowance of $5,000 to cover costs for any personal financial or tax advisory services retained in connection with any matter arising as a result of Mr. Schopfer holding shares of, or any other investment in, the Company and (ii) reimbursement for the cost of an annual physical examination up to $5,000.

Pursuant to the Schopfer Employment Agreement, upon the termination of Mr. Schopfer’s employment with the Company without "cause" or by Mr. Schopfer for "good reason" (each, as defined in the Schopfer Employment Agreement), subject to his execution and non-revocation of a general release of claims against the Company, Mr. Schopfer will be entitled, in addition to any accrued amounts, to (i) continuation of his annual base salary for twelve (12) months following the date of the termination of Mr. Schopfer’s employment (such twelve (12)-month period, the “Schopfer Severance Period”) (provided that, if Mr. Schopfer's employment is terminated without Cause or for Good Reason within twelve (12) months of a “change in control” (as such term is defined in the Incentive Plan) that occurs after January 1, 2022, Mr. Schopfer will receive an amount equal to one (1) times the sum of his base salary and target bonus), (ii) a pro-rata portion of Mr. Schopfer’s annual incentive bonus for the fiscal year in which the termination of his employment occurs, payable at the same time as such payment would otherwise have been made to Mr. Schopfer had his employment not been terminated, and (iii) continued payment by the Company, for the Schopfer Severance Period or, if earlier, until the date on which Mr. Schopfer commences employment with and becomes eligible for health care benefits from a new employer, of the premiums associated with group health continuation coverage premiums for Mr. Schopfer and his dependents under COBRA.

The Schopfer Employment Agreement also provides that in the event of the termination of Mr. Schopfer’s employment with the Company as a result of his death or permanent disability, Mr. Schopfer or his estate, as applicable, will be entitled, in addition to any accrued amounts, to (i) an amount equal to Mr. Schopfer's base salary payable through the date of termination and (ii) a pro-rata portion of Mr. Schopfer's annual incentive bonus, if any, for the applicable period during the fiscal year ending on the date of termination.
In addition, pursuant to a Confidentiality, Non-Interference and Intellectual Property Agreement attached as an exhibit to the Schopfer Employment Agreement, Mr. Schopfer is subject to (i) a covenant restricting him from interfering with the business of the Company by soliciting, diverting or enticing away any officer, employee or consultant of the Company or any of its subsidiaries to accept employment with a third party for a period of 12 months following his termination of employment with the Company for any reason, (ii) a covenant restricting him in perpetuity from using the confidential information of the Company to solicit, divert or entice away (A) any actual or prospective customer of the Company or any of its subsidiaries to become a customer of any third party that is engaged in any business or operations that were also engaged in by the Company during Mr. Schopfer’s employment with the Company or (B) any customer or supplier to cease doing business with the Company or any of its subsidiaries and (iii) a perpetual obligation not to disclose the confidential information of the Company.

PROXY STATEMENT59

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Freed Employment Agreement
On July 16, 2016, the Company entered into an employment agreement with Mr. Freed, which was subsequently amended on December 27, 2021 (as amended, the “Freed Employment Agreement”). The Freed Employment Agreement provided that Mr. Freed is entitled to an annual base salary and is eligible for an annual performance bonus based on personal and corporate performance goals as determined by the Board. Mr. Freed is also entitled to (i) an annual allowance of $5,000 to cover costs for any personal financial or tax advisory services retained in connection with any matter arising as a result of Mr. Freed holding shares of, or any other investment in the Company and (ii) reimbursement for the cost of an annual executive physical examination for up to $3,000.
Pursuant to the Freed Employment Agreement, upon the termination of Mr. Freed’s employment with the Company without "cause" or by Mr. Freed for "good reason" (each as defined in the Freed Employment Agreement), subject to his execution and non-revocation of a general release of claims against the Company, Mr. Freed will be entitled, in addition to any accrued amounts, to (i) continuation of his annual base salary for twelve (12) months following the date of the termination of Mr. Freed’s employment with the Company (such twelve (12)-month period, the “Freed Severance Period”) (provided that, if Mr. Freed is terminated within twelve (12) months of a “change in control” (as such term is defined in the Incentive Plan) that occurs after January 1, 2022, Mr. Freed will receive an amount equal to one (1) times the sum of his base salary and target bonus), (ii) a pro-rata portion of Mr. Freed’s annual incentive bonus for the fiscal year in which the termination of his employment occurs, payable at the same time as such payment would otherwise have been made to Mr. Freed had his employment not been terminated, and (iii) continued payment by the Company for the Freed Severance Period or, if earlier, until the date on which Mr. Freed commences employment with and becomes eligible for health care benefits from a new employer, of the premiums associated with group health continuation coverage premiums for Mr. Freed and his dependents under COBRA.
The Freed Employment Agreement also provides that in the event of the termination of Mr. Freed’s employment with the Company as a result of his death or permanent disability, Mr. Freed or his estate, as applicable, will be entitled, in addition to any accrued amounts, to (i) an amount equal to Mr. Freed's base salary payable through the date of termination and (ii) a pro-rata portion of Mr. Freed's annual incentive bonus, if any, for the applicable period during the fiscal year ending on the date of termination.
In addition, pursuant to a Confidentiality, Non-Interference and Intellectual Property Agreement attached as an exhibit to the Freed Employment Agreement, Mr. Freed is subject to (i) non-competition restrictions with respect to certain competitors of the Company in certain geographical locations for a period of 12 months following his termination of employment with the Company for any reason, (ii) non-solicitation restrictions (with respect to certain employees and customers of the Company) for a period of 12 months following his termination of employment for any reason and (iii) a perpetual obligation not to disclose the confidential information of the Company; provided that, if the Company wishes to enforce the 12-month non-competition restriction, the Company must pay Mr. Freed additional consideration equal to 50% the sum of his base salary and his pro-rata incentive bonus.
On February 28, 2022 (the "Separation Date"), the Company entered into a Confidential Separation Agreement and General Release of Claims with Mr. Freed (the "Freed Separation Agreement") providing for the following severance payments, which were paid to Mr. Freed pursuant to the terms of the Freed Employment Agreement: (i) twelve (12) months base salary as of the Separation Date, (ii) Mr. Freed's annual incentive bonus for fiscal year 2021, (iii) a pro-rata portion of Mr. Freed’s annual incentive bonus for fiscal year 2022, and (iv) the premiums associated with group health continuation coverage premiums for Mr. Freed and his dependents under COBRA for twelve (12) months following the Separation Date. Specifically, Mr. Freed received or will receive the following severance payments in accordance with the Freed Separation Agreement in 2022: $412,000 in base salary, $76,843 in annual incentive bonus for fiscal year 2021, $18,505 as the pro-rated annual incentive bonus for fiscal year 2022, and $31,226 in COBRA premiums.

PROXY STATEMENT60

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Eloy Employment Agreement
Mr. Eloy entered into an employment agreement with the French Subsidiary effective April 1, 2017, which was most recently amended on February 3, 2022 (as amended, the "Eloy Employment Agreement"). The Eloy Employment Agreement provides that Mr. Eloy is entitled to an annual base salary and is eligible for an annual performance bonus based on personal and corporate performance goals as determined by the Compensation Committee. Mr. Eloy is also entitled to (a) a French customary "thirteenth month" bonus, paid in July and December of each calendar year at the rate of 30% and 70%, respectively, of Mr. Eloy's then current base salary, which bonus represents a payment for twelve (12) months of employment and is otherwise prorated for a shorter period of employment (note that this "thirteenth month" bonus is included as part of, and not in addition to, Mr. Eloy's annual base salary), (b) a Company-leased automobile for business and personal use, including the costs of maintenance, tolls and gas, (c) contributions to France's mandatory social security and supplemental pension scheme (managed by AGIRC/ARRCO) in accordance with French law and the applicable local bargaining agreement of the French Subsidiary (the "Local Enterprise Agreement"), (d) lunch vouchers, in accordance with the Local Enterprise Agreement, (e) an annual allowance of $5,000 (Euro converted equivalent) to cover the costs of personal financial planning services, (f) reimbursement for the cost of an annual physical examination up to $5,000 (Euro converted equivalent), and (g) moving expenses in connection with his relocation to the United States, including reimbursement of travel costs up to €15,000, payable upon receipt of supporting documentation. Mr. Eloy also receives an indemnity for serving as managing director of one of the Company's German affiliates.
The Eloy Employment Agreement is otherwise subject to the French collective bargaining agreement of the National Collective Agreement for Engineers and Executive for the Metallurgy Sector, French labor law and the Local Enterprise Agreement which provide for separate statutory, collective bargaining or local entitlements such as participation and profit sharing bonuses.
Pursuant to the Eloy Employment Agreement, upon his termination (other than termination due to retirement) at the initiative of the French Subsidiary, Mr. Eloy will receive a contractual termination indemnity in the amount of twelve (12) months base salary as well as incentive compensation earned, prorated to the date of termination. Mr. Eloy will also receive statutory and collective termination indemnities in accordance with French Labor Law and the National Collective Agreement for Engineers and Executive for the Metallurgy Sector, in amounts that will vary in accordance with the circumstances of Mr. Eloy's termination.
In addition, if at the time of his retirement, Mr. Eloy is employed by the French Subsidiary, he will be entitled to a retirement bonus in an amount equal to 4 times his median monthly salary (based on the last twelve months prior to retirement), pursuant to the National Collective Agreement for Engineers and Executive for the Metallurgy Sector.
The Eloy Employment Agreement contains standard confidentiality, assignment of intellectual property, and non-competition covenants.

Rossi Employment Agreement
On October 1, 2022, the Company entered into an Employment Agreement with Mr. Rossi (the “Rossi Employment Agreement”). The Rossi Employment Agreement provides that Mr. Rossi is entitled to an annual base salary and is eligible for an annual performance bonus based on personal and corporate performance goals as determined by the Company’s Board. Mr. Rossi is also entitled to (i) an annual allowance of $5,000 to cover costs for any personal financial or tax advisory services and (ii) reimbursement for the cost of an annual executive physical examination up to $5,000.

Pursuant to the Rossi Employment Agreement, upon the termination of Mr. Rossi’s employment with the Company without "cause" or by Mr. Rossi for "good reason" (each defined in the Rossi Employment Agreement), subject to his execution and non-revocation of a general release of claims against the Company, Mr. Rossi will be entitled, in addition to any accrued amounts, to (i) continuation of his annual base salary for twelve (12) months following the date of the termination of Mr. Rossi’s employment (such twelve (12)-month period, the “Rossi Severance Period”) (provided that, if Mr. Rossi's employment is terminated without cause or for good
PROXY STATEMENT61

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reason within twelve (12) months of a “change in control” (as such term is defined in the Incentive Plan) Mr. Rossi will receive an amount equal to one (1) times the sum of his base salary and target bonus), (ii) a pro-rata portion of Mr. Rossi’s annual incentive bonus for the fiscal year in which the termination of his employment occurs, payable at the same time as such payment would otherwise have been made to Mr. Rossi had his employment not been terminated, and (iii) continued payment by the Company, for the Rossi Severance Period or, if earlier, until the date on which Mr. Rossi commences employment with and becomes eligible for health care benefits from a new employer, of the premiums associated with group health continuation coverage premiums for Mr. Rossi and his dependents under COBRA.
The Rossi Employment Agreement also provides that in the event of the termination of Mr. Rossi’s employment with the Company as a result of his death or permanent disability, Mr. Rossi or his estate, as applicable, will be entitled, in addition to any accrued amounts, to (i) an amount equal to Mr. Rossi’s base salary payable through the date of termination and (ii) a pro-rata portion of Mr. Rossi’s annual incentive bonus, if any, for the applicable period during the fiscal year ending on the date of termination.
In addition, pursuant to a Confidentiality, Non-Interference and Intellectual Property Agreement attached as an exhibit to the Rossi Employment Agreement, Mr. Rossi is subject to (i) a covenant restricting him from interfering with the business of the Company by soliciting, diverting or enticing away any officer, employee or consultant of the Company or any of its subsidiaries to accept employment with a third party for a period of 12 months following his termination of employment with the Company for any reason, (ii) a covenant restricting him in perpetuity from using the confidential information of the Company to solicit, divert or entice away (A) any actual or prospective customer of the Company or any of its subsidiaries to become a customer of any third party that is engaged in any business or operations that were also engaged in by the Company during Mr. Rossi’s employment with the Company or (B) any customer or supplier to cease doing business with the Company or any of its subsidiaries and (iii) a perpetual obligation not to disclose the confidential information of the Company.
PROXY STATEMENT62

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Compensation Committee Report


The Compensation Committee has reviewed and discussed this CD&A with management and, based on such review and discussions, the Compensation Committee recommended to the Board that the CD&A be included in this Proxy.




Respectfully submitted,


Robert A. Cascella (chair)
Steven W. Etzel
John W. Kuo
Sheila Rege

PROXY STATEMENT3563

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Executive Compensation Tabular Disclosures
Summary Compensation Table
The following table sets forth the annual and long-term compensation awarded to or paid to the NEOs for services rendered to the Company in all capacities during (i) the period beginning July 1, 2020 and ending June 30, 2021 (the "Prior Fiscal Year""Fiscal Year 2021") and, (ii) the period beginning July 1, 2021 and ending December 31, 2021.2021 (the "Partial Fiscal Year 2021"), and the period beginning January 1, 2022 and ending December 31, 2022 ("Fiscal Year 2022").


Name and Principal PositionPeriodSalary ($)(1)Bonus(2) ($)Stock Awards ($)(3)Non-Equity Incentive Plan Compensation ($)(4)Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)All Other Compensation ($)(5)(6)Total ($)
Thomas Logan
Chairman and Chief Executive Officer
July 1, 2021-December 31, 2021325,763511,5745,509,532174,736314,77146,2006,882,576
July 1, 2020-June 30, 2021632,26219,240,000511,410166,71672,02520,770,468
Brian Schopfer
Chief Financial Officer
July 1, 2021-December 31, 2021195,195123,9901,101,89271,03810,4391,502,554
July 1, 2020-June 30, 2021355,2274,208,750177,61315,9644,757,554
Michael Freed
Chief Operating Officer
July 1, 2021-December 31, 2021213,263432,50072,3008,557726,620
July 1, 2020-June 30, 2021398,851199,45512,167610,473


Name and Principal PositionPeriodSalary ($)Bonus ($)
Stock Awards (1) ($)
Non-Equity Incentive Plan Compensation (2) ($)
Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)
All Other Compensation (3)(4)(5) ($)
Total ($)
Thomas Logan (6)
Chief Executive Officer
Fiscal Year 2022700,000 2,901,854 377,163 96,082 4,075,099 
Partial Fiscal Year 2021325,763 511,574 5,754,761 174,736 314,771 46,200 7,127,805 
Fiscal Year 2021632,262 19,236,645 511,410 166,716 72,025 20,619,058 
Brian Schopfer
Chief Financial Officer
Fiscal Year 2022450,000 — 736,669 157,600 27,307 1,371,576 
Partial Fiscal Year 2021195,195 123,990 1,101,892 71,038 10,439 1,502,554 
Fiscal Year 2021355,227 4,208,016 177,613 15,964 4,756,820 
Michael Freed
Former Chief Operating Officer
Fiscal Year 202271,860 (7)— 541,567 613,427 
Partial Fiscal Year 2021213,263 432,500 72,300 8,557 726,620 
Fiscal Year 2021398,851 199,455 12,167 610,473 
Loic Eloy (8)
Group President, Industrial
Fiscal Year 2022270,706 
23,092 (9)
429,594 
55,141 (10)
92,927 871,460 
Partial Fiscal Year 2021
Fiscal Year 2021
Michael Rossi (11)
Group President, Medical
Fiscal Year 2022106,955 649,996 59,084 13,557 829,592 
Partial Fiscal Year 2021
Fiscal Year 2021

(1) Amounts reflectThis column reflects:
(a) The aggregate grant date fair value of restricted stock unit awards granted in 2022 computed in accordance with FASB ASC Topic 718 disregarding any estimates of forfeitures. The assumptions used in calculating the base salary in effect for each named executive officer duringaggregate grant date fair values of the applicable time period. For additional information, see “Base Salaries” above.RSUs and PSUs

(2) Amounts shown
PROXY STATEMENT64

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reported in this column are set forth in the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K as filed with the SEC on February 28, 2023. The values reported for the Stub 2021 period reflect each NEO's Exit Bonus, as discussed above under "Exit Bonuses"PSU awards granted in 2022 were calculated based on the expected value of the possible outcomes of the performance conditions related to these awards in accordance with ASC Topic 718 (excluding the effects of estimated forfeitures). The value of the PSU awards granted in 2022 at the grant date assuming the maximum achievement of the performance conditions is $2,203,714 for Mr. Logan, $673,342 for Mr. Schopfer and $323,195 for Mr. Eloy.

(3) This column reflects:

a.This column represents the(b) The aggregate grant date fair value computed in accordance with ASC Topic 718 for the RSUs and PSUs granted to Messrs. Logan and Schopfer in 2021.2021 computed in accordance with FASB ASC Topic 718 disregarding any estimates of forfeitures. The assumptions used in calculating the aggregate grant date fair values of the RSUs and PSUs reported in this column are set forth in the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K as filed with the SEC on February 28, 2023. The grant date fair value of PSU awards was calculated based on the expected value of the possible outcomes of the performance conditions related to these awards in accordance with ASC Topic 718 (excluding the effects of estimated forfeitures). The value of the PSU awards granted in 2021 at the grant date assuming the maximum achievement of the performance conditions is $1,754,765 for Mr. Logan and $350,946 for Mr. Schopfer.

a.(c) The grant date fair value of a one-time grant of profits interests in the Sponsor, which was approved and granted by the Sponsor in recognition of Messrs. Logan and Schopfer’s efforts in connection with the Business Combination. As discussed above under “Profits Interests,” theThe Sponsor granted Messrs. Logan and Schopfer the award of profits interests on June 16, 2021 in connection with the signing of the Business Combination Agreement. The profits interests award provides for service and performance-vesting, with the award only vesting upon the achievement of specified share price conditions. The grant date fair value of the profits interests is based upon a valuation model using Monte Carlo simulations in accordance with ASC Topic 718. The assumptions used in calculating the aggregate grant date fair values of the profits interests reported in this column are set forth in the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K as filed with the SEC on February 28, 2023.

(4)(2) This column reflects (i) for the Stub 2021 period, amounts earned under the Stub 2021 Incentive Plan and (ii)STIP for the Fiscal Year 2021 fiscal year,period (i.e., the period from July 1, 2020 through June 30, 2021) (ii) amounts earned under the FY'21 Incentive Plan.

(5) PriorSTIP for the Partial Fiscal Year Amounts2021 period (i.e. the period from July 1, 2021 through December 31, 2021), and (iii) amounts earned under the STIP for Fiscal Year 2022.
(3) Fiscal Year 2021 amounts reflect: (i) for Mr. Logan, a $21,312 cash payment in respect of accrued vacation days, a $14,400 automobile allowance, a company contribution of $12,495 to Mr. Logan’s account under Mirion's 401(k) plan, a $5,000 reimbursement for financial planning services, $3,500 to cover the costs of an annual physical examination, $13,135 in stipends paid to Mr. Logan for time spent flying his personal aircraft to business events plus corresponding reimbursement for fuel costs associated with such flights, $1,200 for continued automobile maintenance and $983 in Company-paid long-term care insurance premiums; (ii) for Mr. Schopfer, company contributions of $10,848 to Mr. Schopfer’s account under Mirion's 401(k) plan, $2,500 to cover the costs of an annual physical examination, a $1,500 reimbursement for financial planning services, $500 to Mr. Schopfer’s Mirion-sponsored health savings account and $616 in Company-paid long-term care insurance premiums and (iii) for Mr. Freed, a company contribution of $11,454 to Mr. Freed’s account under Mirion’s 401(k) plan and $713 in Company-paid long-term care insurance premiums.

