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PRE 14A
Logitech International S.A.
<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the below pay versus performance table, we provide information about compensation of our NEOs for each of the last five fiscal years (the “Covered Years”). Additionally, we provide information about the results for specified financial performance measures during the Covered Years. Although the PVP Rules require us to disclose Compensation Actually Paid, these amounts do not necessarily reflect compensation that our NEOs actually earned or were paid in the Covered Years. Instead, Compensation Actually Paid reflects a calculation computed in accordance with the PVP Rules, including adjusted values relating to the fair value of unvested and vested equity awards during the Covered Years based on either year-end or vesting date stock prices, and various accounting valuation assumptions. Compensation Actually Paid generally fluctuates due to stock price achievement and actual achievement of performance goals. </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The PVP Rules require that we: </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">Show information about our cumulative TSR, the cumulative TSR of a peer group or index ("Peer Group TSR") (we have chosen to use Standard & Poor’s 500 Information & Technology Index), and our U.S. GAAP net income for the Covered Years; and</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">Designate one “company-selected measure” as the financial performance measure that is most important to link pay to performance in fiscal year 2026 (we have selected revenue in constant currency basis). As discussed in our CD&A, revenue in constant currency continues to be viewed as a core driver of our performance and shareholder value creation and, accordingly, was utilized as a component in both our bonus program and the fiscal year 2026 performance-based equity awards. Please refer to our CD&A above on how we calculate revenue in constant currency. </span></div><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:7.02pt">Logitech’s TSR is calculated by assuming that a $100 investment was made in our stock on the day prior to the first fiscal year reported above and that all dividends were reinvested until the last day of each reported Covered Year. </span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:7.02pt">The PVP Rules require the disclosure of our U.S. GAAP net income for each year. The dollar amounts reported reflect the amount of net income disclosed in the Company’s audited financial statements for the applicable year.</span><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Relationship Between Pay and Performance</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to the tabular disclosure above, the PVP Rules require us to describe the relationship between Compensation Actually Paid and the performance measures shown in the pay versus performance table above. </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Below are graphs showing the relationship of Compensation Actually Paid to our NEOs in fiscal years 2022 to 2026 to (1) our TSR and the Peer Group TSR, (2) our net income, and (3) our revenue in constant currency.</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe the Compensation Actually Paid in each of the years reported above are primarily reflective of the annual changes in our stock price performance and the performance of our PSUs. For further information concerning the Company’s pay-for-performance philosophy and how we align executive compensation with our performance, as well as the details on the terms of our short-term incentive program and our performance-vesting equity awards refer to the CD&A above.</span></div>
revenue in constant currency basis
<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.365%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.986%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.986%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.704%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.986%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.417%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.704%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.378%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Fiscal<br/>Year</span></td><td colspan="3" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Summary<br/>Compensation<br/>Table Total for<br/>CEO 1 ($)</span></td><td colspan="3" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Compensation<br/>Actually Paid<br/>for CEO 1 ($)</span></td><td colspan="3" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Summary<br/>Compensation<br/>Table Total for<br/>CEO 2 ($)</span></td><td colspan="3" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Compensation<br/>Actually Paid<br/>for CEO 2 ($)</span></td><td colspan="3" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Summary<br/>Compensation<br/>Table Total for<br/>CEO 3 ($)</span></td><td colspan="3" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Compensation<br/>Actually Paid<br/>for CEO 3 ($)</span></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#c6fff5;padding:0 1pt"></td><td colspan="3" style="background-color:#c6fff5;padding:0 1pt"></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(a)</span></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(b)</span></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(a)</span></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(b)</span></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(a)</span></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(b)</span></td><td colspan="3" style="background-color:#c6fff5;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2026</span></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">10,660,029 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">11,144,620 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2025</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">10,557,008 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">10,999,910 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2024</span></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">7,017,746 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">6,901,041 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">1,185,508 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">1,185,508 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">7,792,025 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">(2,881,140)</span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2023</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">8,553,084 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">6,564,384 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2022</span></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">10,497,190 </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">4,327,581 </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.371%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.328%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.042%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.042%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.371%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.328%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.328%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.757%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.376%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr style="height:33pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Average<br/>Summary<br/>Compensation<br/>Table Total for<br/>Non-CEO NEOs ($)</span></td><td colspan="3" rowspan="2" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Average<br/>Compensation<br/>Actually<br/>Paid for<br/>Non-CEO NEOs ($)</span></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="6" style="background-color:#0d3a38;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Value of Initial Fixed $100 Investment<br/>Based On:</span></td><td colspan="3" rowspan="2" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Net <br/>Income ($)</span></td><td colspan="3" rowspan="2" style="background-color:#0d3a38;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Company-<br/>Selected<br/>Measure:<br/>Revenue ($)</span></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr style="height:23pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Fiscal<br/>Year</span></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">TSR ($)</span></td><td