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<div id="toc61756_27" style="margin-top:4pt; margin-bottom:0pt; font-size:14pt; font-family:Arial"><span style="color: rgb(0, 117, 201); letter-spacing: 0px; top: 0px;display:inline;"><span style="display:inline;"><span style="font-weight:bolder;display:inline;">Pay Versus Performance </span></span></span></div> <div style="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:Arial">This section provides disclosure about the relationship between executive compensation actually paid to our principal executive officer (“PEO”) and <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span> Named Executives and certain financial performance measures of the Company for the fiscal years listed below. This disclosure has been prepared in accordance with Item 402(v) of Regulation <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K</span> under the Securities Exchange Act of 1934 (the “Pay Versus Performance Rules”) and does not necessarily reflect how the Compensation Committee evaluates compensation decisions. </div> <div style="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Arial;font-weight:bold">Pay for Performance Table </div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:8pt;width:100%;border-spacing:0;margin:0 auto">
<tr>
<td></td>
<td style="vertical-align:bottom;width:4%"></td>
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<td style="vertical-align:bottom;width:4%"></td>
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<td style="vertical-align:bottom;width:4%"></td>
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<td style="vertical-align:bottom;width:4%"></td>
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<td style="vertical-align:bottom;width:2%"></td>
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<td style="vertical-align:bottom;width:2%"></td>
<td style="vertical-align:bottom;width:3%"></td>
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<td style="vertical-align:bottom;width:3%"></td>
<td style="vertical-align:bottom;width:3%"></td>
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<td></td>
<td style="vertical-align:bottom;width:3%"></td>
<td style="vertical-align:bottom;width:6%"></td>
<td></td>
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<td></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td rowspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Year<span style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">1</span></div><div style="margin-top: 0pt; margin-bottom: 1pt; text-indent: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">(a)</div></td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" rowspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Summary</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Compensation</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Table Total</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">for PEO</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($) (b)</div></td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" rowspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Compensation</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Actually Paid</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">to PEO<span style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">2</span></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($) (c)</div></td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" rowspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Average</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Summary</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Compensation</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Table Total</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">for <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Named</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Executive</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Officers</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($) (d)</div></td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" rowspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Average</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Compensation</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Actually</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Paid to</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"><span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Named</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Executive</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Officers<span style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">2</span></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($) (e)</div></td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td>
<td colspan="6" style="padding-bottom:2pt ;border-bottom:1.00px solid #000000;vertical-align:bottom;text-align:center"><br/> <span style="letter-spacing: 0px; top: 0px;display:inline;"><span style="font-weight:bolder;display:inline;">Value of Initial Fixed $100</span></span><br/> <span style="letter-spacing: 0px; top: 0px;display:inline;"><span style="font-weight:bolder;display:inline;">Investment Based On:<span style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">3</span></span></span></td>
<td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" rowspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Net Income</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($)</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">(in millions)</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">(h)</div></td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" rowspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Microsoft</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Incentive</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Plan</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Revenue<span style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">4</span></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($)</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">(in billions)</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">(i)</div></td>
<td rowspan="2" style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:9pt">
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Microsoft</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Total</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Shareholder</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Return</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($) (f)</div></td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Peer Group</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Total</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Shareholder</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Return</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($) (g)</div></td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"> 2026</td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">90,628,977</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">30,083,543</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">28,986,966</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">12,793,419</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">143</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">260</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">133,749</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">330.56</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"> 