PROXY STATEMENT36

Executive Compensation
(6)(4) Partial Fiscal Year 2021 amounts Stub Year Amounts reflect: (i) for Mr. Logan, a $26,091 cash payment in respect of accrued vacation days, a $7,200 automobile allowance, a company contribution of $3,419 to Mr. Logan’s account under the Company’s 401(k) plan, $4,079 to cover the costs of an annual physical examination, $4,320 in stipends paid to Mr. Logan for time spent flying his personal aircraft to business events plus corresponding reimbursement for fuel costs associated with such flights, $600 for continued automobile maintenance and $491 in Company-paid long-term care insurance premiums; (ii) for Mr. Freed, a company contribution of $8,200 to Mr. Freed’s account under the Company’s 401(k) plan and $356 in Company-paid long-term care insurance premiums; and (iii) for Mr. Schopfer, company contributions of $7,381 to Mr. Schopfer’s account under the Company’s 401( a $— reimbursement for financial planning services,401(k) plan, $250 to Mr. Schopfer’s Company-sponsored health savings account and $308 in Company-paid long-term care insurance premiums.
(5) Fiscal Year 2022 amounts reflect: (i) for Mr. Logan, a $47,655 cash payment in respect of accrued vacation days, a $14,400 automobile allowance, a company contribution of $13,475 to Mr. Logan’s account under the Company’s 401(k) plan, $6,399 to cover the costs of an annual physical examination, a $5,000 reimbursement for financial planning services, a $7,850 reimbursement for legal services rendered in connection with Sponsor equity matters, $320 for continued automobile maintenance and $983 in Company-paid long-term care insurance premiums; (ii) for Mr. Freed, $412,000 in severance payments as described under the heading "Employment Arrangements", $76,843 in annual incentive bonus for the partial fiscal year 2021, $18,505 as the pro-rated annual incentive bonus for fiscal year 2022, $31,226 for the cost of COBRA premiums, a company contribution of $2,874 to Mr. Freed’s account under the Company’s 401(k) plan and $119 in Company-paid long-term care insurance premiums; (iii) for Mr. Schopfer, company contributions of $13,746 to Mr. Schopfer’s account under the Company’s 401(k) plan, $7,850 reimbursement for legal services rendered in connection with Sponsor equity matters, $2,560 to cover the costs of an annual physical examination, a $2,035 reimbursement for financial planning services, $500 to Mr. Schopfer’s Company-sponsored health savings account and $616 in Company-paid long-term care insurance premiums; (iv) for Mr. Rossi, a company contribution of $2,350 to Mr. Rossi’s account under the Company’s 401(k) plan, $208 to Mr. Rossi’s Company-sponsored health savings account, $10,000 reimbursement to Mr. Rossi to cover legal fees associate with his employment agreement and $999 in Company-paid long-term care insurance premiums; (v) for Mr. Eloy, a $11,384 (€10,800) annual compensation for his role as Managing Director of Mirion Technologies (MGPI H&B) GmbH, Germany, $10,778 (€10,225) payment to France's mandatory social security on behalf of Mr. Eloy in accordance with French Law, a $47,557 (€45,118) company contribution to Mr. Eloy's retirement account managed by AGIRC/ARRCO, $9,487 (€9,000) for Mr. Eloy's company car costs (e.g. monthly lease payments, and costs relating to maintenance, tolls, and gas), and $13,721 (€13,017) pursuant to a special unemployment insurance contract with GSC.

(6) The earnings on compensation that has previously been deferred by Mr. Logan under the Deferred Compensation Plan, computed pursuant to Item 402(c)(2)(viii)(B), was negative $410,946 in Fiscal Year 2022. Accordingly, such amount is not reported in the 2022 Summary Compensation Table above.
PROXY STATEMENT3765

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(7) Mr. Freed's employment with us terminated on February 28, 2022 and his salary reflects payment for the part of the year that he was employed with the Company.

(8) Mr. Eloy was not an NEO in 2020 or 2021. For Fiscal Year 2022, Mr. Eloy's base salary, bonus (including the 'thirteenth month" bonus pursuant to the Eloy Employment Agreement), perquisites and the French "Participation" and "Interessement" payments were in Euros and converted into U.S. dollars in this table here using the Company's 2022 Euro average exchange rate of $1.054063 per €1.00.
(9) The amount reported represents a French customary “thirteenth month” bonus earned in 2022, of which 30% was paid in July 2022 and the remaining 70% was paid in December 2022, and calculated based on Mr. Eloy’s salary in December 2022.

(10) The amount reported represents $48,575 (€46,084) that Mr. Eloy earned under the STIP in Fiscal Year 2022, and $6,565 (€6,228) in French Participation and Interessement payments earned in 2022. French Participation is a statutory profit sharing scheme for French companies with more than 50 employees, and the Interessement is a contractual profit sharing scheme paid by the French Subsidiary to all of its employees pursuant to the Local Enterprise Agreement. Interessement payments are calculated based on formulas set forth in the Local Enterprise Agreement between the French Subsidiary and employee representatives which is renegotiated every 3 years.

(11) Mr. Rossi joined the Company in October 2022. The amount reported for his salary reflects payment for the part of the year that he was employed by the Company.

PROXY STATEMENT66

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Grants of Plan-Based Awards

The following table presents information concerning grants of plan-based awards to each of the NEOs during Fiscal Year 2022:
Estimated Future Payouts Under Non-Equity Incentive Plan AwardsEstimated Future Payouts Under Equity Incentive Plan AwardsAll Other Stock Awards: Number of Shares of Stock or Units (#)Grant Date Fair Value of Stock and Option AwardsEstimated Future Payouts Under Non-Equity Incentive Plan Awards (1)Estimated Future Payouts Under Equity Incentive Plan Awards (2)All Other Stock Awards: Number of Shares of Stock or Units (#)Grant Date Fair Value of Stock and Option Awards
NameNameGrant DateThreshold ($)Target ($)Maximum ($)Threshold (#)Target (#)Maximum (#)NameGrant DateThreshold ($)Target ($)Maximum ($)Threshold (#)Target (#)Maximum (#)
Thomas LoganThomas LoganThomas Logan
FY 2021 Bonus170,811511,410818,256
2021 Stub Bonus87,924263,245421,192
2022 STIP2022 STIP350,000 700,000 1,050,000 
RSURSU12/27/2021381,679 3,999,996RSU4/1/2022223,048 1,799,997 
PSUPSU12/27/2021500,0001,000,0002,000,00047,70995,419190,8391,509,536PSU4/1/202255,762 111,524 223,048 1,101,857 
Brian SchopferBrian SchopferBrian Schopfer
FY 2021 Bonus88,807177,613355,226
2021 Stub Bonus49,92999,857199,714
2022 STIP2022 STIP146,250 292,500 585,000 
RSURSU12/27/202176,335 799,991RSU4/1/202249,566 399,998 
PSUPSU12/27/2021100,000200,000400,0009,54119,08338,167301,901PSU4/1/202217,038 34,076 68,152 336,671 
Michael FreedMichael FreedMichael Freed
FY 2021 Bonus99,713199,425398,850
2021 Stub Bonus50,816101,632203,264
2022 STIP (3)2022 STIP (3)17,965 35,930 71,860 
Loic EloyLoic Eloy
2022 STIP2022 STIP75,049 150,099 300,197 
RSURSU4/1/202233,209 267,997 
PSUPSU4/1/20228,178 16,356 32,712 161,597 
Michael RossiMichael Rossi
2022 STIP2022 STIP32,087 64,173 128,346 
RSURSU11/1/202280,445 649,996 


(1) Represents the threshold, target and maximum performance-based incentive cash payments the NEOs could have earned pursuant to the STIP for fiscal year 2022, as described in “Short-Term Incentive Compensation” above. The actual amounts earned pursuant to the STIP for fiscal year 2022 are set forth in the “Non-Equity Incentive Plan Compensation” column in the Summary Compensation Table above.
(2) The amount reported represents the grant date fair value computed in accordance with FASB ASC Topic 718 disregarding any estimates of forfeitures. The values reported for the PSU awards granted in fiscal year 2022 was calculated based on the expected value of the possible outcomes of the performance conditions related to these awards in accordance with ASC Topic 718 (excluding the effects of estimated forfeitures).
(3) The amount reported for Mr. Freed represents pro-rated threshold, target, and maximum amounts based on the number of days Mr. Freed was employed with us in 2022.

PROXY STATEMENT67

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Outstanding Equity Awards at Fiscal Year-End
The following table presents, for each of the named executive officers,NEOs, information regarding outstanding RSUs, PSUs and profits interests as of December 31, 2021.2022.


Stock Awards(1)
Name (a)Number of Shares or Units of Stock That Have Not Vested (#) (b)Market Value of Shares or Units of Stock That Have Not Vested ($) (c)(2)Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) (d)Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(2) (e)
Thomas Logan381,679 (1)3,996,179 143,130(3)1,498,571
3,200,000 (4)33,504,000
Brian Schopfer76,335 (1)799,227 28,625(3)299,704
700,000(4)7,329,000
Michael Freed----

Stock Awards
NameGrant DateVesting Commencement DateNumber of Shares or Units of Stock That Have Not Vested (#)Market Value of Shares or Units of Stock That Have Not Vested ($) (2)Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) (2)
Thomas Logan6/16/202110/20/2023
3,200,000 (4)
21,152,000 
12/27/202112/27/2022
286,260 (1)
1,892,179 
12/27/202112/27/2024
190,839 (3)
1,261,446 
4/1/20224/1/2023
223,048 (5)
1,474,347 
4/1/20224/1/2025
111,524 (3)
737,174 
Brian Schopfer6/16/202110/20/2023
700,000 (4)
4,627,000 
12/27/202112/27/2022
57,252 (1)
378,436 
12/27/202112/27/2024
38,167 (3)
252,284 
4/1/20224/1/2023
49,566 (5)
327,631 
4/1/20224/1/2025
34,076 (3)
225,242 
Michael Freed— — — — 
Loic Eloy4/1/20224/1/2023
33,209 (5)
219,511 
4/1/20224/1/2025
16,356 (3)
108,113 
Michael Rossi11/1/202211/1/2023
80,445 (1)
531,741 — — 
(1) The RSUs vest in four substantially equal installments of one-fourth per year on the first, second, third and fourth anniversary of the grant date, subject to the NEO's continued employment with us on each vesting date.
(2) Represents the market value of the shares underlying each of the outstanding equity awards, based on the closing price
of our Class A common stock on the New York Stock Exchange on the last trading day of fiscal year 2022, December 31, 2021,30, 2022, which was $10.47.$6.61.
(3) The amount reported forPSUs are eligible to vest based on the PSUs is the threshold numberachievement of shares.certain performance goals.. The actual amount earned will be determined in 2025 based on the actual achievement of the performance goals, subject to continued employment throughour Three-Year Performance Vesting Schedule.
(4) On June 16, 2021, the determination ofSponsor issued 3,200,000 membership interests to Mr. Logan and 700,000 membership interests to Mr. Schopfer (collectively, the achievement of“Profits Interests”). The Profits Interests are intended to be treated as profits interests for U.S. income tax purposes, pursuant to which Messrs. Logan and Schopfer will have an indirect interest in the performance goals.
(4)founder shares held by the Sponsor. Each of the profits interests must achieve both service-vesting and performance-vesting conditions in order to vest, with (i) 50% of the time-vesting portion being satisfied on each of the second and third anniversaries of the closing of the Business Combination, (subjectwhich occurred on October 20, 2021(subject to continued employment on each vesting date) and (ii) the performance-vesting portion being satisfied with respect to (x) 25% of the profits interest grant, upon the value of our Class A common stock trading at $14 per share or more for a specified period of time prior to the fifth anniversary of the closing of the Business
PROXY STATEMENT38

Executive Compensation
Combination and (y) 75% of the profits interests grant, upon the value of our Class A common stock trading at $16 per share or more for a specified period of time prior to the fifth anniversary of the closing of the Business Combination. If the performance-vesting conditions are not met prior to the fifth anniversary of the closing of the Business Combination, the profits interests are forfeited for no consideration. The service-vesting condition will be deemed to have been achieved on a change in control. If Messrs. Logan or Schopfer’s service (i) is terminated without “cause” or (ii) voluntarily ceases for “good reason”, or (iii) their service terminates due to death or disability, 1/3, 2/3 and 100% respectively of the time-vesting portion of the Profits Interests will become service-vested if the termination occurs before the respective first, second or third anniversaries of the closing of the Business Combination. In addition, if a change in control of GSAH, the Company or any of its respective subsidiaries occurs within six months immediately following such termination of employment, then 100% of the time-vesting portion of the Profits Interests will vest as of immediately prior to the change of control.

(5) The RSUs vest in three substantially equal installments on the first, second, and third anniversary of the grant date, subject to the NEOs continued employment with us on each vesting date.

PROXY STATEMENT68

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Option Exercises and Stock Vested Table

Option Exercises and Stock Vested – 2022
Stock Awards
NameNumber of Shares Acquired on Vesting (#)Value Realized on Vesting ($)(1)
Thomas Logan62,424 405,132 
Brian Schopfer10,477 67,996 
Michael Freed— — 
Loic Eloy— — 
Michael Rossi— — 

(1) The value realized on vesting is based on the closing price per share of our common stock on the vesting date, multiplied by the number of RSUs and PSUs that vested.
Non-qualified Deferred Compensation Table


NameNameExecutive Contributions in Last fiscal year ($)Registrant Contributions in Last fiscal year ($)Aggregate Earnings in Last fiscal year ($)(1)Aggregate Withdrawals/Distributions ($)Aggregate Balance at Last FYE ($)NameExecutive Contributions in Last Fiscal Year ($)Registrant Contributions in Last Fiscal Year ($)Aggregate Earnings in Last Fiscal Year ($)(1)Aggregate Withdrawals/Distributions ($)Aggregate Balance at Last Fiscal Year End ($)
Thomas Logan (2)Thomas Logan (2)$— $— $481,487 $— $2,949,661 Thomas Logan (2)$— $— $(410,946)$— $2,538,715 
Brian SchopferBrian Schopfer— — — — — Brian Schopfer— — — — — 
Michael FreedMichael Freed— — — — — Michael Freed— — — — — 
Loic EloyLoic Eloy— — — — — 
Michael RossiMichael Rossi— — — — — 
(1) This includes aggregate earnings for the period beginning JulyJanuary 1, 20202022 and ending on December 31, 2021.2022.
(2) Mr. Logan did not make any contributions to the Deferred Compensation Plan during the period beginning JulyJanuary 1, 20202022 and ending December 31, 2021.2022.

Pension Benefits
Mr. Eloy receives contributions for the benefit of his accounts with certain French social security and pension schemes. Such benefits will allow Mr. Eloy to retire starting at age 62 (pending French pension reform may change this to 64) and collect a supplemental retirement benefit in addition to social security according to formulas varying with the circumstances of his retirement but taking into account his age at retirement, the number of quarters of employment he worked during his entire life and the value of his and his employers' contributions to the plan up to the date of retirement. In 2022, the French Subsidiary made contributions to such benefits in the amount of $47,557. Mr. Eloy did not receive any payment under such plans in fiscal year 2022.

PROXY STATEMENT3969

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Potential Payments upon Termination or Change in Control
The table below sets forth the amounts of the payments and benefits that each NEO would have been entitled to receive upon a qualifying termination of employment by the Company and/or the occurrence of a change in control, in each case assuming the relevant event occurred on December 31, 2021.2022 (and based on the arrangements described above in the "Employment Arrangements").


NameNameBenefitTermination Without Cause or Resignation for Good Reason Other than in Connection with a Change in ControlTermination Without Cause or Resignation for Good Reason in Connection with a Change in Control (1)Death or DisabilityRetirementNameBenefitTermination Without Cause or Resignation for Good Reason Other than in Connection with a Change in ControlTermination Without Cause or Resignation for Good Reason in Connection with a Change in ControlDeath or DisabilityRetirement
Thomas LoganThomas LoganCash severance$963,362 $963,362 $263,362 $— Thomas LoganCash Severance$2,100,000 $2,800,000 $700,000 
Accelerated Vesting of Equity Awards (1)$1,122,175 $3,120,795 $5,365,145 $2,244,351 
Accelerated Vesting of Equity Awards999,047 (2)5,994,263 (3)999,047 (2)Payout under Deferred Compensation Plan (7)$2,538,715 $2,538,715 $2,538,715 $2,538,715 
Health Benefits21,85721,85721,857Health Benefits (3)44,628 33,471 22,308 
Total$1,984,266 $6,979,482 $285,219 $999,047 Total$5,805,518 $8,492,981 $8,626,168 $4,783,066 
Brian SchopferBrian SchopferCash Severance$548,628 $548,628 $98,628 $— Brian SchopferCash Severance$1,742,500 $1,743,000 $1,292,500 
Accelerated Vesting of Equity Awards1,199,045(3)Accelerated Vesting of Equity Awards (1)109,210 1,183,593 1,183,593 109,210 
Health Benefits8,1428,142Health Benefits (3)8,324 8,324 — — 
Total$556,770 $1,755,815 $98,628 $— Total$1,860,034 $2,934,917 $2,476,093 $109,210 
Michael FreedCash Severance$513,769 $513,769 $101,631 $— 
Michael Freed (4)Michael Freed (4)Cash Severance$507,348 $— $— $— 
Accelerated Vesting of Equity AwardsAccelerated Vesting of Equity Awards— — — 
Health Benefits31,22631,226Health Benefits (3)31,226 — — — 
Total$544,995 $544,995 $101,631 $— Total$538,574 $— $— $— 
Loic EloyLoic EloyCash Severance$665,600 $665,600 $205,203 $141,867 (6)
Accelerated Vesting of Equity Awards (1)— — 219,511 — 
Health Benefits— — 
Total$665,600 $665,600 $424,714 $— 
Michael RossiMichael RossiCash Severance$752,000 $752,000 $282,000 $— 
Accelerated Vesting of Equity Awards (1)— 531,741 531,741 — 
Health Benefits (3)25,951 25,951 — — 
Total$777,951 $1,309,692 $813,741 $— 



(1) Change in control-related severance payments toRepresents the market value of the shares underlying each of the outstanding equity awards, based on the closing price of our Class A common stock on the New York Stock Exchange on the last trading day of fiscal year 2022, December 30, 2022, which the NEOs are entitled under their respective employment agreements are payable only in connection with a change in control that occurs after January 1, 2022. Accordingly, for purposes of this table, each NEO’s cash severance payments upon a termination without Cause or resignation for Good Reason are the same whether or not the triggering event is in connection with a change in control.was $6.61.