colspan="3" style="background-color:#0d3a38;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Peer Group<br/>TSR ($)</span></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#c6fff5;padding:0 1pt"></td><td colspan="3" style="background-color:#c6fff5;padding:0 1pt"></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(c)</span></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(d)</span></td><td colspan="3" style="background-color:#c6fff5;padding:0 1pt"></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(e)</span></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(f)</span></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(g)</span></td><td colspan="3" style="background-color:#c6fff5;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">(h)</span></td><td colspan="3" style="background-color:#c6fff5;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2026</span></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">3,594,013 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">1,368,301 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">93 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">221 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">711,187,000 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">4,657,000,000 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2025</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">3,136,700 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">731,081 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">85 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">172 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">631,529,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">4,610,000,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2024</span></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">4,531,848 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">6,534,991 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">88 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">164 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">612,143,000 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">4,274,000,000 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2023</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">1,845,399 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">1,119,341 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">57 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">113 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">364,575,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">4,718,000,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2022</span></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">2,672,034 </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">848,535 </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:0 1pt"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">72 </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">120 </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">644,513,000 </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">5,549,000,000 </span></td><td style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;border-bottom:2pt solid #eaebed;padding:0 1pt"></td></tr></table></div>
<span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%;padding-left:8.24pt">The amounts reported are the total compensation reported in the Summary Compensation Table for the applicable year:</span><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.85pt">Fiscal years 2026 and 2025: Johanna 'Hanneke' Faber served as the CEO for the entirety of each fiscal year.</span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.85pt">Fiscal year 2024: Johanna 'Hanneke' Faber (“CEO 1”) served as CEO from December 1, 2023 to March 31, 2024; Guy Gecht (“CEO 2”) served as Interim CEO from June 13, 2023 to December 1, 2023; and Bracken Darrell (“CEO 3”) served as CEO from April 1, 2023 to June 13, 2023.</span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.85pt">Fiscal years 2023 and 2022: Bracken Darrell served as the CEO.</span></div><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:7.52pt">Amounts reported are the average of the total compensation reported in the Summary Compensation Table for the applicable fiscal years for the non-CEO NEOs.</span><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.85pt">For fiscal year 2026 the non-CEO NEOs were: Matteo Anversa, Prakash Arunkundrum, and Samantha Harnett.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.85pt">For fiscal year 2025 the non-CEO NEOs were: Matteo Anversa, Prakash Arunkundrum, Samantha Harnett, Charles Boynton, and Meeta Sunderwala.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.85pt">For fiscal year 2024 the non-CEO NEOs were: Prakash Arunkundrum, Samantha Harnett, and Charles Boynton.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.85pt">For fiscal year 2023 the non-CEO NEOs were: Prakash Arunkundrum, Samantha Harnett, Charles Boynton, and Nate Olmstead.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.85pt">For fiscal year 2022 the non-CEO NEOs were: Prakash Arunkundrum, Samantha Harnett, and Nate Olmstead.</span></div>
Johanna 'Hanneke' Faber
Johanna 'Hanneke' Faber
Johanna 'Hanneke' Faber
Guy Gecht
Bracken Darrell
Bracken Darrell
Bracken Darrell
<span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:7.02pt">Amounts reported are the Compensation Actually Paid, as computed in accordance with the PVP Rules, based on total compensation reported in the Summary Compensation Table for the indicated fiscal years and adjusted under the PVP Rules as shown in the table below. For information on the calculation of Compensation Actually Paid for fiscal years </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2022</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> to </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2025</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">, please see the “Pay versus Performance” disclosure in our 2023 to </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2025</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> definitive proxy statements which were filed with the SEC.</span><div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.551%"><tr><td style="width:0.1%"></td><td style="width:0.395%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.322%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:81.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.397%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="9" style="background-color:#0d3a38;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">CEO 1</span></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="12" style="background-color:#0d3a38;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Fiscal year 2026</span></div></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Summary Compensation Table - Total Compensation</span></td><td style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">10,660,029 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">-</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Grant Date Fair Value of Stock Awards Granted in Fiscal Year</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">(6,000,064)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">+</span></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards Granted in Fiscal Year</span></td><td style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">6,137,972 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">+</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">259,232 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">+</span></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year</span></td><td style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">+</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years for Which Applicable Vesting Conditions Were Satisfied During Fiscal Year</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">87,451 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">-</span></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Fair Value as of Prior Fiscal Year End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year</span></td><td style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">=</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Compensation Actually Paid</span></td><td style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">11,144,620 </span></td><td style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Equity Award Valuations</span>: Equity values are calculated in accordance with FASB ASC Topic 718.
