Owens Corning

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ITEM 5. OTHER INFORMATION

10b5-1 Plans

On August 20, 2024, José Méndez-Andino, the Company's Executive Vice President, Chief Research and Development Officer, entered into a written plan for the sale of up to 5,196 shares of Company common stock, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. This plan is scheduled to terminate no later than August 8, 2025.

On September 13, 2024, Gunner Smith, the Company's President, Roofing, entered into a written plan for the sale of up to 17,450 shares of Company common stock, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. This plan is scheduled to terminate no later than September 5, 2025.

Director Indemnification Agreement

On November 1, 2024, the Company entered into a new form of indemnification agreement (the “Indemnification Agreement”) with each of its directors (each, an “Indemnitee”). The Indemnification Agreement replaced the Company’s existing form of indemnification agreement for directors.

In general, the Indemnification Agreement provides that, subject to the procedures, limitations and exceptions set forth therein, the Company will indemnify the Indemnitee against any and all expenses, judgments, fines, penalties and amounts paid in settlement of any threatened, pending or completed action, suit or proceeding, or any inquiry or investigation, for any event or occurrence related to the fact that the Indemnitee is or was a director, officer, employee, agent or fiduciary of the Company, or is or was serving at the request of the Company as a director, officer, employee, trustee, agent or fiduciary of another corporation, partnership, joint venture, employee benefit plan, trust or other enterprise, or by reason of anything done or not done by the Indemnitee in any such capacity. The Indemnitee will have the right to advancement by the Company of expenses. To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, Indemnitee will be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any Company director or officer.

The above description of the Indemnification Agreement does not purport to be complete and is qualified in its entirety by reference to the form of the Indemnification Agreement, which is filed with this Quarterly Report on Form 10-Q as Exhibit 10.1 and is incorporated herein by reference.