(2) Upon Mr. Logan’s termination without Cause"cause" or resignation for Good Reason or Mr. Logan’s retirement,"good reason" (each, as defined in the Logan Employment Agreement), as applicable, the number of Mr. Logan’s Bridge RSUs granted in December 2021 that were scheduled to vest (had Mr. Logan’s employment not terminated) during the 12-month period immediately following the termination date will become immediately vested.
(3) If Mr. LoganLogan's or Mr. SchopferSchopfer's employment is terminated without Cause"cause" or resigns for Good Reason"good reason" (each, as defined in their respective employment agreements) within a specified period of time following a change in control (for Mr. Logan, 24 months; for Mr. Schopfer, 12 months), all of their respective then unvested Bridge RSUs and Bridge PSUs granted in December 2021 will become immediately vested.
(4) Estimated based on the cost for such coverage during fiscal year 2022.
PROXY STATEMENT4070

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(5) Mr. Freed's employment terminated on February 28, 2022. The amounts reported represent the severance he received under the Freed Separation Agreement.
(6) Upon Mr. Eloy's retirement, if he is still employed by the French Subsidiary, Mr. Eloy will be entitled to a bonus retirement cash payment from the French Subsidiary in an amount equal to 4 times his median monthly salary (based on the last twelve months prior to retirement), pursuant to the National Collective Agreement for Engineers and Executive for the Metallurgy Sector, equivalent amount is $126,671 (€120,174). In addition, Mr. Eloy will receive a special indemnity for a PTO plan he lost eligibility for in 2017 in the amount of $15,197 (€14,417).
(7) Represents the amount that Mr. Logan is entitled to receive as a distribution under the Deferred Compensation Plan.
Mr. Logan and Mr. Schopfer are also eligible for certain acceleration benefits to their Profits Interests that have not been included in the table above. Assuming (A) the per share price of our Class A common stock received in connection with a change in control and (B) the volume weighted average price of our Class A common stock for at least 20 of the 30 consecutive trading days ending on December 31, 2022 is, in either case, equal to the closing price of our Class A common stock on the New York Stock Exchange on the last trading day of 2022, December 30, 2022, which was $6.61, then in the event of a change in control that is assumed to have closed on December 31, 2022, then the performance vesting condition of their Profits Interests would have been deemed not to have been achieved and each of Messrs. Logan’s and Schopfer’s Profits Interests would have been forfeited for no consideration. If Messrs. Logan or Schopfer’s service is terminated without “cause” or voluntarily ceases for “good reason” (each as defined in the respective award agreements for the Profits Interests) or if his service terminates due to death or disability, 1/3, 2/3 and 100% respectively of the Profits Interests will become service vested if the termination occurs before the respective first, second or third anniversaries of the closing of the Business Combination (which was October 20, 2021). If Messrs. Logan or Schopfer voluntarily ceases to provide services without good reason after the second anniversary of the Closing, an additional 12.5% of each such Profits Interests will service vest as of the termination date in respect of each full quarter the Award Holder provided services since the most recent service vesting date. In addition, if a change in control occurs within six months immediately following such termination of employment, then all of the outstanding Profits Interests will service vest as of immediately prior to the change of control.

PROXY STATEMENT71

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Pay Versus Performance
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation and certain financial performance of our Company. The disclosure included in this section is prescribed by SEC rules and does not necessarily align with how the Company or the Compensation Committee view the link between the Company’s performance and its NEOs pay. For additional information on our compensation programs and philosophy and how we design our compensation programs to align pay with performance, see the section titled “Compensation Discussion and Analysis”.
The table below presents information on the compensation of our principal executive officer ("PEO") and our other NEOs in comparison to certain performance metrics for Fiscal Year 2022, Fiscal Year 2021, and Partial Fiscal Year 2021. Net Income (Loss) is a metric that the Compensation Committee uses when setting executive compensation, although it is not the only metric used. The use of the term “compensation actually paid” (“CAP”) is required by the SEC’s rules. Neither CAP nor the total amount reported in the Summary Compensation Table reflect the amount of compensation actually paid, earned or received during the applicable year. Per SEC rules, CAP was calculated by adjusting the Summary Compensation Table Total values for the applicable year as described in the footnotes to the table.
Tabular Pay vs. Performance Disclosures
 Value of Fixed $100 Investment Based On:
Fiscal Period
Summary Compensation Table Total for PEO (1)
Compensation Actually Paid for PEO (2)
Average Summary Compensation Table Total for Non-PEO NEOs (3)
Average Compensation Actually Paid for Non-PEO NEOs (4)
Mirion Technologies Total Shareholder Return (5)
Russell 2000 Index Total Shareholder Return (6)
Net Income (Loss) (7)
Adjusted EBITDA (7)(8)
Fiscal Year 2022$4,075,099 $(12,917,132)$921,514 $(55,742)$66 $121 $(288,400,000)$166,500,000
Partial Fiscal Year 2021$6,882,576 $13,399,948 $1,114,587 $1,825,348 $105 $140 
Successor - $(23,000,000)
Predecessor - $(105,700,000)
Successor - $44,500,000
Predecessor - $31,200,000
Fiscal Year 2021$20,622,413 $20,622,413 $2,684,014 $2,684,014 $105 $137 Predecessor - $(158,400,000)Predecessor - $152,200,000
(1)Mr. Logan was our PEO for all years shown, The amounts reported are the amounts of total compensation reported for our PEO for each corresponding year in the "Total" column of the Summary Compensation Table in each applicable year.
(2)The amounts reported represent the “compensation actually paid” to our PEO, computed in accordance with Item 402(v) of Regulation S-K, but do not reflect the actual amount of compensation earned by or paid to our PEO in the applicable year. In accordance with Item 402(v) of Regulation S-K, below are the adjustments made to the amount reported for our PEO in the “Total” column of the Summary Compensation Table for each year to arrive at compensation actually paid to our PEO during each year shown:
PROXY STATEMENT72

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PEO "CAP" Calculation Detail
Compensation ElementFiscal Year 2021Partial Fiscal Year 2021Fiscal Year 2022
Summary Compensation Table (SCT) Reported Total Compensation$20,622,413 $6,882,576 $4,075,099 
Aggregate SCT Reported Equity Compensation (-)(19,240,000)(5,509,532)(2,901,854)
Year-End Fair Value of Awards Granted During the FY & Outstanding (+)19,240,000 5,730,904 2,290,703 
Year-Over-Year Change in Fair Value of Awards Granted During Previous FYs & Outstanding (+/-)— 6,296,000 (16,021,350)
Year-Over-Year Change in Fair Value of Awards Granted During Previous FYs & Vesting During Covered FY (+/-)— — (359,730)
"Compensation Actually Paid" Determination$20,622,413 $13,399,948 $(12,917,132)
The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
(3)The amounts reported represent the average of the amounts reported for the Company’s NEOs as a group (excluding our PEO), in the “Total” column of the Summary Compensation Table in each applicable year. For Fiscal Year 2021 and Partial Fiscal Year 2021, the Company's non-PEO NEOs were Brian Schopfer and Michael Freed. For Fiscal Year 2022, the Company's non-PEO NEOs were Brian Schopfer, Michael Freed, Loic Eloy and Michael Rossi.
(4)The amounts reported represent the average “compensation actually paid” to the NEOs other than our PEO as a group, computed in accordance with Item 402(v) of Regulation S-K. The amounts do not reflect the actual average amount of compensation earned by or paid to such NEOs as a group in the applicable year. In accordance with Item 402(v) of Regulation S-K, the following adjustments were made were made to the average of the amounts reported in the “Total” column of the Summary Compensation Table for the NEOs as a group (excluding our PEO) for each year to determine the compensation actually paid, using the same methodology described above in footnote 2:

Average Non-PEO NEOs "CAP" Calculation Detail
Fiscal Period
Compensation ElementFiscal Year 2021Partial Fiscal Year 2021Fiscal Year 2022
Summary Compensation Table (SCT) Reported Total Compensation$2,684,014 $1,114,587 $921,514 
Aggregate SCT Reported Equity Compensation (-)(2,104,375)(550,946)(454,065)
Year-End Fair Value of Awards Granted During the FY & Outstanding (+)2,104,375 573,082 362,012 
Year-Over-Year Change in Fair Value of Awards Granted During Previous FYs & Outstanding (+/-)— 688,625 (867,217)
Year-Over-Year Change in Fair Value of Awards Granted During Previous FYs & Vesting During Covered FY (+/-)— — (17,986)
"Compensation Actually Paid" Determination$2,684,014 $1,825,348 $(55,742)
PROXY STATEMENT73

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The equity award adjustments for each fiscal year include the amounts noted in footnote 2.
(5)TSR for the Company is calculated based on an assumed $100 investment as of 8/20/2020, the first trading day within the July 1, 2020 - June 30, 2021 fiscal period, and the reinvestment of any issued dividends.
(6)Represents the weighted peer group TSR. The peer group used for this purpose is the Russell 2000 Industrials Index. The peer group TSR calculated for the Russell 2000 Industrials Index is based on an assumed $100 investment as of 8/20/2020, the first trading day within the July 1, 2020 - June 30, 2021 fiscal period, and the reinvestment of any issued dividends. The Russell 2000 Industrials Index is utilized to help determine executive pay as Company TSR relative to the Russell 2000 Industrials Index is the basis, in part, by which executive performance awards are earned.
(7)The dollar amounts reported represent the amount of net income reflected in the Company's audited financial statements for the applicable fiscal year. The amount of net income reported for the fiscal period from July 1, 2020 through December 31, 2021 reflects the net income relating to the Predecessor for July 1, 2021 through October 19, 2021 and the net income relating to the Successor for October 20, 2021 through December 31, 2021.
(8)The Company Selected Measure is Adjusted EBITDA, While we consider numerous financial and non-financial performance measures for the purpose of evaluating and determining executive compensation, we consider Adjusted EBITDA, which is one of the measures used to determine annual cash incentive compensation for our NEOs, to be the most important performance measure used by to link compensation actually paid to the NEOs for fiscal year 2022 to Company performance. For a reconciliation of Adjusted EBITDA to net income, (loss) please see the reconciliation below under “Tabular List of Performance Measures.” Adjusted EBITDA used for our compensation programs differs from reported adjusted EBITDA due to adjustments to remove impacts of current year acquisitions and setting foreign exchange impacts at the targeted exchange rates.

Description of the Relationship Between Compensation Actually Paid and Performance Measures
The Company’s Compensation Committee reviews a variety of Company-wide and individual factors to link executive compensation actually paid with Company and executive performance, not all of which are presented in the Pay versus Performance table above. To promote strong pay-for-performance orientation when setting executive pay levels, the Compensation Committee considers the Company's absolute and Relative TSR, short- and long-term business outlook, including net income and Adjusted EBITDA, and the broader market environment. Moreover, the Company calculates compensation to the PEO and other NEOs on a basis different than the amount reported in the Summary Compensation Table and compensation actually paid, as calculated in accordance with Item 402(v) of Regulation S-K, is not considered by the Board and the Compensation Committee in evaluating or determining executive compensation.
In accordance with Item 402(v) of Regulation S-K, the Company is providing the following descriptions of the relationships between compensation actually paid and the financial performance metrics presented in the Pay versus Performance table. We note, however, that since the three reported periods vary in length, compensation actually paid and Company performance may not be immediately comparable on a period-by-period basis. That said, we believe the Pay Versus Performance table shows the alignment between compensation actually paid to the named executive officers and the Company's performance, consistent with our compensation philosophy as described in our CD&A. Specifically, compensation actually paid for the Company's PEO decreased from $20,622,413 in the earliest fiscal period disclosed to ($12,917,132) in the most recently completed fiscal period disclosed, and similarly decreased for the Company’s average non-PEO NEO from $2,684,014 to ($55,742) over the same comparable fiscal periods. In line with such decrease, and because the Russell 2000 Industrials Index is utilized to help determine executive pay, both the Company TSR and Russell 2000 Industrials Index TSR decreased from the earliest fiscal period disclosed to the most recently completed fiscal period. Further, net income (loss) performance decreased as net income (loss) changed from ($158,400,000) to ($288,400,000) over the same comparable fiscal periods. That said, with respect to our Company Selected Measure, Adjusted EBITDA, such metric increased from $152,200,000 in the earliest fiscal period disclosed to $164,700,000 in the most recently completed fiscal period.

Tabular List of Performance Measures
As required by the SEC rules, the Company has determined the following as its most important measures used to link compensation actually paid to our NEOs to company performance for fiscal year 2022, which are the only financial performance measures used to link compensation actually paid to company performance for fiscal year 2022.

PROXY STATEMENT74

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Adjusted EBITDA
Adjusted Free Cash Flow
Adjusted Organic Revenue
Relative Total Shareholder Return
We use financial measures in this proxy statement, including Adjusted EBITDA, Adjusted Free Cash Flow and Adjusted Organic Revenue, that are not measures of financial performance under GAAP, in particular as compensation targets and for the performance measures described above herein. We believe that non-GAAP financial information, when taken collectively, may be helpful to management and investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Other companies, including companies in our industry, may calculate similarly titled non-GAAP measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures and not rely on any single financial measure to evaluate our business.

Adjusted EBITDA is defined as GAAP net income before interest expense, income tax expense, depreciation and amortization adjusted to remove the impact of foreign currency gains and losses, amortization of acquired intangible assets, the impact of purchase accounting on the recognition of deferred revenue, changes in the fair value of warrants, certain non-operating expenses (impairment related to a business held for sale and an equity investment, incremental one-time costs related to the Business Combination, incremental one-time costs associated with becoming a public company, mergers and acquisition expenses, restructuring costs, costs to achieve information technology system integration and efficiency, and costs to achieve integration and operational synergies), stock-based compensation expense, debt extinguishment, goodwill impairment, and the income tax impacts of these adjustments. Adjusted EBITDA used for our compensation programs differs from reported adjusted EBITDA due to adjustments to remove impacts of current year acquisitions and setting foreign exchange impacts at the targeted exchange rates. A reconciliation of Adjusted EBITDA to the most comparable GAAP measure is set forth below:

PROXY STATEMENT75

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SuccessorPredecessor
(In millions)Year Ended
December 31, 2022
From
October 20, 2021
through
December 31, 2021
From July 1, 2021 through October 19, 2021Year Ended June 30, 2021
Net loss (GAAP)$(288.4)$(23.0)$(105.7)$(158.4)
Interest expense, net41.9 6.2 52.8 163.2 
Income tax (benefit) provision(18.2)(6.8)(5.6)(5.9)
Amortization145.8 32.0 19.7 62.8 
Depreciation - Mirion Business Combination step-up6.4 1.3 — — 
Depreciation - all other22.3 4.0 6.2 20.8 
Stock-based compensation expense31.8 5.3 9.3 — 
Decrease in fair value of warrant liabilities(37.6)(1.2)— — 
Goodwill impairment211.8 — — — 
Other impairments7.0 — — — 
Debt extinguishment— — 15.9 — 
Foreign currency loss (gain), net4.9 1.6 (0.6)13.4 
Revenue reduction from purchase accounting— 2.3 4.5 8.0 
Cost of revenues impact from inventory valuation purchase accounting6.3 15.8 — 5.2 
Non-operating expenses30.7 7.0 34.7 43.1 
Reported Adjusted EBITDA (Non-GAAP)164.7 $44.5 $31.2 $152.2 
Adjustments to remove impacts of current year acquisitions and setting foreign exchange impacts at the targeted exchange rates1.8 
Adjusted EBITDA for Compensation (Non-GAAP)$166.5 

PROXY STATEMENT76

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Medical Group
SuccessorPredecessor
(In millions)Year Ended
December 31, 2022
Year Ended June 30, 2021
Income from operations (GAAP)$(84.4)$5.9 
Amortization64.3 23.2 
Depreciation - Mirion Business Combination step-up4.8 — 
Depreciation - all other13.3 10.1 
Stock-based compensation expense0.6 — 
Goodwill impairment87.3 — 
Revenue reduction from purchase accounting— 8.0 
Cost of revenues impact from inventory valuation purchase accounting0.9 5.2 
Reported Adjusted EBITDA (Non-GAAP)86.8 $52.4 
Adjustments to remove impacts of current year acquisitions and setting foreign exchange impacts at the targeted exchange rates(0.2)
Adjusted EBITDA for Compensation (Non-GAAP)$86.6 

Industrial Group
SuccessorPredecessor
(In millions)Year Ended
December 31, 2022
Year Ended June 30, 2021
Income from operations (GAAP)$(98.0)$81.4 
Amortization81.5 39.6 
Depreciation - Mirion Business Combination step-up1.4 — 
Depreciation - all other8.2 10.1 
Stock-based compensation expense1.0 — 
Goodwill impairment124.5 — 
Cost of revenues impact from inventory valuation purchase accounting5.4 — 
Other income/expense— 0.4 
Reported Adjusted EBITDA (Non-GAAP)124.0 $131.5 
Adjustments to remove impacts of current year acquisitions and setting foreign exchange impacts at the targeted exchange rates2.0 
Adjusted EBITDA for Compensation (Non-GAAP)$126.0 

PROXY STATEMENT77

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Corporate
SuccessorPredecessor
(In millions)Year Ended
December 31, 2022
Year Ended June 30, 2021
Income from operations (GAAP)$(115.4)$(76.1)
Depreciation - Mirion Business Combination step-up0.2 — 
Depreciation - all other0.8 0.6 
Stock-based compensation expense30.2 — 
Other impairment7.0 — 
Non-operating expense30.7 43.9 
Other income / expense0.4 (0.1)
Reported Adjusted EBITDA (Non-GAAP)$(46.1)$(31.7)

Adjusted Free Cash Flow is defined as free cash flow adjusted to include the impact of cash used to fund certain non-operating expenses described above in the definition of Adjusted EBITDA. Free cash flow is defined as GAAP net cash provided by operating activities adjusted to include the impact of purchases of property, plant, and equipment and purchases of badges. Our Adjusted Free Cash Flow used for purposes of our compensation programs are included below, including a reconciliation of Adjusted Free Cash Flow to the most comparable GAAP measure is set forth below:

SuccessorPredecessor
(In millions)Year Ended
December 31, 2022
Year Ended June 30, 2021
Net cash provided by operating activities$39.4 $53.6 
Purchases of property, plant, and equipment and badges(34.2)(23.2)
Free cash flow (non-GAAP)$5.2 $30.4 
Cash used for non-operating expenses30.7 30.8 
Adjusted free cash flow (non-GAAP)$35.9 $61.2 



Adjusted Organic Revenue is defined as adjusted revenues excluding the impact of foreign exchange rates as well as mergers and acquisitions in the period. Adjusted revenue is defined as GAAP revenue adjusted to remove the impact of purchase accounting on the recognition of deferred revenue. The Adjusted Organic Revenue used for purposes of our compensation programs are included below, including a reconciliation of Adjusted Organic Revenue to the most comparable GAAP measure is set forth below:

PROXY STATEMENT78

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SuccessorSuccessorPredecessorCombined (Non-GAAP)
(In millions)Year Ended
December 31, 2022
From
October 20, 2021
through
December 31, 2021
From July 1, 2021 through October 19, 2021Six Months Ended June 30, 2021Year Ended December 31, 2021Year-over-Year Growth Percentage
Revenues (GAAP)$717.8 $154.1 $168.0 $346.2 $668.3 
Revenues reduction from purchase accounting— 2.3 4.5 8.0 14.8 
Adjusted revenues (non-GAAP)$717.8 $156.4 $172.5 $354.2 $683.1 
Less effect of acquisitions(27.0)
Less effect of foreign currency translation31.0 
Adjusted organic revenues (non-GAAP)$721.8 5.7 %

PROXY STATEMENT79

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Medical Group
SuccessorSuccessorPredecessorCombined (Non-GAAP)
(In millions)Year Ended
December 31, 2022
From
October 20, 2021
through
December 31, 2021
From July 1, 2021 through October 19, 2021Six Months Ended June 30, 2021Year Ended December 31, 2021Year over Year growth Percentage
Revenues (GAAP)$271.7 $49.2 $60.3 $103.6 $213.1 
Revenues reduction from purchase accounting— 2.3 4.5 8.0 14.8 
Adjusted revenues (non-GAAP)$271.7 $51.5 $64.8 $111.6 $227.9 
Less effect of acquisitions(11.6)
Less effect of foreign currency translation2.4 
Adjusted organic revenues (non-GAAP)$262.5 15.2 %

PROXY STATEMENT80

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Industrial Group
SuccessorSuccessorPredecessorCombined (Non-GAAP)
(In millions)Year Ended
December 31, 2022
From
October 20, 2021
through
December 31, 2021
From July 1, 2021 through October 19, 2021Six Months Ended June 30, 2021Year Ended December 31, 2021Year over Year growth Percentage
Revenues (GAAP)$446.1 $104.9 $107.7 $242.6 $455.2 
Revenues reduction from purchase accounting— — — — — 
Adjusted revenues (non-GAAP)$446.1 $104.9 $107.7 $242.6 $455.2 
Less effect of acquisitions(15.4)
Less effect of foreign currency translation28.6 
Adjusted organic revenues (non-GAAP)$459.3 0.9 %

Relative TSR is defined as the Total Shareholder Return for Mirion during the relevant performance period measured as a comparative percentile to the all companies in the Russell 2000 Industrials index. Total Shareholder Return is the share price appreciation of any particular company’s publicly traded common stock plus dividends accrued, as measured during the applicable performance period.

