Board Justification

Our executive compensation program is guided by our overarching philosophy of paying for demonstrable performance. Consistent with this philosophy, we have designed our executive compensation program to achieve the following primary objectives: •provide compensation and benefit levels that will attract, retain, and reward a highly talented team of executive officers while managing costs responsibly; •provide incentives that motivate and reward achievement of our key financial and operational results and strategic objectives that enhance stockholder value over the long term; •establish a direct link between our financial and operational results and strategic objectives and the compensation of our executive officers; and •align the interests and objectives of our executive officers with those of our stockholders.

Board Justification

The Compensation Committee established target levels for the annual cash bonus program for fiscal year 2025 based on two financial performance metrics, net revenue and Adjusted EBITDA, and one strategic performance metric, active clients. The Compensation Committee weighted each of net revenue and Adjusted EBITDA at 40% of each of our executive officers’ and other members of management’s target annual cash bonus opportunity and weighted Active Clients as 20% of each of our executive officers’ and other members of management’s target annual cash bonus opportunity.

Board Justification

The amounts in this column represent a 401(k) Company matching contribution to the Company's 401(k) Plan available to all employees.

Board Justification

N/A