2025</td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">96,496,790</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">131,138,799</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">24,456,053</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">31,268,315</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">190</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">184</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">101,832</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">289.18</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"> 2024</td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">79,106,183</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">171,304,590</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">21,081,007</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">40,171,628</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">169</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">162</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">88,136</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">246.12</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"> 2023</td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">48,512,537</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">93,155,708</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">16,009,805</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">29,971,655</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">128</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">112</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">72,361</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">220.08</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"> 2022</td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">54,946,310</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">56,936,384</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">20,074,444</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">20,494,054</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">96</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">82</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">72,738</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">206.67</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr></table> <div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px;"> </div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:7pt;border-spacing:0;width:100%">
<tr style="page-break-inside:avoid">
<td style="width:3%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: Arial; text-align: left; line-height: normal;">The <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span> Named Executives for fiscal year 2026 and 2025 were: Amy E. Hood, Judson B. Althoff, Takeshi Numoto, and Bradford L. Smith. The <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span> Named Executives for each of fiscal years 2024, 2023, and 2022 were: Amy E. Hood, Judson B. Althoff, Bradford L. Smith, and Christopher D. Young. </div></td></tr></table> <div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px;"> </div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:7pt;border-spacing:0;width:100%">
<tr style="page-break-inside:avoid">
<td style="width:3%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: Arial; text-align: left; line-height: normal;">The dollar amounts reported represent the amount of “compensation actually paid,” as calculated in accordance with the Pay Versus Performance Rules. These dollar amounts do not reflect the actual amounts of compensation earned by or paid to our Named Executives during the applicable year. For purposes of calculating “compensation actually paid,” the fair value of equity awards is calculated in accordance with FASB ASC Topic 718 using the same assumption methodologies used to calculate the grant date fair value of awards for purposes of the Summary Compensation Table (refer to “Named Executive Officer Compensation – Fiscal Year 2026 Compensation Tables – Summary Compensation Table” for additional information).<span style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><span style="font-style:italic;display:inline;"> </span></span>The “compensation actually paid” for fiscal years 2023 and 2022 has been updated from the amounts in Microsoft’s 2023 Proxy Statement to reflect the application of recent SEC guidance relating to retirement vesting treatment, which was issued following the filing of the 2023 Proxy Statement. </div></td></tr></table> <div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px;"> </div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:7pt;border-spacing:0;width:100%">
<tr style="page-break-inside:avoid">
<td style="width:3%;vertical-align:top;text-align:left">(3)</td>
<td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: Arial; text-align: left; line-height: normal;">In accordance with the Pay Versus Performance Rules, Microsoft and Peer Group total shareholder return (“TSR”) is determined based on the value of an initial fixed investment on June 30, 2021 through the end of the listed fiscal year. The Peer Group TSR set forth in this table was determined using the Nasdaq Computer Index, which we also use in preparing the stock performance graph required by Item 201(e) of Regulation <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K</span> for our Annual Report for the fiscal year ended June 30, 2026. </div></td></tr></table> <div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px;"> </div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:7pt;border-spacing:0;width:100%">
<tr style="page-break-inside:avoid">
<td style="width:3%;vertical-align:top;text-align:left">(4)</td>
<td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: Arial; text-align: left; line-height: normal;">We have determined that Microsoft Incentive Plan Revenue (as defined on page 42) is the financial performance measure that, in the Company’s assessment, represents the most important financial performance measure used to link “compensation actually paid” to our Named Executives, for fiscal year 2026, to company performance (the “Company Selected Measure” as defined in the Pay Versus Performance Rules). </div></td></tr></table>
90628977
30083543
28986966
12793419
143
260
133749000000
330560000000
96496790
131138799
24456053
31268315
190
184
101832000000
289180000000
79106183
171304590
21081007
40171628
169
162
88136000000
246120000000
48512537
93155708
16009805
29971655
128
112
72361000000
220080000000.00
54946310
56936384
20074444
20494054
96
82
72738000000
206670000000
The <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span> Named Executives for fiscal year 2026 and 2025 were: Amy E. Hood, Judson B. Althoff, Takeshi Numoto, and Bradford L. Smith. The <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span> Named Executives for each of fiscal years 2024, 2023, and 2022 were: Amy E. Hood, Judson B. Althoff, Bradford L. Smith, and Christopher D. Young.
In accordance with the Pay Versus Performance Rules, Microsoft and Peer Group total shareholder return (“TSR”) is determined based on the value of an initial fixed investment on June 30, 2021 through the end of the listed fiscal year. The Peer Group TSR set forth in this table was determined using the Nasdaq Computer Index, which we also use in preparing the stock performance graph required by Item 201(e) of Regulation <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K</span> for our Annual Report for the fiscal year ended June 30, 2026.