See the "Compensation Discussion & Analysis" above and published in the Company’s historical proxy statements for additional detail on executive compensation actions. Note, the compensation value ultimately realized by the Company’s executive officers remains subject to significant variation over time (e.g., forfeiture of unvested awards prior to vesting, variation in stock price prior to award monetization).



PROXY STATEMENT81

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Equity Compensation Plan Information

The following table summarizes our equity compensation plan information as of December 31, 2022:

Plan CategoryNumber of Securities to be issued upon exercise of outstanding options, warrants and rights (a)Weighted-average exercise price of outstanding options, warrants and rightsNumber of securities remaining available for issuance under equity compensation plans (excluding securities reflected in column (a))
Equity compensation plans approved by security holders (1)
2,301,766 (2)
— 
23,371,898 (3)
Equity compensation plans not approved by security holders— — — 
Total2,301,766 — 23,371,898 

(1)Includes the "Incentive Plan”.
(2)Represents 2,301,766 shares of Class A common stock subject to RSUs and PSUs outstanding as of December 31, 2022. RSUs and PSUs do not have an exercise price. The number of securities to be issued with respect to the settlement of PSUs reflect the maximum number of shares under best-case achievement of the underlying performance metrics.
(3)As of December 31, 2022, an aggregate of 23,371,898 shares of Class A common stock were available for issuance under the Incentive Plan. The number of shares of Class A common stock reserved for issuance under the Incentive Plan will automatically increase on the first day of each fiscal year by the lesser of (i) 3% of the total number of outstanding shares of Class A common stock on the last day of the immediately preceding fiscal year, (ii) 9,976,164 shares of the Class A common stock and (iii) such smaller number of shares of Class A common stock as determined by the compensation committee of our board of directors.
PROXY STATEMENT82

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Ratio of Annual Compensation for the CEO to our Median Employee
As required in Item 402(u) of Regulation S-K, we have estimated the ratio of the 2022 annual total compensation of our CEO to the annual total compensation of our median employee was 70 to 1, calculated as follows:
For fiscal year 2022, the CEO's total annual compensation was $4,074,893.
The median of annual total compensation for all employees was $58,425.
The CEO's total annual compensation was approximately 70 times that of our median employee.
As a global organization, approximately 51% of our almost 2,800 employees were located outside of the United States as of December 31, 2022. The countries with our largest number of employees are the United States, France, and Germany. Consistent with our executive compensation program, our global compensation program is designed to be competitive in terms of both the position and the geographic location in which an employee is located. We identified our median employee based on target cash compensation (base salary including overtime, if applicable, plus target annual cash incentive, if applicable) of all our employees as of December 31, 2022. We chose this as our consistently applied compensation measure because we believed it was representative of employee compensation at the Company. The median employee was employed in the United States and serves as a laboratory technician. We calculated the median employee’s compensation under the Summary Compensation Table rules and compared that to the annual total compensation of our CEO, as disclosed in the Summary Compensation Table.
The pay ratio reported above is a reasonable estimate calculated in a manner consistent with SEC rules based on our internal records and the methodology described above. The SEC rules for identifying the median compensated employee and calculating the pay ratio based on that employee’s annual total compensation allow companies to adopt a variety of methodologies, to apply certain exclusions, and to make reasonable estimates and assumptions that reflect their employee populations and compensation practices. Accordingly, the pay ratio reported by other companies may not be comparable to the pay ratio reported above, as other companies have different employee populations and compensation practices and may utilize different methodologies, exclusions, estimates and assumptions in calculating their own pay ratios.
PROXY STATEMENT83

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CERTAIN RELATIONSHIPS AND RELATED-PARTY TRANSACTIONSCertain Relationships and Related Party Transactions
Other than as set forth below we had no transactions during 2022, and none are currently proposed, to which we were a party or will be a party, in which:
the amounts involved exceed $120,000; and
any of our directors, director nominees, executive officers or beneficial holders of more than 5% of any class of our capital stock had or will have a direct or indirect material interest.

IntermediateCo Charter
In connection with the Business Combination, we formed IntermediateCo as a direct subsidiary. IntermediateCo owns, directly or indirectly, all of our operating subsidiaries. As the holder of 100% of the voting securities of IntermediateCo, we have control over all of the affairs and decision making of IntermediateCo. As such, through our officers and directors, we are responsible for all operational and administrative decisions of IntermediateCo and the day-to-day management of IntermediateCo. We will fund any dividends to our stockholders by causing IntermediateCo to make distributions to us and the holders of IntermediateCo Class B common stock (including us) on a ratable basis.
Under the IntermediateCo Charter, the holders of IntermediateCo Class B common stock have the right (subject to the terms of our Charter)Amended and Restated Certificate of Incorporation), to require IntermediateCo to redeem all or a portion of their shares of IntermediateCo Class B common stock for, at our election, (1) newly issued shares of our Class A common stock on a one-for-one basis or (2) a cash payment equal to the product of the number of shares of IntermediateCo Class B common stock subject to redemption and the arithmetic average of the closing stock prices for a share of our Class A common stock for each of three (3) consecutive full trading days ending on and including the last full trading day immediately prior to the date of redemption (subject to customary adjustments, including for stock splits, stock dividends and reclassifications). If we decide to make a cash payment, the holder of IntermediateCo Class B common stock has the option to rescind its redemption request within a specified time period. The IntermediateCo Charter requires that we contribute, as applicable, cash or shares of our Class A common stock to IntermediateCo in exchange for an amount of newly-issued shares of IntermediateCo Class A common stock equal to the number of shares of IntermediateCo Class B common stock redeemed from the holders of IntermediateCo Class B common stock. IntermediateCo will then distribute the cash or shares of our Class A common stock to such holder of IntermediateCo Class B common stock to complete the redemption. In the event of a redemption request by a holder of IntermediateCo Class B common stock, we may, at our option, effect a direct exchange of cash or our Class A common stock for IntermediateCo Class B common stock in lieu of such a redemption. Shares of our Class B common stock will be canceled on a one-for-one basis if we, following a redemption request of a holder of IntermediateCo Class B common stock, redeem or exchange such holder’s IntermediateCo Class B common stock pursuant to the terms of the IntermediateCo Charter.
If at any time we issue a share of our Class A common stock or any other equity security with economic rights, the net proceeds received by us with respect to such share, if any, shall be concurrently contributed to IntermediateCo and IntermediateCo shall issue to us one share of IntermediateCo Class A common stock (or a corresponding other equity security of IntermediateCo), unless such share was issued by us solely to fund the purchase of a share of IntermediateCo Class B common stock from a holder of IntermediateCo Class B common stock (upon an election by us to exchange such IntermediateCo Class B common stock in lieu of redemption following a redemption request by such holder of IntermediateCo Class B common stock), in which case such net proceeds shall instead be transferred to the selling holder of IntermediateCo Class B common stock as consideration for such purchase, and IntermediateCo will not issue an additional share of Class A
PROXY STATEMENT84

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common stock to us. Similarly, (i) IntermediateCo may not issue any additional shares of its Class A common stock or Class B common stock to us or any of our subsidiaries unless substantially simultaneously therewith we or any of our subsidiaries issue or sell an equal number of shares of our Class A common stock, (ii) IntermediateCo may not issue any additional shares of its Class B common stock to any person other than us or any of our subsidiaries unless substantially simultaneously therewith we issue or sell an equal number of shares of our Class B common stock to such person and (iii) IntermediateCo may not issue any other equity securities to us or any of our subsidiaries unless substantially simultaneously therewith, we or such subsidiary issues or sells, to another person, an equal number of shares of a new class or series of equity securities of us or such subsidiary with substantially the same rights to dividends and distributions (including distributions upon liquidation) and other economic rights as those of such equity securities of IntermediateCo. Conversely, if at any time any shares of our Class A common stock are redeemed, purchased or otherwise acquired by us or any of our subsidiaries, IntermediateCo will substantially simultaneously therewith redeem, purchase or otherwise acquire an equal number of shares of its common stock held by us or our subsidiaries, upon the same terms and for the same price per security, as the shares of our Class A common stock are redeemed, purchased or otherwise acquired. In addition, IntermediateCo will not effect any subdivision (by any unit split, unit distribution, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse unit split,reclassification, reorganization, recapitalization or otherwise) of its common stock unless it is accompanied by a substantively identical subdivision or combination, as applicable, of each class of our common stock, and we will not effect
PROXY STATEMENT41

Certain Relationships and Related-Party Transactions
any subdivision or combination of any class of our common stock unless it is accompanied by a substantively identical subdivision or combination, as applicable, of the IntermediateCo common stock.
The IntermediateCo Charter provides that, in the event that a tender offer, share exchange offer, issuer bid, take-over bid, recapitalization or similar transaction with respect to our Class A common stock is proposed by us or to us and our stockholders and approved by our Board of Directors or is otherwise consented to or approved by our Board of Directors, the holders of paired interests comprised of shares of IntermediateCo Class B common stock and shares of our Class B common stock will be permitted to participate in such offer by delivery of a notice of redemption or exchange that is effective immediately prior to the consummation of such offer. In the case of any such offer proposed by us, we are obligated to use our commercially reasonable efforts to enable and permit the holders of such paired interests to participate in such offer to the same extent or on an economically equivalent basis as the holders of shares of our Class A common stock without discrimination. In addition, we are obligated to use our reasonable efforts to ensure that the holders of such paired interests may participate in each such offer without being required to redeem or exchange IntermediateCo Class B common stock.
The IntermediateCo Charter provides that, except for transfers to us as provided above or to certain permitted transferees, the IntermediateCo Class B common stock may not be sold, transferred or otherwise disposed of.
Subject to certain exceptions, IntermediateCo will indemnify all of its directors and officers and other related parties, against all losses or expenses arising from claims or other legal proceedings in which such person (in its capacity as such) may be involved or become subject to in connection with IntermediateCo’s business or affairs or the IntermediateCo Charter or any related document.

Director Nomination Agreements
At the closing of the Business Combination on October 20, 2021 (the “Closing”), we and CCP IX LP No. 1, CCP IX LP No. 2, CCP IX Co-Investment LP and CCP IX Co-Investment No. 2 LP (each acting by its general partner, Charterhouse General Partners (IX) Limited) (collectively, the “Charterhouse Parties” or the “Charterhouse Holders”) entered into a director nomination agreement (the “Charterhouse Director Nomination Agreement”) that provides the Charterhouse Parties with a right to representation on our Board. The Charterhouse Director Nomination Agreement grants the Charterhouse Parties the ongoing right (but not the obligation) to appoint or nominate to the Board of Directors one (1) individual (the “Charterhouse Director”), to serve as director of the Company. The Charterhouse Parties have designated ChrisChristopher Warren as the initial Charterhouse Director.Director and did not elect to nominate another director when Mr. Warren resigned in September 2022. The Charterhouse Director Nomination Agreement will terminate automatically when the Charterhouse Parties, collectively with
PROXY STATEMENT85

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their respective affiliates, hold less than 5% of our then outstanding common stock, or upon the mutual written agreement of the parties.
At the Closing, we and the Sponsor also entered into a director nomination agreement (the “GS Director Nomination Agreement”) that provides the Sponsor with a right to representation on our Board. The GS Director Nomination Agreement grants the Sponsor the ongoing right (but not the obligation) to appoint or nominate to the Board of Directors two (2) individuals (the “GS Sponsor Directors”), to serve as director of the Company. The GS Sponsor has designated LarryMr. Kingsley and JoMs. Natauri as the initial GS Sponsor Directors. The GS Director Nomination Agreement will terminate automatically when the Sponsor, GS Employee Participation and GS Employee Participation 2 (collectively, the "GS Holders"), collectively with their respective affiliates, hold less than 50% of the founder shares held by them at the Closing, or upon the mutual written agreement of the parties. The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC ("Goldman Sachs") are affiliates of the Sponsor.

Independent Board of Directors
NYSE rules generally require that independent directors must comprise a majority of a listed company’s board of directors. Our Board has determined that six (6) of our nine (9) directors, are “independent” as that term is defined under the applicable rules and regulations of the SEC and the listing requirements and rules of the NYSE, and the other three are not. For more information, see "Director Independence" above.
Amended and Restated Registration Rights Agreement
At the Closing, we entered into the Amended and Restated Registration Rights Agreement (the “RRA”) with the Sponsor, the GS Holders, GS II PIPE Investors Employee LP, NRD PIPE Investors LP, the Charterhouse Holders and all of the other pre-Business Combination shareholdersstockholders of Mirion ( collectively, with each other person who has executed and delivered a joinder thereto, the “RRA Parties”) pursuant to which the RRA Parties are entitled to registration rights in respect of our Class A common stock held by the RRA Parties, or issuable upon redemption of shares of IntermediateCo Class B common stock or upon exercise of warrants to purchase shares of our Class A common stock held by them, in each case at the closing of the Business Combination (these securities are collectively referred to as the “Registrable Securities”). In addition, the Charterhouse Holders are entitled to registration rights on any outstanding shares of our common stock acquired by them following the Closing to the extent such securities are “restricted securities” or “control securities” within the meaning of Rule 144 under the Securities Act.

PROXY STATEMENT42

Certain Relationships and Related-Party Transactions
The RRA provides that we will use commercially reasonable efforts to file with the SEC a shelf registration statement registering the resale of certain shares of our Class A common stock and certain other equity securities of the Company held by the RRA Parties. We filed this shelf registration statement (the “Resale S-1”) on October 27, 2021 and it was declared effective by the SEC on November 2, 2021. Each of (i) the Charterhouse Holders, (ii) the GS Holders or (iii) the holders of at least thirty percent (30%) in interest of the then outstanding registrable securities (each of (i), (ii) or (iii), the “Demanding Holders”) will be entitled to certain demand registration rights in connection with an underwritten offering. The Charterhouse Holders also have an exclusive right for a 90-day period beginning on April 19, 2022 (the “Charterhouse Demand Period”) to exercise a single demand right. The Demanding Holders are, at any time and from time to time on or after the date the Charterhouse Demand Period ends, entitled to demand registrations of all or part of their registrable securities. Such demand registrations are subject to certain offering thresholds, applicable lock-up restrictions and certain other conditions.
The Resale S-1 registered: (1) the issuance of up to 35,810,519 shares of Class A common stock upon (i) the exercise of warrants to purchase 27,249,979 shares of Class A common stock at an exercise price of $11.50 per share of Class A common stock, including the public warrants and the private placement warrants; and (ii) the redemption of 8,560,540 shares of IntermediateCo Class B common stock; and (2) the resale of up to 152,157,565 shares of Class A common stock consisting of (i) 116,347,025 shares of issued and outstanding shares of Class A common stock; (ii) 18,750,000 founder shares subject to vesting requirements; (iii) 8,500,000 shares of Class A common stock issuable upon the exercise of the private placement warrants; and (iv) 8,560,540 shares of Class A common stock issuable upon the redemption of 8,560,540 shares of IntermediateCo Class B common stock.
Lockup Restrictions
Pursuant toOn November 22, 2022 we filed a resale S-3 registration statement (the "S-3 Registration Statement") registering the RRA, holdersresale of anythe then remaining shares of our Class A common stock or paired interests received by such holder as consideration pursuant to the Business Combination Agreement (such holders, the “Target Stockholders, and such common stock or paired interests, the “Lock-Up Securities”) will be subject to certain transfer restrictions described below (the “Lock-Up Restrictions”). Pursuant to the Lock-Up Restrictions, Target Stockholders may not (a) sell, assign, offer to sell, contract or agree to sell, hypothecate, pledge, grant any option to purchase or otherwise dispose of or agree to dispose of, directly or indirectly, or establish or increase a put equivalent position or liquidation with respect to or decrease a call equivalent position within the meaning of Section 16other equity securities of the Exchange Act with respect to, any security, (b) enter into any hedging, swap or other arrangement that transfers to another, in whole or in part, anyCompany held by the RRA Parties. The S-3 Registration Statement was declared effective by the SEC on November 28, 2022. The S-3 Registration Statement effectively replaced the Resale S-1 as of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) publicly announce any intention to effect any transaction specified in clause (a) or (b) (each of clauses (a), (b) and (c), a “Transfer”), through and including April 18, 2022 (the “Lock-Up Period”).
Notwithstanding the foregoing, the Lock-Up Securities may be transferred during the Lock-Up Period:
(i)    by will, other testamentary document or intestacy;
(ii)    as a bona fide gift or gifts, including to charitable organizations or for bona fide estate planning purposes;
(iii)    to any trust for the direct or indirect benefit of the Target Stockholder or the immediate family of the Target     Stockholder, or if the Target Stockholder is a trust, to a trustor or beneficiary of the trust or to the estate of a beneficiary of such trust;
(iv)    to a partnership, limited liability company or other entity of which such Target Stockholder and the immediate family of such Target Stockholder are the legal and beneficial owner of all of the outstanding equity securities or similar interests;
(v)    if the Target Stockholder is a corporation, partnership, limited liability company, trust or other business entity, (A) to another corporation, partnership, limited liability company, trust or other business entity that is an affiliate (as defined in Rule 405 promulgated under the Securities Act) of such Target Stockholder, or to any investment fund or other entity controlling, controlled by, managing or managed by or under common control with such Target Stockholder or affiliates of such Target Stockholder (including, for the avoidance of doubt, where such Target Stockholder is a partnership, to its general partner or a successor partnership or fund, or any other funds managed by such partnership), or (B) as part of a distribution to members or stockholders of such Target Stockholder;
(vi)    to a nominee or custodian of any person or entity to whom a Transfer would be permissible under clauses (i) through (v) above;
(vii)    in the case of an individual, by operation of law, such as pursuant to a qualified domestic order, divorce settlement, divorce decree, separation agreement or related court order;November 28, 2022.
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(viii)    with the prior written consent of the Board (subject to the determination of the Board in its sole discretion at any time); provided such consent must be approved by each of the Charterhouse Director (unless waived by the Charterhouse Holders) and the GS Directors (unless waived by the GS Sponsor Member);
(ix)    from an employee or a director of, or a service provider to, us or any of our subsidiaries upon the death, disability or termination of employment or services, in each case, of such person; and
(x)    pursuant to a bona fide third-party tender offer, merger, consolidation or other similar transaction that is approved by the Board and made to all holders of shares of the Mirion’s capital stock involving a Change of Control (as defined below) (including negotiating and entering into an agreement providing for any such transaction), provided that in the event that such tender offer, merger, consolidation or other similar transaction is not completed, the Target Stockholder’s Lock-Up Securities shall remain subject to the Lock-Up Restrictions.

