December 10, 2024

Dear Laura Russell,

We are pleased to confirm Rogers’ offer for the position of Senior Vice President, Chief Financial Officer & Treasurer (subject to the conditions described below). Rogers does not enter employment contracts, and your employment is “at will.” Below is a general description of the terms we expect to apply to your employment, which may be changed or modified by Rogers at any time. The compensation package described below supersedes any prior discussions, written or oral, related to your compensation package with Rogers.

This position is effective on December 10, 2024 (the “appointment date”).

The compensation package for this position is as follows and is subject to the usual payroll deductions such as income tax and Social Security:

•Your starting salary will be $475,000 USD per year, which is paid at a bi-weekly rate of $18,269.24 USD. This is an exempt position, which means that your salary is intended to compensate you for all hours worked, and you will not be eligible to receive overtime pay.

•You are eligible for an award under the Annual Incentive Compensation Plan (AICP) with a target of 75% of your base salary, except that AICP for 2024 will be comprised of three portions:

◦From January 1, 2024, through August 11, 2024, your target award is 40% of your prorated annual base salary of $328,000 under the company AICP metrics.

◦From August 12, 2024, through December 9, 2024, your target award is 55% of your prorated annual base salary of $400,000 under the executive AICP metrics.

◦From December 10, 2024, through December 31, 2024, your target award is 75% of your prorated annual base salary of $475,000 under the executive AICP metrics.

Depending on actual performance against predetermined company performance metrics, your actual AICP award payout can be as high as 200% of your target incentive. Awards are subject to the terms of the AICP and approval by the Compensation and Organization Committee (the “Committee”).

•You will receive an Initial CFO Equity Incentive Award, valued at $300,000, of time-based restricted stock units, effective on the appointment date.

•Beginning in 2025, you will be eligible for an annual long-term incentive grant with a target of 230% of your base salary, currently valued at approximately $1,092,500 USD, less the value of the Initial CFO Equity Incentive Award for purposes of the 2025 grant. The number of units to be awarded, the breakdown between time-based and performance based restricted stock units and the terms and conditions of the awards shall be determined by the Committee in its discretion.

You will be eligible for the retirement, health and other benefit programs provided to executives of Rogers, subject to the right of Rogers to amend or terminate such programs in accordance with their terms. You will also be eligible to participate in the Rogers Corporation Severance Plan. For the avoidance of doubt, the Company reserves the right to modify these benefits to conform to any severance plan covering executives.

As mentioned above, your employment is “at will,” meaning that either you or Rogers may terminate your employment at any time and for any reason, with or without cause or notice, regardless of any representations that may have been made to you. This offer letter does not establish a contractual employment relationship. It is Rogers’ policy not to enter into employment contracts.

I look forward to continuing to work together.

Sincerely,

Colin Gouveia

President and Chief Executive Officer

/s/ Laura Russell

December 10, 2024

Offer Accepted by Laura Russell

Date

                        

Michael Webb

Sr. Vice President & CAO

Chandler, Arizona, December 10, 2024: Rogers Corporation (NYSE: ROG) (“Rogers”) announced today that Laura Russell has been appointed to serve as the Company’s new Senior Vice President, Chief Financial Officer and Treasurer effective December 10.

“Since taking over as interim CFO in August, Laura has proven to be an invaluable addition to Rogers’ senior executive team,” said Colin Gouveia, Rogers' President and CEO. “She has demonstrated outstanding leadership of critical finance functions and has already made significant contributions. Laura brings extensive business and financial expertise from leading companies, which will be a tremendous asset to Rogers as we continue to execute our strategic objectives.”

Ms. Russell, age 49, joined Rogers in September 2023 as Vice President of Finance and served in that capacity until her appointment as interim CFO in August 2024. Prior to joining the Company, from July 2021 to September 2023, Ms. Russell served as the Vice President of Finance, Operations for Wolfspeed. From December 2015 to July 2021, Ms. Russell was the Vice President of Finance for the Radio Products business of NXP Semiconductors (“NXP”). Prior to NXP, from 1997 to December 2015, Ms. Russell served in multiple roles with Motorola and Freescale Semiconductors (later acquired by NXP). Ms. Russell earned her BA in Business Economics from the University of the West of Scotland and is a member of the Chartered Institute of Management Accountants.

Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power, protect and connect our world. Rogers delivers innovative solutions to help our customers solve their toughest material challenges. Rogers’ advanced electronic and elastomeric materials are used in applications for EV/HEV, automotive safety and radar systems, mobile devices, renewable energy, wireless infrastructure, energy-efficient motor drives, industrial equipment and more. Headquartered in Chandler, Arizona, Rogers operates manufacturing facilities in the United States, Asia and Europe, with sales offices worldwide. For more information, visit www.rogerscorp.com.

Statements included in this release that are not a description of historical facts are forward-looking statements. Words or phrases such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “seek,” “plan,” “expect,” “should,” “would” or similar expressions are intended to identify forward-looking statements, and are based on Rogers’ current beliefs and expectations. This release contains forward-looking statements regarding our plans, objectives, outlook, goals, strategies, future events, future net sales or performance, capital expenditures, future restructuring, plans or intentions relating to expansions, business trends and other information that is not historical information. All forward-looking statements are based upon information available to us on the date of this release and are subject to risks, uncertainties and other factors, many of which are outside of our control, which could cause actual results to differ materially from those indicated by the forward-looking statements. For additional information about the risks, uncertainties and other factors that may affect our business, please see our most recent annual report on Form 10-K and any subsequent reports filed with the Securities and Exchange Commission, including quarterly reports on Form 10-Q. Rogers Corporation assumes no responsibility to update any forward-looking statements contained herein except as required by law.

Amy Kweder

Senior Director, Corporate Communications

Phone: 480.203.0058

Email: amy.kweder@rogerscorporation.com

Investor Contact:

Steve Haymore

Senior Director, Investor Relations

Phone: 480.917.6026

Email: stephen.haymore@rogerscorporation.com