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W W W. M A I N E B I Z . B I Z 81 BO O K O F L I S T S 2 0 21 S A L A R I E S 1 Total annual compensation includes salary, bonus, stock and option awards, non-equity incentive plan compensation, change in pension value and nonqualified deferred compensation earn- ings, where applicable. 2 Effective for 2018 filings, and pursuant to Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(u) of Regulation S-K, companies are required to disclose the pay ratio of the CEO to median employee. 3 All other annual compensation includes items such as relocation expenses, car allowances, life insurance, matched 401(k) plans and other retirement plans.This list was compiled by Timo- thy Doyle and published in the August 10th, 2020 issue of Mainebiz. N O T E S : According to the U.S. Securities & Exchange Commission, public companies must report compensation paid to their CEO and four other highest-paid officers. Generally, compa- nies are not required to report salaries of employees earning less than $100,000 per year. Some executives may no longer be in the same position or at the company. Former company executives receiving notable compensation in 2019 include Jonathan Ayers of IDEXX Laboratories Inc. ($8,188,764), Benjamin Shaw (4,772,129), Christine Komola ($3,698,155), and Matthew Leonard ($5,358,143) all of Covetrus Inc. S O U R C E : U.S. Securities & Exchange Commission company proxy statements (14A), annual reports and company websites 556-0300 , idexx.com 11 Robert Deshales , president, health WEX Inc. 225 Gorham Road , South Portland 04106 773-8171 , wexinc.com $1,619,825 102:1 $63,763 $412,535 $775,618 $18,141 $1,723.7 Payment solutions 12 Michael J. Lane , EVP & GM, reference labs & IT IDEXX Laboratories Inc. 1 IDEXX Drive , Westbrook 04092 556-0300 , idexx.com $1,473,880 139:1 $55,106 $404,885 $749,862 $22,493 $2,406.9 Biotechnology 13 Curtis C. Simard , president & CEO Bar Harbor Bankshares 82 Main St. , Bar Harbor 04609 288-3314 , bhbt.com $1,336,173 22:1 $43,083 $635,000 $417,498 $30,287 $164.5 Financial services 14 Dustin Finer , chief administration officer Covetrus Inc. 7 Custom House St. , Portland 04101 888-280-2221 , covetrus.com $1,210,729 N/A $124,315 $1,000,000 $25,002 $3,976.0 Animal-health technology 15 Georgina Wraight , EVP & president, global technology solutions Covetrus Inc. 7 Custom House St. , Portland 04101 888-280-2221 , covetrus.com $1,188,802 N/A $378,494 $600,002 $25,088 $3,976.0 Animal-health technology 1 Total annual compensation includes salary, bonus, stock and option awards, non-equity incentive plan compensation, change in pension value and nonqualified deferred compensation earnings, where applicable. 2 Effective for 2018 filings, and pursuant to Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(u) of Regulation S-K, companies are required to disclose the pay ratio of the CEO to median employee. 3 All other annual compensation includes items such as relocation expenses, car allowances, life insurance, matched 401(k) plans and other retirement plans. NOTES: According to the U.S. Securities & Exchange Commission, public companies must report compensation paid to their CEO and four other highest-paid officers. Generally, companies are not required to report salaries of employees earning less than $100,000 per year. Some executives may no longer be in the same position or at the company. Former company executives receiving notable compensation in 2019 include Jonathan Ayers of IDEXX Laboratories Inc. ($8,188,764), Benjamin Shaw (4,772,129), Christine Komola ($3,698,155), and Matthew Leonard ($5,358,143) all of Covetrus Inc. This list was compiled by Timothy Doyle and published in the August 10th, 2020 issue of Mainebiz. SOURCE: U.S. Securities & Exchange Commission company proxy statements (14A), annual reports and company websites Maine's highest-paid public company executives Ranked by total annual compensation, 2019 Total annual compensation 1 CEO pay ratio/ 2 median employee Salary Stock awards All other annual compensation 3 Organization's revenue (in millions) Industry 1 Jonathan J. Mazelsky , president & CEO IDEXX Laboratories Inc. 1 IDEXX Drive , Westbrook 04092 556-0300 , idexx.com $7,419,335 139:1 $55,106 $631,561 $5,799,287 $25,965 $2,406.9 Biotechnology 2 Melissa Smith , chair & CEO WEX Inc. 225 Gorham Road , South Portland 04106 773-8171 , wexinc.com $6,482,394 102:1 $63,763 $763,269 $4,600,238 $77,170 $1,723.7 Payment solutions 3 Brian P. McKeon , EVP, CFO & treasurer IDEXX Laboratories Inc. 1 IDEXX Drive , Westbrook 04092 556-0300 , idexx.com $3,940,306 139:1 $55,106 $588,933 $2,799,612 $18,736 $2,406.9 Biotechnology 4 Benjamin Wolin , president & CEO Covetrus Inc. 7 Custom House St. , Portland 04101 888-280-2221 , covetrus.com $3,690,212 N/A $164,712 $3,500,000 $25,500 $3,976.0 Animal-health technology 5 Kathy V. Turner , corporate VP & chief marketing officer IDEXX Laboratories Inc. 1 IDEXX Drive , Westbrook 04092 556-0300 , idexx.com $2,696,822 139:1 $55,106 $409,692 $749,862 $1,240,628 $2,406.9 Biotechnology 6 Gregory A. Dufour , president & CEO Camden National Corp. 2 Elm St. , Camden 04843 236-8821 , camdennational.com $2,664,199 55:1 $48,334 $615,750 $339,720 $51,385 $169.7 Financial services 7 Roberto Simon , CFO WEX Inc. 225 Gorham Road , South Portland 04106 773-8171 , wexinc.com $2,430,770 102:1 $63,673 $500,000 $1,500,176 $40,258 $1,723.7 Payment solutions 8 Scott Phillips , president, global fleet WEX Inc. 225 Gorham Road , South Portland 04106 773-8171 , wexinc.com $2,283,963 102:1 $63,763 $475,000 $1,400,349 $38,978 $1,723.7 Payment solutions 9 Joel Dearborn , president, corporate payments WEX Inc. 225 Gorham Road , South Portland 04106 773-8171 , wexinc.com $1,998,490 102:1 $63,763 $380,769 $1,300,152 $33,825 $1,723.7 Payment solutions 10 Sharon E. Underberg , corporate VP, general counsel & corporate secretary IDEXX Laboratories Inc. 1 IDEXX Drive , Westbrook 04092 556-0300 , idexx.com $1,809,228 139:1 $55,106 $359,616 $999,806 $65,466 $2,406.9 Biotechnology 11 Robert Deshales , president, health WEX Inc. 225 Gorham Road , South Portland 04106 773-8171 , wexinc.com $1,619,825 102:1 $63,763 $412,535 $775,618 $18,141 $1,723.7 Payment solutions 12 Michael J. Lane , EVP & GM, reference labs & IT IDEXX Laboratories Inc. 1 IDEXX Drive , Westbrook 04092 556-0300 , idexx.com $1,473,880 139:1 $55,106 $404,885 $749,862 $22,493 $2,406.9 Biotechnology 13 Curtis C. Simard , president & CEO Bar Harbor Bankshares 82 Main St. , Bar Harbor 04609 288-3314 , bhbt.com $1,336,173 22:1 $43,083 $635,000 $417,498 $30,287 $164.5 Financial services 14 Dustin Finer , chief administration officer Covetrus Inc. 7 Custom House St. , Portland 04101 888-280-2221 , covetrus.com $1,210,729 N/A $124,315 $1,000,000 $25,002 $3,976.0 Animal-health technology 15 Georgina Wraight , EVP & president, global $1,188,802 N/A $378,494 $600,002 $25,088 $3,976.0 Animal-health Kennebec Savings Bank was established in 1870 to help every member of our community save, thrive and grow. Serving the Maine banking community for over 150 years. Visit www.KennebecSavings.Bank to view a complete list of our residential and commercial products.

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