provided that (x) in the case of any Transfer of Lock-Up Securities pursuant to clauses (i) through (vi), (1) such Transfer shall not involve a disposition for value; (2) the Lock-Up Securities shall remain subject to the Lock-Up Restrictions and the transferee shall sign a joinder to the Amended and Restated Registration Rights Agreement before such Transfer is effective; (3) any required public report or filing (including filings under Section 16(a) of the Exchange Act), shall disclose the nature of such Transfer and that the Lock-Up Securities remain subject to the Lock-Up Restrictions; and (4) there shall be no voluntary public disclosure or other announcement of such Transfer; and (y) a Target Stockholder may enter into a trading plan established in accordance with Rule 10b5-1 under the Exchange Act during the Lock-Up Period so long as no Transfers are effected under such trading plan prior to the expiration of the Lock-Up Period and no voluntary public disclosure or announcement of such plan is made.
In addition, pursuant to the RRA, during the Lock-Up Period and during the Charterhouse Demand Period (together, the “Charterhouse Demand Lock-Up Period”), (a) the GS Founder Share Members will not be permitted to transfer any shares of our common stock (other than to their permitted transferees) or request a demand registration and (b) GSAM Holdings LLC and its affiliates may not transfer any PIPE Shares (other than any such shares distributed to permitted transferees, including the GS PIPE Participation LLCs) or request a demand registration (in each case of clauses (a) and (b), whether as part of a shelf registration, an unregistered transaction or otherwise); provided, however, that the Charterhouse Demand Lock-Up Period shall be extended for any day during which the Resale S-1 is not effective or sales pursuant to the Resale S-1 are suspended; provided, further, that the GS PIPE Participation LLCs (or their permitted transferees) shall also not request a demand registration during the Charterhouse Demand Lock-up Period.
Founder Shares
In July 2018,connection with the formation of GSAH, the Company’s predecessor, the GS Sponsor II LLC (the “Sponsor”) acquired certain shares of Class A common stock referred to herein as “founder shares.” As of December 31, 2022, the Sponsor purchased an aggregateand certain of 575its affiliates hold 18,750,000 founder shares. Pursuant to that certain Second Amended and Restated Sponsor Agreement, dated as of October 20, 2021, by and among us, the Sponsor and the other parties thereto, the founder shares for an aggregate purchase price of $5,000. In April 2020 and June 2020, GSAH conducted stock splits, resultingare subject to vesting in the Sponsor holding 20,125,000 founder shares, resulting in an effective purchase price per founder share of approximately $0.0003. The number of founder shares issued in the stock split was determinedthree equal tranches, based on the expectation thatvolume-weighted average price of our Class A common stock being greater than or equal to $12.00, $14.00 and $16.00 (each, a “Founder Share Vesting Event”) per share for any 20 trading days in any 30 consecutive trading day period. Vesting of the founder shares would represent 20%will be accelerated upon certain sale events based on the per share price of our Class A common stock in such sale event. Holders of the founder shares are entitled to vote such founder shares and receive dividends and other distributions with respect to such founder shares prior to vesting, but such dividends and other distributions with respect to unvested founder shares will be set aside by the Company and shall only be paid to the holders of the founder shares upon the vesting of such founder shares. The founder shares will be forfeited to the Company for no consideration if they fail to vest by October 20, 2026.
Profits Interests
On June 16, 2021 and in connection with the Business Combination, the Sponsor issued 3,200,000 membership interests to Thomas Logan, 700,000 membership interests to Brian Schopfer and 4,200,000 membership interests to Lawrence Kingsley (collectively, the “Profits Interests”). The Profits Interests are intended to be treated as profits interests for U.S. income tax purposes, pursuant to which Messrs. Logan, Schopfer and Kingsley (the “Award Holders”) will have an indirect interest in the founder shares held by the Sponsor. The Profits Interests are subject to service and performance vesting conditions as described in this section, including the occurrence of the Closing, and do not fully vest until all of the applicable conditions are satisfied. In addition, the Profits Interests are subject to certain forfeiture conditions.
Fifty percent (50%) of the Profits Interests granted to each of Messrs. Logan and Schopfer service vest on each of the second and third anniversaries of the Closing, and fifty percent (50%) of the Profits Interests granted to Mr. Kingsley service vest on each of the first and second anniversaries of the Closing. All of the Profits Interests immediately service vest upon a change in control of Mirion or any of their respective subsidiaries. If Messrs. Logan or Schopfer’s service (i) is terminated without “cause” or (ii) voluntarily ceases for “good reason” or his service terminates due to death or disability, 1/3, 2/3 and 100% respectively of the Profits Interests will become service vested if the termination occurs before the respective first, second or third anniversaries of the Closing, and if Mr. Kingsley’s service terminates due to death or disability, 1/3 and 100% of the Profits Interests will become service-vested if the termination occurs before the respective first or second anniversary of the Closing. If Messrs. Logan or Schopfer voluntarily ceases to provide services without good reason after the second anniversary of the Closing, an additional 12.5% of each such Award Holder’s Profits Interests will service-vest as of the termination date in respect of each full quarter the Award Holder provided services since the most recent service-vesting date. In addition, if a change in control of Mirion occurs within six months immediately following such termination of employment, then all of the outstanding sharesProfits Interests will service-vest as of immediately prior to the change of control. If Mr. Kingsley voluntarily ceases to provide services after the first anniversary of the Closing, an additional 12.5% of Mr. Kingsley Profits Interests will service-vest as of the termination date in respect of each full quarter Mr. Kingsley provided services since the most recent service-vesting date.
Twenty-five (25%) and seventy-five (75%) of Profits Interests granted to each of Messrs. Logan and Schopfer become vested with respect to the performance vesting condition on the first trading day after the Closing for which the volume weighted average price of our Class A common stock uponis $14.00 or $16.00, respectively, for at least 20 of 30 consecutive trading days, if such date occurs on or before the completionfifth anniversary of GSAH's initial public offering. Priorthe Closing, and seventy-five (75%) and twenty-five (25%) of Profits Interests granted to Mr. Kingsley performance-vest on the first trading day after the Closing for which the volume weighted average price of our Class A common stock is $12.00 or $14.00, respectively, for at least 20 of 30 consecutive trading days, if such date occurs on or
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before the fifth anniversary of the Closing. In addition, if a change in control of Mirion occurs at any time on or prior to the initial investment in GSAH of $5,000 by the Sponsor, GSAH had no assets, tangible or intangible. Following the partial exercisefifth anniversary of the optionClosing and the per share value received is at least equal to purchase additional shares, 1,375,000 founder shares werethe specified price then the performance vesting conditions of the applicable Profits Interests will be deemed satisfied.
The Profits Interests granted to an Award Holder are forfeited byentirely for no consideration if (i) the Sponsor on August 13, 2020, at no cost in orderperformance vesting conditions are not satisfied before October 20, 2026, (ii) the Award Holder’s services terminate for cause, (iii) Messrs. Logan or Schopfer voluntarily ceases to maintainprovide services without “good reason” prior to the second anniversary of the Closing or Mr. Kingsley voluntarily ceases to provide services prior to the first anniversary of the Closing, (iv) an Award Holder voluntarily ceases to provide services where grounds for a termination for cause exist, or (v) an Award Holder materially breaches a restrictive covenant agreement. In addition, 320,000, 70,000 and 420,000 of the Profits Interests issued to each of Messrs. Logan, Schopfer and Kingsley, respectively, are forfeited from the total number of founder shares equalProfits Interests granted to 20% of the outstanding shares of common stock, upon the completion of GSAH's initial public offering. In connection with the Closing, the founder shares became subjecteach Award Holder that fully vest (if any) if Mirion fails to certain vestingimplement a compliance work plan and forfeiture conditions. See “Part 1, Item 1. Business—Business Combination Overview.”remedy any such failures.
Private Placement Warrants
In connection with the completion of GSAH’s initial public offering, the Sponsor purchased an aggregate of 8,500,000 private placement warrants, each exercisable to purchase one share of the GSAH’s Class A common stock for $11.50 per share, at a price of $2.00 per private placement warrant, generating proceeds, before expenses, of $17,000,000. The private placement warrants (including the Class A common stock issuable upon exercise of the private placement warrants) are not redeemable by us so long as they are held by the Sponsor or its permitted transferees. Effective March 30, 2021, the Sponsor agreed not to transfer its private placement warrants.
Related Party NotesT. Rowe Price Investment
On April 17, 2020, an affiliate of the Sponsor agreed to loan GSAH an aggregate amount of up to $300,000 to be used to pay a portion of the expenses related to GSAH's initial public offering pursuant to a promissory note (the “Note”). The Note
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was non-interest bearing, unsecured and payable on the earlier of December 31, 2020 and the closing of GSAH's initial public offering. On May 28, 2020, GSAH borrowed $300,000 under the Note. On July 2, 2020, the full $300,000 balance of the Note was repaid.
On November 12, 2020, the Sponsor agreed to loan GSAH up to an aggregate of $2,000,000 pursuant to the working capital note (the “Working Capital Note”). Any amounts borrowed under the Working Capital Note were non-interest bearing, unsecured and were due at the earlier of the date GSAH was required to complete its initial business combination pursuant to its amended and restated certificate of incorporation, as amended from time to time, and the closing of the initial business combination. On March 12, 2021, GSAH borrowed $1,500,000 under the Working Capital Note. On October 20, 2021, the $1,500,000 borrowed under the Working Capital Note was forgiven.
Sponsor Commitment
On March 11, 2019, the Sponsor provided GSAH with a commitment pursuant to which the Sponsor agreed that, if funds are needed by GSAH through June 12, 2020 to pay ordinary course expenses, the Sponsor would provide GSAH with liquidity of up to an aggregate of $2.0 million. The Sponsor will not receive any additional interest in GSAH in exchange for any such contribution and any liquidity provided under the commitment will be in the form of a contribution with respect to the Sponsor’s founder shares. This commitment was not exercised.
Administrative Services Agreement
GSAHFebruary 21, 2023, we entered into an agreement to pay an affiliate ofsubscription agreements with certain funds and accounts advised by T. Rowe Price Investment Management, Inc. for the Sponsor a total of $10,000 per month for office space, utilities, administrativeissuance and support services. This agreement terminated upon the completion of the initial business combination. GSAH ceased paying these monthly fees as of October 20, 2021.
Subscription Agreements
Concurrently with the execution of the Business Combination Agreement, GSAH entered into a Subscription Agreement with GSAM Holdings, pursuant to, and on the terms and subject to the conditions of which, GSAM subscribed for 20,000,000 PIPE Shares of our Class A common stock for an aggregate purchase price equal to $200,000,000, subject to GSAM’s rights to syndicate prior to the Closing. The PIPE Investment was consummated substantially concurrently with Closing. GSAM Holdings syndicated 17,199,900 and 2,300,100sale by us 17,142,857 shares of our Class A common stock from its PIPE investment to GSAH II PIPE Investors Employee LP and NRD PIPE Investors LP, respectively. GSAM Holdings also syndicated 500,000stock). The shares were offered at the closing price of our Class A common stock from its PIPE investment to entities affiliated with Lawrence D. Kingsley, Chairman$8.75 per share on February 17, 2023. The Company received gross proceeds of approximately $150 million before deducting offering expenses. We used approximately $125 million of the Board, at a price of $10.00 per share.
A&R Sponsor Agreement
In connection withproceeds to repay outstanding indebtedness and intend to use the execution of the Business Combination Agreement, GSAH amended and restated that certain letter agreement, dated June 29, 2020 (the "Letter Agreement"), by and among GSAH, the Sponsor, GSAM Holdings, GS Employee Participation (collectively, the “Insiders”), pursuant to which, among other things, the Insiders agreed (i) to vote any shares of GSAH’s securities in favor of the Business Combination and other Business Combination proposals, (ii) not to redeem any shares of the Company’s Class A common stock or the Company’s Class B common stock, in connection with the optional stockholder redemption, and (iii) certain transfer restrictions. On October 20, 2021, the GSAH again amended and restated the Letter Agreement pursuant to which GS Employee Participation 2 became a party to the agreement.
Related Party Payments
Goldman Sachs & Co. LLC (“Goldman Sachs”), an affiliate of GSAH and the Sponsor (Thomas R. Knott, Chief Executive Officer, Chief Financial Officer and Secretary and a director of GSAH, is a Managing Director of Goldman Sachs and Raanan A. Agus, one of GSAH’s directors, is a Participating Managing Director of Goldman Sachs), acted as financial advisor to GSAH in connection with, and participated in certain of the negotiations leading to, the transaction contemplated by the Business Combination Agreement.
In connection with the Business Combination, an aggregate amount of approximately $33 million in deferred underwriting discount, advisory fees and placement agent fees, was paid to Goldman Sachs & Co. LLC in connection with the Closing of the Business Combination. Goldman Sachs & Co. LLC has provided certain financial advisory and/or underwriting
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services to GSAH from time to timeremainder for which the Investment Banking Division of Goldman Sachs has received, and may receive, compensation, including having acted as a joint bookrunner with respect to GSAH's initial public offering. Goldman Sachs also received a committed financing fee of $18,400,000 in connection with the financing of certain credit facilities.general corporate purposes.
In addition, Goldman Sachs (together with its affiliates) is a full service financial institution engaged in various activities, which may include sales and trading, commercial and investment banking, advisory, investment management, investment research, principal investing, hedging, market making, brokerage and other financial and non-financial activities and services. From time to time, Goldman Sachs and its affiliates have provided various investment banking and other commercial dealings unrelated to the Business Combination or the PIPE Investment to Mirion, the Charterhouse Parties and their affiliates, and GSAH and its affiliates, and has received customary compensation in connection therewith. In addition, Goldman Sachs and its affiliates may provide investment banking and other commercial services to us and our affiliates and to the Charterhouse Parties and their affiliates in the future, for which Goldman Sachs and its affiliates would expect to receive customary compensation. In the ordinary course of its business activities, Goldman Sachs and its affiliates, officers, directors and employees may make or hold a broad array of investments and actively trade debt and equity securities (or related derivative securities) and financial instruments (including bank loans) for their own accounts and for the accounts of their customers. Such investments and securities activities may involve securities and/or instruments of the Mirion, or its respective affiliates. Goldman Sachs and its affiliates may also make investment recommendations and/or publish or express independent research views in respect of such securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments.
Shareholder Notes
Mirion Technologies (HoldingSub1), Ltd. ("UKTopco") issued certain shareholder notes (the "Shareholder Notes"), to certain of its shareholders and members of Mirion management. All outstanding principal was due on March 31, 2026. The Shareholder Notes accrued payment-in-kind ("PIK") interest daily at a rate of 11.5% annually (other than a $70 million tranche that accrued interest at a rate of 6.0% annually until October 1, 2021 and then accrued interest at a rate of 11.5% annually thereafter) with such annual amount added to the outstanding principal amount on December 31 of each year in arrears. The Shareholder Notes could be prepaid without penalty at UKTopco’s option and are subordinate in right of payment to any indebtedness of UKTopco subsidiaries to banks or to other financial institutions (either currently existing or to occur in the future). The Shareholder Notes had a redemption right at the option of UKTopco by paying to the noteholder the full outstanding principal amount together with accrued but unpaid interest up to but excluding the redemption date. All of the Shareholder Notes were acquired by GSAH at the Closing for a price equal to the full outstanding principal amount together with all accrued but unpaid interest up to but excluding the Closing Date using a portion of the Business Combination consideration. As part of the Closing, GSAH contributed the Shareholder Notes to Mirion Topco and then the Shareholder Notes were extinguished in full.
Management Notes
UKTopco also issued certain notes (the "Management Notes"), to Thomas D. Logan, Mirion’s Chairman and Chief Executive Officer. The terms of the Management Notes were substantially similar to the Shareholder Notes, except that the Management Notes accrued payment-in-kind (PIK) interest daily at a rate of 11.5% annually with half of such annual amount added to the outstanding principal amount on December 31 of each year in arrears while the remaining half is payable in cash on December 31 of each year. At June 30, 2021 and 2020, there were $3.7 million and $3.4 million in Management Notes outstanding. All of the Management Notes were acquired by GSAH at the Closing for a price equal to the full outstanding principal amount together with all accrued but unpaid interest up to but excluding the Closing Date using a portion of the Business Combination consideration. As part of the Closing, GSAH contributed the Management Notes to Mirion Topco and then the Management Notes were extinguished in full.
Investment Agreement and Co-Investment Agreement
In November 2014, Mirion entered into an investment agreement (the “Investment Agreement”), with certain holders of our Management Notes, stockholder Notes, A Ordinary Shares and B Ordinary Shares, including certain members of the Mirion management team (the “Managers”), certain investors affiliated with the Charterhouse Holders (the “Investors”) and certain of Mirion’s subsidiaries. The Managers and the Investors are collectively referred to as the Ordinary Shareholders. The Investment Agreement provides the Ordinary Shareholders with certain registration rights, including the right to demand that Mirion file a registration statement and certain piggyback rights with respect to including their shares part of a registration statement that Mirion would otherwise file. The Investment Agreement also provides the Investors with certain
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information rights. The Investment Agreement also provides our Ordinary Shareholders with a right of first refusal with regard to certain issuances of our equity securities, which will not apply to, and will terminate upon, the consummation of the Business Combination. Finally, a majority of the Investors may from time to time appoint to, and remove from, the board of directors three non-executive directors; however, this board designation right will terminate upon the consummation of the Business Combination.
In June 2016, we entered into an amended and restated co-investment agreement (the “Co-Investment Agreement”), with the Managers, the Investors, additional investors (the “Co-Investors”) and certain of our subsidiaries, including Mirion Technologies (US), Inc., in order to finance the acquisition of Canberra Industries, Inc. and Canberra France. The terms of the Co-Investment Agreement are substantially similar to those of the Investment Agreement, however, there is no board designation right under the Co-Investment Agreement.
The Investment Agreement and the Co-Investment Agreement were terminated as of the Closing.
DirectorIndependent Board of Directors
NYSE rules generally require that independent directors must comprise a majority of a listed company’s board of directors. Our Board has determined that six (6) of our nine (9) directors, are “independent” as that term is defined under the applicable rules and Executive Officer Compensation
Please see “Director Compensation”regulations of the SEC and “Executive Compensation” for information regarding the compensationlisting requirements and rules of Mirion’s directorsthe NYSE, and executive officers.
Employee Agreements
Mirion has entered into employment agreements with Mirion’s executive officers.the other three are not. For more information, regarding these agreements, see “Employment Arrangements.”"Director Independence" above.
Indemnification AgreementsAmended and Directors’ and Officers’ Liability InsuranceRestated Registration Rights Agreement
We haveAt the Closing, we entered into indemnification agreementsthe Amended and Restated Registration Rights Agreement (the “RRA”) with certainthe Sponsor, the GS Holders, GS II PIPE Investors Employee LP, NRD PIPE Investors LP, the Charterhouse Holders and all of the other pre-Business Combination stockholders of Mirion ( collectively, with each other person who has executed and delivered a joinder thereto, the “RRA Parties”) pursuant to which the RRA Parties are entitled to registration rights in respect of our former directors and executive officers. We alsoClass A common stock held an insurance policy that insures certainby the RRA Parties, or issuable upon redemption of shares of IntermediateCo Class B common stock or upon exercise of warrants to purchase shares of our former directors and officers against certain liabilities. Effective uponClass A common stock held by them, in each case at the consummationclosing of the Business Combination we entered into new indemnification agreements with each(these securities are collectively referred to as the “Registrable Securities”). In addition, the Charterhouse Holders are entitled to registration rights on any outstanding shares of our directorscommon stock acquired by them following the Closing to the extent such securities are “restricted securities” or “control securities” within the meaning of Rule 144 under the Securities Act.
The RRA provides that we will use commercially reasonable efforts to file with the SEC a shelf registration statement registering the resale of certain shares of our Class A common stock and certain other equity securities of the Company held by the RRA Parties. We filed this shelf registration statement (the “Resale S-1”) on October 27, 2021 and it was declared effective by the SEC on November 2, 2021. The Resale S-1 registered: (1) the issuance of up to 35,810,519 shares of Class A common stock upon (i) the exercise of warrants to purchase 27,249,979 shares of Class A common stock at an exercise price of $11.50 per share of Class A common stock, including the public warrants and the private placement warrants; and (ii) the redemption of 8,560,540 shares of IntermediateCo Class B common stock; and (2) the resale of up to 152,157,565 shares of Class A common stock consisting of (i) 116,347,025 shares of issued and outstanding shares of Class A common stock; (ii) 18,750,000 founder shares subject to vesting requirements; (iii) 8,500,000 shares of Class A common stock issuable upon the exercise of the private placement warrants; and (iv) 8,560,540 shares of Class A common stock issuable upon the redemption of 8,560,540 shares of IntermediateCo Class B common stock.
On November 22, 2022 we filed a resale S-3 registration statement (the "S-3 Registration Statement") registering the resale of the then remaining shares of our Class A common stock and certain other equity securities of the Company held by the RRA Parties. The S-3 Registration Statement was declared effective by the SEC on November 28, 2022. The S-3 Registration Statement effectively replaced the Resale S-1 as of November 28, 2022.
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Founder Shares
In connection with the formation of GSAH, the Company’s predecessor, the GS Sponsor II LLC (the “Sponsor”) acquired certain shares of Class A common stock referred to herein as “founder shares.” As of December 31, 2022, the Sponsor and certain of our executive officers. We also obtained a new insurance policyits affiliates hold 18,750,000 founder shares. Pursuant to that insures eachcertain Second Amended and Restated Sponsor Agreement, dated as of October 20, 2021, by and among us, the Sponsor and the other parties thereto, the founder shares are subject to vesting in three equal tranches, based on the volume-weighted average price of our directorsClass A common stock being greater than or equal to $12.00, $14.00 and $16.00 (each, a “Founder Share Vesting Event”) per share for any 20 trading days in any 30 consecutive trading day period. Vesting of the founder shares will be accelerated upon certain sale events based on the per share price of our executive officers against certain liabilities.Class A common stock in such sale event. Holders of the founder shares are entitled to vote such founder shares and receive dividends and other distributions with respect to such founder shares prior to vesting, but such dividends and other distributions with respect to unvested founder shares will be set aside by the Company and shall only be paid to the holders of the founder shares upon the vesting of such founder shares. The founder shares will be forfeited to the Company for no consideration if they fail to vest by October 20, 2026.
Profits Interests
On June 16, 2021 and in connection with the Business Combination, the Sponsor issued 3,200,000 membership interests to Thomas Logan, 700,000 membership interests to Brian Schopfer and 4,200,000 membership interests to Lawrence Kingsley (collectively, the “Profits Interests”). The Profits Interests are intended to be treated as profits interests for U.S. income tax purposes, pursuant to which Messrs. Logan, Schopfer and Kingsley (the “Award Holders”) will have an indirect interest in the founder shares held by the Sponsor. The Profits Interests are subject to service and performance vesting conditions as described in this section, including the occurrence of the Closing, and do not fully vest until all of the applicable conditions are satisfied. In addition, the Profits Interests are subject to certain forfeiture conditions.
Fifty percent (50%) of the Profits Interests granted to each of Messrs. Logan and Schopfer service-vestservice vest on each of the second and third anniversaries of the Closing, and fifty percent (50%) of the Profits Interests granted to Mr. Kingsley service-vestservice vest on each of the first and second anniversaries of the Closing. All of the Profits Interests immediately service vest upon a change in control of GSAH, Mirion or any of their respective subsidiaries. If Messrs. Logan or Schopfer’s service (i) is terminated without “cause” or (ii) voluntarily ceases for “good reason” or his service terminates due to death or disability, 1/3, 2/3 and 100% respectively of the Profits Interests will become service-vestedservice vested if the termination occurs before the respective first, second or third anniversaries of the Closing, and if Mr. Kingsley’s service terminates due to death or disability, 1/3 and 100% of the Profits Interests will become service-vested if the termination occurs before the respective first or second anniversary of the Closing. If Messrs. Logan or Schopfer voluntarily ceases to provide services without good reason after the second anniversariesanniversary of the Closing.Closing, an additional 12.5% of each such Award Holder’s Profits Interests will service-vest as of the termination date in respect of each full quarter the Award Holder provided services since the most recent service-vesting date. In addition, if a change in control of GSAH, Mirion or any of their respective subsidiaries occurs within six months immediately following such termination of employment, then the all of the outstanding Profits Interests will service-vest as of immediately prior to the change of control. and ifIf Mr. Kingsley voluntarily ceases to provide services after the first anniversary of the Closing, an additional 12.5% of each such Award Holder’sMr. Kingsley Profits Interests will service-vest as of the termination date in respect of each full quarter the Award HolderMr. Kingsley provided services since the most recent service-vesting date.
PROXY STATEMENT47

