Board Justification

In setting policies and practices regarding compensation, the guiding philosophy of the Compensation Committee is that our compensation programs should: Help achieve our corporate growth and business strategy Compensate our executives based on both company and individual performance Enable Intuit to hire, retain and motivate talented executives with proven experience in an increasingly competitive market Make short-term cash and long-term equity incentive compensation a greater portion of the NEOs’ pay opportunity than it is for other Intuit employees because our NEOs, as leaders of key business units or functions, have the ability to directly influence overall company performance

Board Justification

Cash bonuses for our senior executives, including our NEOs, were awarded under the Intuit Inc. Performance Incentive Plan (“IPI”), which is the same bonus program in which our broader employee base participates. At the end of the fiscal year, the Compensation Committee then considered our progress against the fiscal 2024 True North Goals. Based on the above, including our performance against the True North Goals, in some areas of which we remain constructively dissatisfied, the Compensation Committee exercised negative discretion and set funding for the IPI at 95% of target, which is below the baseline formulaic funding level of 107%.

Board Justification

This amount represents $10,000 in matching contributions by Intuit into Mr. Goodarzi’s 401(k) plan and $184,944 representing the aggregate incremental cost of residential security costs paid by the company. The Compensation Committee approved these costs and the company has determined that they are a necessary and appropriate business expense. Because certain components of these security measures may be viewed as conveying a personal benefit to Mr. Goodarzi, we have included those costs in this amount.

Board Justification

The following table shows information about stock option exercises and vesting of RSUs for each of the NEOs during fiscal 2024, including the value realized upon exercise or vesting. The table excludes deferred stock units purchased by the NEOs under the MSPP, which is described in greater detail in the Compensation Discussion and Analysis section of this proxy statement.