BRADY CORP

The following table summarizes grants of plan-based awards made during fiscal 2026 to the NEOs.

(1)At its July 2025 meeting, the Committee approved the values of the annual cash incentive award threshold, target and maximums under the Company’s annual cash incentive plan. The structure of the plan is described in the Compensation Discussion and Analysis above and was set prior to the beginning of the fiscal year.

(2)This award represents PRSUs granted August 1, 2025, as part of the annual fiscal 2026 equity grant. These PRSUs have a three-year performance period with the number of shares issued at vesting determined by the Company’s achievement of revenue and diluted EPS growth goals over the three-year performance period. Payout opportunities will range from 0% to 200% of the target award. Target payout is set at 100% of award value, with threshold and maximum payouts set at 25% and 200% of target award value, respectively.

(3)The RSU awards vest equally over three years, unless otherwise noted.

(4)Pursuant to his offer letter, Mr. Nargolwala will participate in the Company’s annual cash incentive plan in fiscal 2026, with a targeted annual incentive opportunity of 125% of base salary. This amount represents the full-year incentive target. For fiscal 2026, his actual opportunity will be pro-rated based on his eligible earnings following his June 8, 2026 appointment date.

(5)This award represents unrestricted shares earned for Mr. Nargolwala’s service as a non-employee Director.

(6)Pursuant to his offer letter, Mr. Nargolwala was eligible to purchase shares of the Company’s Class A common stock, subject to compliance with federal securities laws and the Company’s Insider Trading Policy. Upon such purchase, the Company would grant him, as soon as practicable, an RSU award equal to two times the total purchase price, up to an aggregate maximum grant value of $2,000,000. Mr. Nargolwala purchased $1,000,000 worth of shares on June 10, 2026 and was awarded 25,684 RSUs effective the same day. The RSUs vest equally over two years.

(7)Effective June 8, 2026, Mr. Bojarski was awarded 15,506 RSUs for retention purposes. The RSUs vest in increments of 25% upon the second and third anniversaries of the grant date. The remaining units vest on June 8, 2030.

(8)Effective June 8, 2026, Mr. Shaller retired as President and Chief Executive Officer of the Company. As part of the written agreement entered into with Mr. Shaller, he will be entitled to retain all of his outstanding PRSUs and will vest in such awards to the extent the performance goals in effect for such awards are achieved, with vesting to be provided on a full, unadjusted basis. This award represents the unmodified portion of his PRSU award granted on August 1, 2025.

(9)Effective June 8, 2026, Mr. Shaller retired as President and Chief Executive Officer of the Company. As part of the written agreement entered into with Mr. Shaller, he will be entitled to retain all of his outstanding PRSUs and will vest in such awards to the extent the performance goals in effect for such awards are achieved, with vesting to be provided on a full, unadjusted basis. The incremental fair value related to the modified portion of his PRSU awards granted on August 1, 2024 and August 1, 2025 are reported in this table.