Certain Relationships and Related-Party Transactions
Twenty-five (25%) and seventy-five (75%) of Profits Interests granted to each of Messrs. Logan and Schopfer become vested with respect to the performance vesting condition on the first trading day after the Closing for which the volume weighted average price of GSAHour Class A common stock is $14.00 or $16.00, respectively, for at least 20 of 30 consecutive trading days, if such date occurs on or before the fifth anniversary of the Closing, and seventy-five (75%) and twenty-five (25%) of Profits Interests granted to Mr. Kingsley performance-vest on the first trading day after the Closing for which the volume weighted average price of GSAHour Class A common stock is $12.00 or $14.00, respectively, for at least 20 of 30 consecutive trading days, if such date occurs on or
PROXY STATEMENT87

Certain Relationships and Related Party Transactions workiva_angle.jpg
before the fifth anniversary of the Closing. In addition, if a change in control of GSAH, Mirion or any of their respective subsidiaries occurs at any time on or prior to the fifth anniversary of the Closing and the per share value received is at least equal to the specified price then the performance vesting conditions of the applicable Profits Interests will be deemed satisfied.
The Profits Interests granted to an Award Holder are forfeited entirely for no consideration if (i) the performance vesting conditions are not satisfied before October 20, 2026, (ii) the Award Holder’s services terminate for cause, (ii)(iii) Messrs. Logan or Schopfer voluntarily ceases to provide services without “good reason” prior to the second anniversary of the Closing or Mr. Kingsley voluntarily ceases to provide services prior to the first anniversary of the Closing, (iii)(iv) an Award Holder voluntarily ceases to provide services where grounds for a termination for cause exist, (iv) the Business Combination does not close prior to November 30, 2021 (or such later date as mutually agreed by Mirion and GSAH) or (v) an Award Holder materially breaches a restrictive covenant agreement. In addition, 320,000, 70,000 and 420,000 of the Profits Interests issued to each of Messrs. Logan, Schopfer and Kingsley, respectively, are forfeited from the total number of Profits Interests granted to each Award Holder that fully vest (if any) if Mirion fails to implement thea compliance work plan and remedy any such failures.
Executive LoansPrivate Placement Warrants
Mirion extended loans pursuant to individualized loan agreements, each dated asIn connection with the completion of June 2, 2020, with each of (i) Thomas Logan, with a principal amount of $528,005.98, (ii) Michael Freed, with a principal amount of $529,021.51 and (iii) Brian Schopfer, withGSAH’s initial public offering, the Sponsor purchased an aggregate principal amount of $474,003.98 (collectively, the “Executive Loans”),8,500,000 private placement warrants, each of which were intendedexercisable to enable the applicable executive to acquire Class A ordinary shares of Mirion (the terms and circumstances of Mr. Schopfer’s Executive Loan are described further below). Eachpurchase one share of the Executive Loans carries interest at a rate of 0.58% per annum. The Executive Loans became repayable, together with any accrued but unpaid interest thereon, on the Closing Date. The Executive Loan agreements contemplate repayment by the executives by applying (i) 50% of any after-tax amount of the applicable executive’s annual cash bonus in respect of any given year and (ii) any cash proceeds received by the executive directly attributable to his transfer of any Class A ordinary shares of Mirion, which such amounts each executive has expressly agreed may be deducted by Mirion to discharge the applicable Executive Loan.
Mr. Schopfer’s Executive Loan agreement provides for two separate tranches of loans. The first tranche amends and restates the terms applicable to a loan that Mirion originally extended to Mr. Schopfer on May 16, 2019, which, as of June 2, 2020, had $173,047.84, comprising principal and accrued but unpaid interest, outstanding thereunder. The second tranche of Mr. Schopfer’s Executive Loan consists of a principal amount of $168,313.50, applied as consideration for Mr. Schopfer’s acquisition of 110,000 shares of MirionGSAH’s Class A common stock Mirion Topco and $55,681.96 principal amountfor $11.50 per share, at a price of loan notes, plus interest.
Mirion also extended a loan to Mr. Schopfer on September 24, 2019 to enable Mr. Schopfer to repay a sign-on bonus granted to him by a previous employer that became repayable when Mr. Schopfer resigned his employment with such former employer to commence employment with Mirion (the “Schopfer Sign-On Bonus Loan”),$2.00 per private placement warrant, generating proceeds, before expenses, of $17,000,000. The private placement warrants (including the terms of which were amended and restated pursuant to an amended loan agreement with Mirion executed on June 2, 2020. On June 2, 2020, $132,642.64Class A common stock issuable upon exercise of the Schopfer Sign-On Bonus Loan, comprising principal and accrued but unpaid interest, was outstanding. The terms ofprivate placement warrants) are not redeemable by us so long as they are held by the Schopfer Sign-On Bonus Loan are substantially similarSponsor or its permitted transferees. Effective March 30, 2021, the Sponsor agreed not to those of Mr. Schopfer’s Executive Loan, including that the Schopfer Sign-On Bonus Loan carries interest at a rate of 0.58% per annum and became repayable on the Closing Date.transfer its private placement warrants.
Each of the Executive Loans was repaid on October 20, 2021. Rights to receive an aggregate of 9,836 and 27,708 shares of Common Stock were surrendered to satisfy the Executive Loans of (i) Michael Freed having an aggregate principal amount of $98,368 and (ii) Brian Schopfer having an aggregate principal amount of $277,083, respectively.T. Rowe Price Investment
Exit Bonuses
Please see “Analysis of Fiscal 2021 Compensation” for information regarding cash bonuses that may have become payable to Mirion’s executive officers upon the Closing.
Management Fees
PROXY STATEMENT48

Certain Relationships and Related-Party Transactions
We were subject toOn February 21, 2023, we entered into subscription agreements with certain funds and accounts advised by T. Rowe Price Investment Management, Inc. for the issuance and sale by us 17,142,857 shares of our Class A common stock). The shares were offered at the closing price of $8.75 per share on February 17, 2023. The Company received gross proceeds of approximately $150 million before deducting offering expenses. We used approximately $125 million of the Charterhouse Parties which obligated usproceeds to pay quarterly management fees of $0.1 million per year since 2015. In return,repay outstanding indebtedness and intend to use the Charterhouse Parties provided various investment banking services relating to financing arrangements, mergers and acquisitions and other services. During the Predecessor Stub Period and the fiscal years ended June 30, 2021, and June 30, 2020 and June 30, 2019, we paid the Charterhouse Parties an aggregate of $0.1 million, $0.1 million, $0.3 million and $0.2 million, respectively,remainder for professional fees and expense reimbursements. Upon the completion of the Business Combination, these agreements with the Charterhouse Parties terminated and, as of December 31, 2021 we do not owe any additional payments for professional fees or have any expense reimbursements payable to the Charterhouse Parties.general corporate purposes.

Related Party Policy
Our Board of Directors adopted a written related party transaction policy that sets forth the following policies and procedures for the review and approval or ratification of related party transactions. A “related party transaction” is a transaction, arrangement or relationship in which the Company or any of its subsidiaries was, is, or will be a participant, the amount of which involved exceeds $120,000, and in which any related party had, has or will have a direct or indirect material interest. A “related party” means:

any director (which term includes any director nominee of the Company) or executive officer of the Company;
any immediate family member of any of the foregoing persons, which means a child, stepchild, parent, stepparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, sister-in-law or any person sharing the household (other than a tenant or employee);
any nominee for director and the immediate family members of such nominee; and
a 5% beneficial owner of the Company’s voting securities or any immediate family member of such owner.

We have policies and procedures designed to minimize potential conflicts of interest arising from any dealings it may have with its affiliates and to provide appropriate procedures for the disclosure of any real or potential conflicts of interest that may exist from time to time. Specifically, pursuant to its Audit Committee charter, the Audit Committee has the responsibility to review related party transactions.
Independent Board of Directors
NYSE rules generally require that independent directors must comprise a majority of a listed company’s board of directors. Our Board has determined that Kenneth C. Bockhorst, Robert A. Cascella, Steven W. Etzel, John W. Kuo and Jody A. Markopoulos, representing five (5)six (6) of our nine (9) directors, are “independent” as that term is defined under the applicable rules and regulations of the SEC and the listing requirements and rules of the NYSE. Our independent directors hold regularly scheduled meetings atNYSE, and the other three are not. For more information, see "Director Independence" above.
Amended and Restated Registration Rights Agreement
At the Closing, we entered into the Amended and Restated Registration Rights Agreement (the “RRA”) with the Sponsor, the GS Holders, GS II PIPE Investors Employee LP, NRD PIPE Investors LP, the Charterhouse Holders and all of the other pre-Business Combination stockholders of Mirion ( collectively, with each other person who has executed and delivered a joinder thereto, the “RRA Parties”) pursuant to which only independent directorsthe RRA Parties are present.
PROXY STATEMENT49

Proposal No. 2 - Ratification of Appointment of Independent Registered Public Accounting Firm
PROPOSAL NO. 2
RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Audit Committeeentitled to registration rights in respect of our BoardClass A common stock held by the RRA Parties, or issuable upon redemption of Directors has appointed Deloitte asshares of IntermediateCo Class B common stock or upon exercise of warrants to purchase shares of our independent registered public accounting firm sinceClass A common stock held by them, in each case at the consummationclosing of the Business Combination in 2021. Deloitte has served(these securities are collectively referred to as the “Registrable Securities”). In addition, the Charterhouse Holders are entitled to registration rights on any outstanding shares of our auditors priorcommon stock acquired by them following the Closing to the Business Combination since 2015.extent such securities are “restricted securities” or “control securities” within the meaning of Rule 144 under the Securities Act.

We are asking our stockholdersThe RRA provides that we will use commercially reasonable efforts to ratify the selection of Deloitte as our independent registered public accounting firm. Although ratification is not required by our Bylaws or otherwise, we are submitting the election of Deloitte to our stockholders for ratification as a matter of good corporate practice and because we value our stockholders' views on our independent registered public accounting firm. In the event that our stockholders fail to ratify the selection, the Audit Committee will review its future selection of independent auditors. Even if our stockholders ratify the selection, our Audit Committee, in its discretion, may appoint another independent registered public accounting firm at any time during the year if the Audit Committee believes that such a change would be in the best interest of Mirion and our stockholders.

As previously disclosed in the Form 8-K filedfile with the SEC on October 25, 2021, PricewaterhouseCoopers LLP (“PwC”),a shelf registration statement registering the Company’s independent registered public accounting firm prior to the Business Combination, was dismissed by voteresale of the boardcertain shares of directors on October 20, 2021. On the same date, the audit committee of the board of directors approved the engagement of Deloitte as the Company’s independent registered public accounting firm effective upon the dismissal of PwC.

The audit report of PwC on GSAH, the Company’s legal predecessor, balance sheet as of December 31, 2020 and 2019, and the related statements of operations, of changes in stockholders’ equity and of cash flows for each of the two years in the period ended December 31, 2020 and for the period from May 31, 2018 (date of inception) to December 31, 2018, did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainties, audit scope or accounting principles.

During the period from May 31, 2018 (date of inception) to December 31, 2020 and the subsequent interim periods through October 20, 2021, there were no disagreements between GSAH and PwC on any matter of accounting principles or practices, financial disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of PwC, would have caused it to make reference to the subject matter of the disagreements in its reports on GSAH’s financial statements for such period.

During the period from May 31, 2018 (date of inception) to December 31, 2020 and the subsequent interim periods through October 20, 2021, there were no reportable events, as defined in Item 304(a)(1)(v) of Securities and Exchange Commission Regulation S-K (“Regulation S-K”), except for (a) GSAH restated its 2020 financial statements to correct errors as discussed in Note 2 to the financial statements and (b) GSAH concluded that a material weakness exists around the interpretation and accounting for certain complex features of theour Class A common stock and Warrants issuedcertain other equity securities of the Company held by GSAH.

During the years ended December 31, 2020RRA Parties. We filed this shelf registration statement (the “Resale S-1”) on October 27, 2021 and 2019 and subsequent interim period through October 20, 2021, we did not consult with Deloitte with respectit was declared effective by the SEC on November 2, 2021. The Resale S-1 registered: (1) the issuance of up to 35,810,519 shares of Class A common stock upon (i) the applicationexercise of accounting principleswarrants to purchase 27,249,979 shares of Class A common stock at an exercise price of $11.50 per share of Class A common stock, including the public warrants and the private placement warrants; and (ii) the redemption of 8,560,540 shares of IntermediateCo Class B common stock; and (2) the resale of up to 152,157,565 shares of Class A common stock consisting of (i) 116,347,025 shares of issued and outstanding shares of Class A common stock; (ii) 18,750,000 founder shares subject to vesting requirements; (iii) 8,500,000 shares of Class A common stock issuable upon the exercise of the private placement warrants; and (iv) 8,560,540 shares of Class A common stock issuable upon the redemption of 8,560,540 shares of IntermediateCo Class B common stock.
On November 22, 2022 we filed a specified transaction, either completed or proposed,resale S-3 registration statement (the "S-3 Registration Statement") registering the typeresale of audit opinion that might be rendered on our financial statements, and neither a written report nor oral advice was provided to us that Deloitte concluded was an important factor considered by us in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any other matter that was the subject of a disagreement or a reportable event (each as defined above).

The following is a summary of fees paid or to be paid to Deloitte, for services rendered.

Audit Fees. Audit fees consist of fees billed for professional services rendered for the auditthen remaining shares of our year-end financial statementsClass A common stock and services that are normally providedcertain other equity securities of the Company held by Deloitte in connection with regulatory filings.the RRA Parties. The aggregate fees
PROXY STATEMENT50

Proposal No. 2 - Ratification of Appointment of Independent Registered Public Accounting Firm
billedS-3 Registration Statement was declared effective by Deloitte for professional services rendered for the audit of our annual financial statements, and other required filings with the SEC foron November 28, 2022. The S-3 Registration Statement effectively replaced the year ended December 31, 2021 and 2020 totaled $6,486,950 and $2,175,950, respectively. The above amounts include interim procedures and audit fees,Resale S-1 as well as attendance at Audit Committee meetings.