<span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:7.02pt">Amounts reported represent the Compensation Actually Paid to the non-CEO NEOs for the applicable fiscal years, based on the average amounts of total compensation reported in the Summary Compensation Table and adjusted under the PVP Rules as shown in the table below (based on the averages for each category). For information on the calculation of Compensation Actually Paid for fiscal years </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2022</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> to </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2025</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">, please see the “pay versus performance” disclosure in our 2023 to </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2025</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> definitive proxy statements which were filed with the SEC.</span><div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.551%"><tr><td style="width:0.1%"></td><td style="width:0.395%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.173%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:81.489%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.397%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="6" style="background-color:#0d3a38;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Non-CEO NEO Average</span></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="6" style="background-color:#0d3a38;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:110%">Fiscal year 2026</span></div></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td><td colspan="3" style="background-color:#0d3a38;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Summary Compensation Table - Total Compensation</span></td><td style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">3,594,013 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">-</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Grant Date Fair Value of Stock Awards Granted in Fiscal Year</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">(2,500,057)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">+</span></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards Granted in Fiscal Year</span></td><td style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">1,705,002 </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">+</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">778,203 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">+</span></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year</span></td><td style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">— </span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">+</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">34,982 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">-</span></td><td colspan="3" style="background-color:#eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Fair Value as of Prior Fiscal Year End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year</span></td><td style="background-color:#eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">(2,243,842)</span></td><td style="background-color:#eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#eaebed;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">=</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">Compensation Actually Paid</span></td><td style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">$</span></td><td style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:110%">1,368,301 </span></td><td style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:2pt solid #eaebed;padding:0 1pt"></td></tr></table></div><div style="text-align:justify"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Equity Award Valuations</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">: Equity values are calculated in accordance with FASB ASC Topic 718.</span></div>
<span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:9.52pt">Peer Group TSR is calculated by assuming that a $100 investment was made in the Standard & Poor’s 500 Information & Technology Index, an independently prepared index that includes companies in the IT industry, on the day prior to the first fiscal year reported above and that all dividends were reinvested until the last day of each reported fiscal year.</span>
<span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;padding-left:7.02pt">As discussed above, we believe that revenue in constant currency is the appropriate "Company-Selected Measure" as defined in the PVP Rules.</span>
<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Tabular List of Financial Performance Measures</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Below is a list of financial performance measures that we believe are the most important financial performance measures that link Compensation Actually Paid to our NEOs for fiscal year 2026 to our performance.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">Revenue in constant currency </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">Non-GAAP operating income</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">Relative TSR in comparison to the Russell 3000</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">Cash flow from operations</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">Inventory turns</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#1b1b1b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to these financial metrics, the Company’s executive compensation program is impacted by our performance with respect to ESG goal under the annual cash bonus program. Our ESG goal is included as an element of our annual cash bonus program because they collectively represent ESG criteria that are priorities for the Company. Please see the CD&A above for further information regarding these financial performance measures as well as the ESG goals used in our annual cash bonus program.</span></div>
Revenue in constant currency
Non-GAAP operating income
Relative TSR in comparison to the Russell 3000
Cash flow from operations
Inventory turns
<div style="text-align:center"><img alt="6961" id="i-8" src="logi-20260713_g7.jpg" style="height:403px;margin-bottom:5pt;vertical-align:text-bottom;width:732px"/></div>
<div style="text-align:center"><img alt="6963" id="i-9" src="logi-20260713_g8.jpg" style="height:384px;margin-bottom:5pt;vertical-align:text-bottom;width:732px"/></div>
<div style="text-align:center"><img alt="6965" id="i-10" src="logi-20260713_g9.jpg" style="height:384px;margin-bottom:5pt;vertical-align:text-bottom;width:732px"/></div>