Audit-Related Fees. Audit-related services consist of fees billed for assurance and related services that are reasonably related to performance of the audit or review of our financial statements and are not reported under “Audit Fees.” These services include attest services that are not required by statute or regulation and consultations concerning financial accounting and reporting standards. The aggregate fees billed by Deloitte for audit-related professional fees for the year ended December 31, 2021 were $375,000. We did not pay Deloitte audit related fees for the year ended December 31, 2020.

Tax Fees. Deloitte fees for tax planning and tax advisory services for the year ended December 31, 2021 were $2,551,468. We did not pay Deloitte for tax related services in the year ended December 31, 2020.

All Other Fees.We did not pay Deloitte for other services for the years ended December 31, 2021 or 2020.

Representatives of Deloitte are expected to attend the Annual Meeting, will have an opportunity to make a statement if they desire to do so and are expected to be available to respond to appropriate questions.

Pre-Approval Policy
Our Audit Committee was formed upon the consummation of our Business Combination. As a result, the Audit Committee did not pre-approve all of the foregoing services, although any services rendered prior to the formation of our Audit Committee were approved by our Board of Directors. Since the formation of our Audit Committee, and on a going-forward basis, the Audit Committee has and will pre-approve all auditing services and permitted non-audit services to be performed for us by our auditors, including the fees and terms thereof (subject to the de minimis exceptions for non-audit services described in the Exchange Act which are approved by the Audit Committee prior to the completion of the audit).


The Board recommends a vote "FOR" the ratification of the appointment of Deloitte & Touche, LLP as our independent registered public accounting firm for the fiscal year ending December 31,November 28, 2022.
PROXY STATEMENT5186

Audit Committee ReportCertain Relationships and Related Party Transactions workiva_angle.jpg
AUDIT COMMITTEE REPORTFounder Shares
WithIn connection with the formation of GSAH, the Company’s predecessor, the GS Sponsor II LLC (the “Sponsor”) acquired certain shares of Class A common stock referred to herein as “founder shares.” As of December 31, 2022, the Sponsor and certain of its affiliates hold 18,750,000 founder shares. Pursuant to that certain Second Amended and Restated Sponsor Agreement, dated as of October 20, 2021, by and among us, the Sponsor and the other parties thereto, the founder shares are subject to vesting in three equal tranches, based on the volume-weighted average price of our Class A common stock being greater than or equal to $12.00, $14.00 and $16.00 (each, a “Founder Share Vesting Event”) per share for any 20 trading days in any 30 consecutive trading day period. Vesting of the founder shares will be accelerated upon certain sale events based on the per share price of our Class A common stock in such sale event. Holders of the founder shares are entitled to vote such founder shares and receive dividends and other distributions with respect to Mirion's financial reporting process,such founder shares prior to vesting, but such dividends and other distributions with respect to unvested founder shares will be set aside by the managementCompany and shall only be paid to the holders of the founder shares upon the vesting of such founder shares. The founder shares will be forfeited to the Company for no consideration if they fail to vest by October 20, 2026.
Profits Interests
On June 16, 2021 and in connection with the Business Combination, the Sponsor issued 3,200,000 membership interests to Thomas Logan, 700,000 membership interests to Brian Schopfer and 4,200,000 membership interests to Lawrence Kingsley (collectively, the “Profits Interests”). The Profits Interests are intended to be treated as profits interests for U.S. income tax purposes, pursuant to which Messrs. Logan, Schopfer and Kingsley (the “Award Holders”) will have an indirect interest in the founder shares held by the Sponsor. The Profits Interests are subject to service and performance vesting conditions as described in this section, including the occurrence of the Closing, and do not fully vest until all of the applicable conditions are satisfied. In addition, the Profits Interests are subject to certain forfeiture conditions.
Fifty percent (50%) of the Profits Interests granted to each of Messrs. Logan and Schopfer service vest on each of the second and third anniversaries of the Closing, and fifty percent (50%) of the Profits Interests granted to Mr. Kingsley service vest on each of the first and second anniversaries of the Closing. All of the Profits Interests immediately service vest upon a change in control of Mirion or any of their respective subsidiaries. If Messrs. Logan or Schopfer’s service (i) is responsibleterminated without “cause” or (ii) voluntarily ceases for establishing“good reason” or his service terminates due to death or disability, 1/3, 2/3 and maintaining internal controls and preparing Mirion's consolidated financial statements. Mirion's independent registered public accounting firm, Deloitte & Touche, LLP (“Deloitte”), is responsible for auditing these financial statements. It is the responsibility100% respectively of the Audit CommitteeProfits Interests will become service vested if the termination occurs before the respective first, second or third anniversaries of the Closing, and if Mr. Kingsley’s service terminates due to oversee these activities. The Audit Committee does not itself prepare financial statementsdeath or perform audits,disability, 1/3 and its members are not auditors100% of the Profits Interests will become service-vested if the termination occurs before the respective first or certifierssecond anniversary of Mirion's financial statements. We have relied,the Closing. If Messrs. Logan or Schopfer voluntarily ceases to provide services without independent verification, on management's representation thatgood reason after the financial statements have been preparedsecond anniversary of the Closing, an additional 12.5% of each such Award Holder’s Profits Interests will service-vest as of the termination date in respect of each full quarter the Award Holder provided services since the most recent service-vesting date. In addition, if a change in control of Mirion occurs within six months immediately following such termination of employment, then all of the outstanding Profits Interests will service-vest as of immediately prior to the change of control. If Mr. Kingsley voluntarily ceases to provide services after the first anniversary of the Closing, an additional 12.5% of Mr. Kingsley Profits Interests will service-vest as of the termination date in respect of each full quarter Mr. Kingsley provided services since the most recent service-vesting date.
Twenty-five (25%) and seventy-five (75%) of Profits Interests granted to each of Messrs. Logan and Schopfer become vested with integrity and objectivity and in conformity with US GAAP andrespect to the performance vesting condition on the representationsfirst trading day after the Closing for which the volume weighted average price of Deloitte included in its auditour Class A common stock is $14.00 or $16.00, respectively, for at least 20 of Mirion's consolidated financial statements.
We have reviewed and discussed30 consecutive trading days, if such date occurs on or before the audited consolidated financial statements for the fiscal year ended December 31, 2021 with Mirion's management and with Deloitte, including the resultsfifth anniversary of the independent registered public accounting firm's auditClosing, and seventy-five (75%) and twenty-five (25%) of Mirion's financial statements. We have also discussed with Deloitte all matters requiredProfits Interests granted to be discussed byMr. Kingsley performance-vest on the Standardsfirst trading day after the Closing for which the volume weighted average price of the Public Company Accounting Oversight Board ("PCAOB")our Class A common stock is $12.00 or $14.00, respectively, for communication with Audit Committees, under which Deloitte must provide us with additional information regarding the scope and resultsat least 20 of its audit of Mirion's consolidated financial statements.
We have also received and reviewed the written disclosures and the letter from Deloitte required by applicable requirements of the PCAOB regarding Deloitte's communications with the Audit Committee concerning independence, and have discussed with Deloitte its independence from Mirion, as well as any relationships that may impact Deloitte's objectivity and independence.
Based30 consecutive trading days, if such date occurs on our review of the matters noted above and our discussions with Mirion's management and independent registered public accountants, we recommended to the Board of Directors that the audited consolidated financial statements be included in Mirion's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, for filing with the Securities and Exchange Commission.

Steven W. Etzel (Chair)
Kenneth C. Bockhorst
Jody A. Markopoulos
or
PROXY STATEMENT5287

Certain Relationships and Related Party Transactions workiva_angle.jpg
before the fifth anniversary of the Closing. In addition, if a change in control of Mirion occurs at any time on or prior to the fifth anniversary of the Closing and the per share value received is at least equal to the specified price then the performance vesting conditions of the applicable Profits Interests will be deemed satisfied.
The Profits Interests granted to an Award Holder are forfeited entirely for no consideration if (i) the performance vesting conditions are not satisfied before October 20, 2026, (ii) the Award Holder’s services terminate for cause, (iii) Messrs. Logan or Schopfer voluntarily ceases to provide services without “good reason” prior to the second anniversary of the Closing or Mr. Kingsley voluntarily ceases to provide services prior to the first anniversary of the Closing, (iv) an Award Holder voluntarily ceases to provide services where grounds for a termination for cause exist, or (v) an Award Holder materially breaches a restrictive covenant agreement. In addition, 320,000, 70,000 and 420,000 of the Profits Interests issued to each of Messrs. Logan, Schopfer and Kingsley, respectively, are forfeited from the total number of Profits Interests granted to each Award Holder that fully vest (if any) if Mirion fails to implement a compliance work plan and remedy any such failures.
Private Placement Warrants
In connection with the completion of GSAH’s initial public offering, the Sponsor purchased an aggregate of 8,500,000 private placement warrants, each exercisable to purchase one share of the GSAH’s Class A common stock for $11.50 per share, at a price of $2.00 per private placement warrant, generating proceeds, before expenses, of $17,000,000. The private placement warrants (including the Class A common stock issuable upon exercise of the private placement warrants) are not redeemable by us so long as they are held by the Sponsor or its permitted transferees. Effective March 30, 2021, the Sponsor agreed not to transfer its private placement warrants.
T. Rowe Price Investment
On February 21, 2023, we entered into subscription agreements with certain funds and accounts advised by T. Rowe Price Investment Management, Inc. for the issuance and sale by us 17,142,857 shares of our Class A common stock). The shares were offered at the closing price of $8.75 per share on February 17, 2023. The Company received gross proceeds of approximately $150 million before deducting offering expenses. We used approximately $125 million of the proceeds to repay outstanding indebtedness and intend to use the remainder for general corporate purposes.
Director and Executive Officer Compensation
Please see “Director Compensation” and “Executive Compensation” for information regarding the compensation of Mirion’s directors and executive officers.
Employee Agreements
We have entered into employment agreements with some of our executive officers. For more information regarding these agreements, see “Employment Arrangements.”
Indemnification Agreements and Directors’ and Officers’ Liability Insurance
We have entered into indemnification agreements with our directors and executive officers. We are also party to an insurance policy that insures our directors and executive officers against certain liabilities.

PROXY STATEMENT88

Certain Relationships and Related Party Transactions workiva_angle.jpg
Related Party Transaction Policy
Our Board of Directors has adopted a written related party transaction policy that sets forth the following policies and procedures for the review and approval or ratification of related party transactions. A “related party transaction” is a transaction, arrangement or relationship in which the Company or any of its subsidiaries was, is, or will be a participant, the amount of which involved exceeds $120,000, and in which any related party had, has or will have a direct or indirect material interest. A “related party” means:
any director (which term includes any director nominee of the Company) or executive officer of the Company;
any immediate family member of any of the foregoing persons, which means a child, stepchild, parent, stepparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, sister-in-law or any person sharing the household (other than a tenant or employee);
any nominee for director and the immediate family members of such nominee; and
a 5% beneficial owner of the Company’s voting securities or any immediate family member of such owner.

We have policies and procedures designed to minimize potential conflicts of interest arising from any dealings it may have with its affiliates and to provide appropriate procedures for the disclosure of any real or potential conflicts of interest that may exist from time to time. Specifically, pursuant to its Audit Committee charter, the Audit Committee has the responsibility to review related party transactions.

PROXY STATEMENT89

Proposal No. 3 - Advisory Vote to Approve Compensation of Named Executive Officersworkiva_angle.jpg
PROPOSAL NO.workiva_section_proposal_3.jpg
PROXY STATEMENT90

Proposal No. 3
ADVISORY VOTE TO APPROVE COMPENSATION OF NAMED EXECUTIVE OFFICERS - Advisory Vote to Approve Compensation of Named Executive Officers workiva_angle.jpg
Proposal No. 3
Non-Binding Advisory Vote to Approve Compensation of Named Executive Officers
In accordance with the requirements of Section 14A of the Exchange Act and Exchange Act Rule 14a-21(a), we are including in this proxy statement a separate resolution to approve, in a non-binding, stockholder advisory vote, the compensation paid to our named executive officers as disclosed in “Executive Compensation”Executive Compensation above. This vote represents our firstis a non-binding, stockholder advisory vote on executive compensation (or say-on-pay vote) because, as of December 31, 2021, we are no longer an emerging growth company as defined in the Jumpstart Our Business Startups Act of 2012."say-on-pay vote").
The Board believes that our executive compensation programs align the interests of stockholders and executive officers by emphasizing variable, at-risk compensation through a combination of long-term equity incentives and annual cash incentives. We encourage you to read the disclosure under “CompensationCompensation Discussion and Analysis”Analysis to learn more about our executive compensation programs and policies.
While the results of the say-on-pay vote are non-binding and advisory in nature, our Board of Directors and Compensation Committee intend to consider the results of this vote in making future compensation decisions.
Our Board of Directors currently intends to conduct advisory votes on executive compensation every year subject to any input from our stockholders as a result of the advisory vote on the frequency of future say-on-pay votes in proposal 4. As a result,and our next advisory say-on-pay vote will take place at our annual meeting of stockholders in 2023.2024 Annual Meeting.
The language of the resolution is as follows:
"RESOLVED that the compensation paid to the Company’s named executive officers, as disclosed in this proxy statement for the fiscal year ended December 31, 2021, as discussed2023 Annual Meeting of Stockholders, pursuant to the compensation disclosure rules of the SEC, including the compensation discussionCompensation Discussion and analysis, the summary compensation table and the relatedAnalysis, compensation tables and related narrative in this proxy statement,discussion, is hereby APPROVED,approved on ana non-binding advisory basis."
In considering their vote, stockholders are encouraged to read the “CompensationCompensation Discussion and Analysis”Analysis, the accompanying compensation tables, and the related narrative disclosure included in this proxy statement.

VOTE REQUIRED
The affirmative vote of the holders of a majority of the votes cast at the Annual Meeting on this proposal, with shares of our Class A common stock and Class B common stock voting together as a single class, shall be required to approve this proposal. Abstentions and broker non-votes will have no effect on the outcome of the vote on this proposal.

The Board recommends a vote "FOR" the approval, on ana non-binding advisory basis, of the compensation of our named executive officers.



PROXY STATEMENT5391


Proposal No. 4 - Advisory VoteApprove Amendments to Approveour Amended and Restated Certificate of Incorporation to Limit the FrequencyLiability of Future Advisory Votes on Compensation of NEOsCertain Officers as Permitted by Recent Amendments to Delaware Law workiva_angle.jpg
PROPOSAL NO. 4
ADVISORY VOTE TO APPROVE THE FREQUENCY OF FUTURE ADVISORY VOTES ON COMPENSATION OF NAMED EXECUTIVE OFFICERS

In accordance with the requirements of Section 14A of the Exchange Act and the related rules of the SEC, we are submitting for stockholder consideration a separate resolution to determine, in a non-binding advisory vote, whether say-on-pay votes should occur every one, two or three years. This vote represents our first non-binding, stockholder advisory vote on the frequency of say-on-pay votes (a say-on-frequency vote) because, as of December 31, 2021, we are no longer an emerging growth company as defined in the Jumpstart Our Business Startups Act of 2012.
After careful consideration, our Board of Directors believes that a frequency of every year for the advisory vote on executive compensation is the optimal interval for conducting and responding to a say-on-pay vote.
While the results of the vote are non-binding and advisory in nature, the Board of Directors intends to carefully consider the results of this vote when considering the frequency of future advisory votes on executive compensation.

The Board recommends a vote "FOR" the approval, on an advisory basis, of holding future advisory say-on-pay vote on a frequency of every year.


workiva_section_proposal_4.jpg
PROXY STATEMENT5492


Proposal No. 4 - Approve Amendments to our Amended and Restated Certificate of Incorporation to Limit the Liability of Certain Officers as Permitted by Recent Amendments to Delaware Law workiva_angle.jpg
Proposal No. 4
Approve an Amendment to our Amended and Restated Certificate of Incorporation to Limit the Liability of Certain Officers as Permitted by Recent Amendments to Delaware Law
The State of Delaware, which is Mirion’s state of incorporation, recently enacted legislation, effective in August 2022, that enables Delaware corporations to limit the liability of certain officers in limited circumstances under Section 102(b)(7) of the Delaware General Corporation Law (“DGCL”). Amended DGCL Section 102(b)(7) only permits exculpation for direct claims brought by stockholders for breach of an officer’s fiduciary duty of care, including class actions, but does not eliminate officers’ monetary liability for breach of fiduciary duty claims brought by the corporation itself or for derivative claims brought by stockholders in the name of our company. Furthermore, the limitation on liability does not apply to breaches of the duty of loyalty, acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law, or any transaction in which the officer derived an improper personal benefit.
The Board has unanimously adopted a resolution to propose an amendment to Section 8.01 of our Amended and Restated Certificate of Incorporation, subject to stockholder approval, to provide for the elimination or limitation of monetary liability of specified executive officers of the Company for breach of the duty of care. Section 8.01 of our Amended and Restated Certificate of Incorporation currently provides for the Company to limit the monetary liability of directors to the fullest extent permitted by the DGCL and does not apply to officers.
If the stockholders approve this Proposal at the Annual Meeting, we will file an amendment to our Amended and Restated Certificate of Incorporation to provide that Section 8.01 would state in its entirety as follows:
"Section 8.01. Limited Liability. No director or officer of the Corporation shall be liable to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a director or officer, except for liability (i) for any breach of the director’s or officer’s duty of loyalty to the Corporation or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) of a director under Section 174 of the DGCL, (iv) for any transaction from which the director or officer derived an improper personal benefit, (v) of an officer in any action by or in the right of the Corporation. Solely for purposes of this Section 8.01, “officer” shall have the meaning provided in Section 102(b)(7) of the DGCL. Without limiting the effect of the preceding sentence, if the DGCL is hereafter amended to authorize the further elimination or limitation of the liability of a director, then the liability of a director of the Corporation shall be eliminated or limited to the fullest extent permitted by the DGCL, as so amended.”
PURPOSES AND POSSIBLE EFFECTS OF THE PROPOSED AMENDMENTS
The Board desires to amend its Amended and Restated Certificate of Incorporation to maintain provisions consistent with the governing statutes contained in the DGCL and believes that amending the Amended and Restated Certificate of Incorporation to add the authorized liability protection for certain officers, consistent
PROXY STATEMENT93

Proposal No. 4 - Approve Amendments to our Amended and Restated Certificate of Incorporation to Limit the Liability of Certain Officers as Permitted by Recent Amendments to Delaware Law workiva_angle.jpg
with the protection in the Amended and Restated Certificate of Incorporation currently afforded its directors, is important in order to continue to attract and retain experienced and qualified officers as it signals our Company's commitment to protect officers from claims when they are acting in good faith and with loyalty to the Company and its stockholders. The proposed amendments were recommended for adoption by the Board and by the Nominating and Corporate Governance Committee of the Board after a review of corporate governance standards and practices.
The Officer Exculpation Proposal would allow for the exculpation of certain officers only in connection with direct claims brought by stockholders, including class actions, but would not eliminate officers’ monetary liability for breach of fiduciary duty claims brought by the corporation itself or for derivative claims brought by stockholders in the name of our company. As is currently the case with directors under our Amended and Restated Certificate of Incorporation, the Officer Exculpation Proposal, if approved,would not limit the liability of officers for: any breach of the duty of loyalty to the corporation or its stockholders, any acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of the law, and any transaction from which the officer derived an improper personal benefit. The Board believes the nature of the role of directors and officers often requires them to make decisions on crucial matters. Frequently, directors and officers must make decisions in response to time-sensitive opportunities and challenges, which can create substantial risk of investigations, claims, actions, suits or proceedings seeking to impose liability on the basis of hindsight, especially in the current litigious environment and regardless of merit. Limiting concern about personal risk would strengthen both directors and officers' ability to exercise their business judgment in furtherance of stockholder interests. Our peers may adopt exculpation clauses that limit the personal liability of officers in their certificates of incorporation, and failing to adopt the Officer Exculpation Proposal could impact our recruitment and retention of exceptional officer candidates that conclude that the potential exposure to liabilities, costs of defense and other risks of proceedings exceeds the benefits of serving as an officer of Mirion.
For the reasons stated above, the Board determined that the Officer Exculpation Proposal is advisable and in the best interest of Mirion and its stockholders and authorized and approved the Officer Exculpation Proposal and directed that it be considered at the Annual Meeting. The Board believes the Officer Exculpation Proposal would better position Mirion to attract top officer candidates and retain our current officers and strengthen our officers' ability to exercise their business judgment in furtherance of the interests of the stockholders without the potential for distraction posed by the risk of personal liability. Additionally, it would align the protections for our officers with those protections currently afforded to our directors.
The Company is not subject to a claim or proceeding to which the Officer Exculpation Proposal would apply, and is not aware of any circumstances which would currently give rise to such a claim, and the Officer Exculpation Proposal is not being proposed in response to any specific resignation, threat of resignation or refusal to serve by any officer.
LANGUAGE OF PROPOSED AMENDMENTS
The proposed changes to Section 8.01 of our Amended and Restated Certificate of Incorporation, with deletions indicated by strike-outs and additions indicated by bold and underlining, are set forth in Appendix B to this Proxy Statement. This summary is qualified in its entirety by reference to Appendix B.
VOTE REQUIRED
Approval of the Officer Exculpation Proposal requires the affirmative vote of the holders of not less than 66 2/3% of the outstanding shares of our Class A and Class B common stock, voting together as a single class. The Company has also determined to condition approval of the proposal on the affirmative vote of (1) not less than a majority of the outstanding shares of our Class A common stock, voting as a separate class, and (2) not less than a majority of the outstanding shares of our Class B common stock, voting as a separate class (whether or not such separate class votes are required by law).
Abstentions and broker non-votes will have the same effect as votes "AGAINST" this Proposal.
PROXY STATEMENT94

Proposal No. 4 - Approve Amendments to our Amended and Restated Certificate of Incorporation to Limit the Liability of Certain Officers as Permitted by Recent Amendments to Delaware Law workiva_angle.jpg
TIMING AND EFFECT OF THE OFFICER EXCULPATION PROPOSAL
If the Officer Exculpation Proposal is approved by our stockholders, it will become effective immediately upon the effectiveness of filing of a a Certificate of Amendment to our Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware, which we expect to file promptly after the Annual Meeting. In accordance with the DGCL, the Board of Directors may elect to abandon the Officer Exculpation Proposal without further action by the stockholders at any time prior to the effectiveness of the filing of the Certificate of Amendment to our Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware, notwithstanding stockholder approval of the Officer Exculpation Proposal.
This Officer Exculpation Proposal is independent of stockholder approval of the Supermajority Sunset Date Proposal and all other proposals set forth in this proxy statement. If both the Officer Exculpation Proposal and the Supermajority Sunset Date Proposal are approved by the stockholders, then the Company intends to amend our Amended and Restated Certificate of Incorporation to reflect both amendments contemplated by both proposals as set forth in Appendix B and Appendix C. If only one of such proposals are approved by the stockholders at the Annual Meeting, but the other proposal is not, then we will only file only the amendments to our Amended and Restated Certificate of Incorporation that were approved by stockholders.
The Board recommends a vote "FOR" the approval of the Officer Exculpation Proposal.
PROXY STATEMENT95

Proposal No. 5 - Approve Amendments to our Amended and Restated Certificate of Incorporation
to Add A Sunset Date for the Supermajority Voting Provisions workiva_angle.jpg
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PROXY STATEMENT96

Proposal No. 5 - Approve Amendments to our Amended and Restated Certificate of Incorporation
to Add A Sunset Date for the Supermajority Voting Provisions workiva_angle.jpg
Proposal No. 5
Approve an Amendment to our Amended and Restated Certificate of Incorporation to Add A Sunset Date for the Supermajority Voting Provisions
The Board has unanimously adopted resolutions to amend our Amended and Restated Certificate of Incorporation, subject to stockholder approval, to add a sunset date of October 21, 2028 for the supermajority voting provisions contained in the Amended and Restated Certificate of Incorporation. These supermajority voting provisions in our Amended and Restated Certificate of Incorporation are summarized below:
Article 5 of our Amended and Restated Certificate of Incorporation provides that stockholders may adopt, amend or repeal the Bylaws only with the affirmative vote of the holders of not less than 66 2/3% of the voting power of all of our outstanding securities generally entitled to vote in the election of directors, voting together as a single class.
Article 11 of our Amended and Restated Certificate of Incorporation provides that stockholders may amend or repeal the provisions set forth in Section 4.03 (Common Stock), and Articles 5 (Bylaws), 6 (Board of Directors), 7 (Meetings of Stockholders), 8 (Indemnification), 9 (Corporate Opportunities), and Article 11 (Amendments; Miscellaneous; Certain Definitions) only with the affirmative vote of the holders of not less than 66 2/3% of the voting power of all of our outstanding securities generally entitled to vote in the election of directors, voting together as a single class.
As part of its continuing review of the elements of our corporate governance standards and practices and after receiving stockholder input, the Nominating and Corporate Governance Committee recommended to the Board to add a sunset date of October 21, 2028, the seventh anniversary of the closing of the Business Combination in which Mirion became a public company, for the supermajority voting provisions summarized above.
PURPOSES AND POSSIBLE EFFECTS OF THE PROPOSED AMENDMENTS
The Board recognizes that supermajority voting provisions are intended to protect against self-interested action by large stockholders by requiring broad stockholder support for certain types of transactions or governance changes. The Board notes that while it is important to protect against self-interested action by large stockholders, it is also important for the Company to be able to respond to stockholder corporate governance concerns and that corporate governance standards are evolving. After considering the relative benefits and downsides of supermajority voting provisions, the Board deemed it advisable to retain the provisions for the present but to provide certainty for stockholders when the supermajority voting provisions would no longer apply through the adoption of a sunset date.
If the Supermajority Sunset Date Proposal is approved, then following the sunset date:
the stockholders may adopt, amend or repeal the Bylaws only with the affirmative vote of the holders of not less a majority of the voting power of all of our outstanding securities generally entitled to vote thereon, voting together as a single class; and


PROXY STATEMENT97

Proposal No. 5 - Approve Amendments to our Amended and Restated Certificate of Incorporation
to Add A Sunset Date for the Supermajority Voting Provisions workiva_angle.jpg
the provisions set forth in Section 4.03 and Articles 5, 6, 7, 8, 9 and 11 may not be repealed or amended in any respect, and no other provision may be adopted, amended or repealed which would have the effect of modifying or permitting the circumvention of the provisions set forth therein, unless such action is approved by the affirmative vote of the holders of not less than a majority of the total voting power of all of our outstanding securities generally entitled to vote thereon, voting together as a single class.
The Board shall also continue to have the power to adopt, amend or repeal the Bylaws.
LANGUAGE OF PROPOSED AMENDMENTS
The proposed amendments to Article 5 and Section 11.01 of our Amended and Restated Certificate of Incorporation, with deletions indicated by strike-outs and additions indicated by bold and underlining, are set forth in Appendix C to this Proxy Statement. This summary is qualified in its entirety by reference to Appendix C.

VOTE REQUIRED
Approval of the Supermajority Sunset Date Proposal requires the affirmative vote of the holders of not less than 66 2/3% of the outstanding shares of our Class A and Class B common stock, voting together as a single class. The Company has also determined to condition approval of the proposal on the affirmative vote of (1) not less than a majority of the outstanding shares of our Class A common stock, voting as a separate class; and (2) not less than a majority of the outstanding shares of our Class B common stock, voting as a separate class (whether or not such separate class votes are required by law).
Abstentions and broker non-votes will have the same effect as votes “AGAINST” this Proposal.
TIMING AND EFFECT OF THE SUPERMAJORITY SUNSET DATE PROPOSAL
If the Supermajority Sunset Date Proposal is approved by our stockholders, it will become effective immediately upon the effectiveness of the filing of a Certificate of Amendment to our Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware, which we expect to file promptly after the Annual Meeting. In accordance with the DGCL, the Board of Directors may elect to abandon the Supermajority Sunset Date Proposal without further action by the stockholders at any time prior to the effectiveness of the filing of the Certificate of Amendment to the Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware, notwithstanding stockholder approval of the Supermajority Sunset Date Proposal.
This Supermajority Sunset Date Proposal is independent of stockholder approval of the Officer Exculpation Proposal and all other proposals set forth in this proxy statement. If both the Supermajority Sunset Date Proposal and Officer Exculpation Proposal are approved by the stockholders, then the Company intends to amend our Amended and Restated Certificate of Incorporation to reflect both amendments contemplated by both proposals as set forth in Appendix B and Appendix C. If only one of such proposals are approved by the stockholders at the Annual Meeting but the other proposal is not, then we will only file only the amendments to our Amended and Restated Certificate of Incorporation that were approved by stockholders.
The Board recommends a vote "FOR" the approval of the Supermajority Sunset Date
Proposal.
PROXY STATEMENT98

Additional Information workiva_angle.jpg
Additional Information
ADDITIONAL INFORMATION
LIST OF STOCKHOLDERS OF RECORDList of Stockholders of Record
In accordance with Delaware law, a list of the names of our stockholders of record entitled to vote at the Annual Meeting will be available for 10 days prior to the Annual Meeting for any purpose germane to the meeting, between the hours of 8:30 a.m. and 4:30 p.m. local time at our principal executive offices at 1218 Menlo Drive, Atlanta, GA 30318 or at www.proxyvote.com.
PROXY STATEMENT55

Other Business
OTHER BUSINESS
Our Board does not know of any other matters to be presented at the Annual Meeting. If any additional matters are properly presented at the Annual Meeting, the persons named in the proxy card will have discretion to vote the shares represented by proxy in accordance with their own judgment on such matters.
It is important that your shares be represented at the Annual Meeting, regardless of the number of shares that you hold. We urge you to vote by telephone, by Internet or by executing and returning the proxy card at your earliest convenience.
PROXY STATEMENT5699

Appendix A - Non-GAAP Financial Measures Reconciliation workiva_angle.jpg
APPENDIX A
Non-GAAP Financial Measures Reconciliation
In addition to our results determined in accordance with GAAP, we believe the following non-GAAP measures are useful in evaluating our operating performance. We use the following non-GAAP financial information to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Other companies, including companies in our industry, may calculate similarly titled non-GAAP measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison.

Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures and not rely on any single financial measure to evaluate our business.

Adjusted Revenues is defined as GAAP revenues adjusted to remove the impact of purchase accounting on the recognition of deferred revenue.

Adjusted EBITDA
Adjusted EBITDA is defined as net income before interest expense, income tax expense, depreciation and amortization adjusted to remove the impact of foreign currency gains and losses, amortization of acquired intangible assets, the impact of purchase accounting on the recognition of deferred revenue, changes in the fair value of warrants, certain non-operating expenses (certain purchase accounting impacts related to revenues and inventory, restructuring and costs to achieve operational synergies, merger and acquisition expenses and IT project implementation expenses), stock-based compensation expense, debt extinguishment and income tax impacts of these adjustments.


PROXY STATEMENT100


Appendix A - Non-GAAP Financial Measures Reconciliation workiva_angle.jpg

Consolidated - Reconciliation of Adjusted EBITDA
SuccessorPredecessor
(In millions)Year Ended
December 31, 2022
Year Ended
June 30, 2021
Net loss (GAAP)$(288.4)$(158.4)
Interest expense, net41.9 163.2 
Income tax (benefit) provision(18.2)(5.9)
Amortization145.8 62.8 
Depreciation - Mirion Business Combination step-up6.4 — 
Depreciation - all other22.3 20.8 
Stock-based compensation expense31.8 — 
Decrease in fair value of warrant liabilities(37.6)— 
Goodwill impairment211.8 — 
Other impairments7.0 — 
Debt extinguishment— — 
Foreign currency loss (gain), net4.9 13.4 
Revenue reduction from purchase accounting— 8.0 
Cost of revenues impact from inventory valuation purchase accounting6.3 5.2 
Non-operating expenses30.7 43.1 
Reported Adjusted EBITDA (Non-GAAP)164.7 $152.2 
Adjustments to remove impacts of current year acquisitions and setting foreign exchange impacts at the targeted exchange rates1.8 
Adjusted EBITDA for Compensation (Non-GAAP)$166.5 















PROXY STATEMENT57101


Appendix B - Amendments to Amended and Restated Certificate of Incorporation for Proposal No. 4 workiva_angle.jpg
Consolidated - Reconciliation of Segment Adjusted Revenue & Adjusted EBITDA
abcd = b - ce = a + d
SuccessorPredecessorCombined (non-GAAP)PredecessorCombined (non-GAAP)Predecessor
$ in millionsOct 20, 2021 through Dec 31, 2021Jul 1, 2021 through Oct 19, 2021Jul 1, 2021 through Sep 30, 202120 Days for Q4 2021Q4 2021Q3 2021Q2 2021Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020CY 2021CY 2020
Revenue$154.1 $168.0 $144.3 $23.7 $177.8 $144.3 $180.0 $166.2 $150.8 $114.6 $141.2 $109.8 $668.3 $516.4 
Revenue reduction from purchase accounting2.3 4.5 3.7 0.8 3.1 3.7 3.7 4.3 — — 0.2 — 14.8 0.2 
Adjusted Revenue$156.4 $172.5 $148.0 $24.5 $180.9 $148.0 $183.7 $170.5 $150.8 $114.6 $141.4 $109.8 $683.1 $516.6 
Net Income (Loss)$(23.0)$(105.7)$(46.7)$(59.0)
n.m.1
$(46.7)$(27.4)$(71.4)$(19.2)$(40.4)$(24.5)$(36.4)n.m.$(120.5)
Interest expense, net6.2 52.8 43.8 9.0 n.m.43.8 43.7 43.0 38.5 38.0 38.7 39.2 n.m.154.4 
Income tax (benefit) provision(6.8)(5.6)(4.7)(0.9)n.m.(4.7)(12.1)23.6 (16.4)(1.0)(0.7)2.4 n.m.(15.7)
Amortization32.0 19.7 16.1 3.6 n.m.16.1 18.5 18.6 13.5 12.2 12.4 12.7 n.m.50.8 
Depreciation5.3 6.2 5.1 1.1 n.m.5.1 6.9 5.0 4.6 4.3 4.5 4.2 n.m.17.6 
Change in fair value of warrant liabilities(1.2)— — n.m.— — — — — — — n.m.— 
Debt extinguishment— 15.9 — 15.9 n.m.— — — — — — — n.m.— 
Foreign currency (gain) loss, net1.6 (0.6)(1.4)0.8 n.m.(1.4)1.1 (4.0)8.2 8.1 3.4 (2.0)n.m.17.7 
Revenue reduction from purchase accounting2.3 4.5 3.7 0.8 n.m.3.7 3.7 4.3 — — 0.2 — n.m.0.2 
Stock compensation5.3 9.3 — 9.3 n.m.— — (0.1)0.1 — — 0.1 n.m.0.2 
Cost of revenue impact from purchase accounting15.8 — — — n.m.— — 4.7 0.5 — 0.5 0.5 n.m.1.5 
Non-operating expenses7.0 34.7 15.0 19.7 n.m.15.0 15.6 16.1 8.5 2.9 6.4 4.3 n.m.22.1 
Adjusted EBITDA$44.5 $31.2 $30.9 $0.3 $44.8 $30.9 $50.0 $39.8 $38.3 $24.1 $40.9 $25.0 $165.4 $128.3 
APPENDIX B

1 Note that n.m. standsAmendments to Amended and Restated Certificate of Incorporation for Proposal No. 4

ARTICLE 8
INDEMNIFICATION
Section 8.01. Limited Liability.ANo director or officer of the Corporation shall not be liable to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a director to the fullest extent permitted byor officer, except for liability (i) for any breach of the director’s or officer’s duty of loyalty to the Corporation or its stockholders, (ii) for acts or omissions not meaningful.in good faith or which involve intentional misconduct or a knowing violation of law, (iii) of a director under Section 174 of the Delaware General Corporation Law, or (iv) for any transaction from which the director or officer derived an improper personal benefit, or (iv) of an officer in any action by or in the right of the Corporation. Solely for purposes of this Section 8.01, “officer” shall have the meaning provided in Section 102(b)(7) of the DGCL. Without limiting the effect of the preceding sentence, if the DGCL is hereafter amended to authorize the further elimination or limitation of the liability of a director, then the liability of a director of the Corporation shall be eliminated or limited to the fullest extent permitted by the DGCL, as so amended.






PROXY STATEMENT58102


Appendix C - Amendments to Amended and Restated Certificate of Incorporation for Proposal No. 5 workiva_angle.jpg
a2022_coversx2xbacka.jpgAPPENDIX C
Amendments to Amended and Restated Certificate of Incorporation for Proposal No. 5
ARTICLE 5
BYLAWS
The Board of Directors shall have the power to adopt, amend or repeal the bylaws of the Corporation (the “Bylaws”). ThePrior to the Sunset Time (as defined below), the stockholders may adopt, amend or repeal the Bylaws only with the affirmative vote of the holders of not less than 66 2/3% of the voting power of all outstanding securities of the Corporation generally entitled to vote thereon, voting together as a single class. At or following the Sunset Time, the stockholders may adopt, amend or repeal the Bylaws only with the affirmative vote of the holders of not less than 66 2/3%a majority of the voting power of all outstanding securities of the Corporation generally entitled to vote thereon, voting together as a single class. For purposes of this Certificate of Incorporation, the term “Sunset Time” shall mean 12:01 a.m., Eastern Time, on October 21, 2028.

ARTICLE 11
AMENDMENTS; MISCELLANEOUS; CERTAIN DEFINITIONS
Section 11.01. Amendments. The Corporation reserves the right to amend this Certificate of Incorporation in any manner permitted by the DGCL and all rights and powers conferred upon stockholders, directors and officers herein are granted subject to this reservation.
Notwithstanding the foregoing, the provisions set forth in Section 4.03 and Articles 5, 6, 7, 8, 9 and this Article 11 (and any defined terms referenced therein) may not be repealed or amended in any respect, and no other provision may be adopted, amended or repealed which would have the effect of modifying or permitting the circumvention of the provisions set forth therein, unless such action is approved (a) prior to the Sunset Time, by the affirmative vote of the holders of not less than 66 2/3% of the total voting power of all outstanding securities of the Corporation generally entitled to vote in the election of directorsthereon, voting together as a single class, and (b) at or following the Sunset Time, by the affirmative vote of the holders of not less than a majority of the total voting power of all outstanding securities of the Corporation generally entitled to vote thereon, voting together as a single class.



PROXY STATEMENT103


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