Microsoft Incentive Plan Revenue
<div style="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:Arial">The following table shows the fiscal 2026 amounts deducted from and added to the Summary Compensation Table total compensation to calculate the “compensation actually paid” to our PEO and <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span> Named Executives in accordance with the Pay Versus Performance Rules. </div> <div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px;"> </div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:8pt;width:100%;border-spacing:0">
<tr>
<td style="width:80%"></td>
<td style="vertical-align:bottom;width:2%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:2%"></td>
<td></td>
<td></td>
<td></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:9pt">
<td style="BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 2pt; line-height: normal;"> </div> </td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">PEO</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($)</div></td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Average for</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"><span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">NEO</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($)</div></td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Summary Compensation Table (“SCT”) Total</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">90,628,977</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">28,986,966</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Amounts Reported as ‘Stock Awards’ in SCT</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(77,570,774)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(24,692,589)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Fair Value of Equity Awards Granted in the Year and Unvested as of Year End</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">55,998,106</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">17,868,662</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Change in Fair Value of Outstanding and Unvested Equity Awards, Granted in Prior Fiscal Years</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(42,092,691)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(9,068,739)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Change in Fair Value of Equity Awards Vested, Granted in a Previous Year</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">3,119,925</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(300,881)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Compensation Actually Paid</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">30,083,543</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">12,793,419</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr></table>
<div style="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:Arial">The following table shows the fiscal 2026 amounts deducted from and added to the Summary Compensation Table total compensation to calculate the “compensation actually paid” to our PEO and <span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span> Named Executives in accordance with the Pay Versus Performance Rules. </div> <div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px;"> </div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:8pt;width:100%;border-spacing:0">
<tr>
<td style="width:80%"></td>
<td style="vertical-align:bottom;width:2%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:2%"></td>
<td></td>
<td></td>
<td></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:9pt">
<td style="BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> <div style="margin-top: 0px; margin-bottom: 0px; font-size: 2pt; line-height: normal;"> </div> </td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">PEO</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($)</div></td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td>
<td colspan="2" style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Average for</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"><span style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</span></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">NEO</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 9pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">($)</div></td>
<td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Summary Compensation Table (“SCT”) Total</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">90,628,977</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">28,986,966</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Amounts Reported as ‘Stock Awards’ in SCT</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(77,570,774)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(24,692,589)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Fair Value of Equity Awards Granted in the Year and Unvested as of Year End</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">55,998,106</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">17,868,662</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Change in Fair Value of Outstanding and Unvested Equity Awards, Granted in Prior Fiscal Years</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(42,092,691)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(9,068,739)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; line-height: normal;">Change in Fair Value of Equity Awards Vested, Granted in a Previous Year</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">3,119,925</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">(300,881)</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr>
<tr style="font-size:1pt">
<td style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td>
<td colspan="4" style="height:3.75pt"></td></tr>
<tr style="page-break-inside:avoid ; font-family:Arial; font-size:8pt">
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Compensation Actually Paid</div></td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">30,083,543</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td>
<td style=" BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom"> </td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:bottom;text-align:right">12,793,419</td>
<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;white-space:nowrap;vertical-align:bottom"> </td></tr></table>
90628977
28986966
-77570774
-24692589
55998106
17868662
-42092691
-9068739
3119925
-300881
30083543
12793419
<div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;font-weight:bold"><span style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><span style="font-style:italic;display:inline;">Financial Performance Measures </span></span></div> <div style="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:Arial">In accordance with the Pay Versus Performance Rules, the following table lists the financial performance measures that, in the Company’s assessment, represent the most important financial performance measures used to link “compensation actually paid” to our Named Executives, for fiscal year 2026, to Company performance, as further described in our Compensation Discussion and Analysis within the sections titled “Annual Cash Incentives” (see page 39) and “Equity Compensation” (see page 40). </div> <div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div>
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<td style="padding-bottom:2pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.44em; font-size: 9pt; font-family: Arial; font-weight: bold; line-height: normal;">Most Important Performance Measures</div></td></tr>
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<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.78em; text-indent: -0.78em; font-size: 9pt; font-family: Arial; line-height: normal;">Microsoft Incentive Plan Revenue (Company Selected Measure)</div></td></tr>
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<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.78em; text-indent: -0.78em; font-size: 9pt; font-family: Arial; line-height: normal;">Relative TSR as compared to the S&P 500</div></td></tr>
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<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.78em; text-indent: -0.78em; font-size: 9pt; font-family: Arial; line-height: normal;">Microsoft Cloud Revenue, excluding Azure and Other Cloud Services</div></td></tr>
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<td style="padding-bottom:2pt ;BORDER-BOTTOM:0.75pt solid #0075c9;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.78em; text-indent: -0.78em; font-size: 9pt; font-family: Arial; line-height: normal;">Microsoft Incentive Plan Operating Income</div></td></tr></table>
Microsoft Incentive Plan Revenue
Relative TSR as compared to the S&P 500
Azure and Other Cloud Services Revenue
Microsoft Cloud Revenue, excluding Azure and Other Cloud Services
Microsoft Incentive Plan Operating Income
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<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 12pt; font-family: Arial; font-weight: bold; text-align: center; line-height: normal;">Compensation Actually Paid vs. Microsoft TSR vs. Peer Group TSR</div><div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"> </div><div style="font-size: 4pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"> </div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"> </div></td></tr></table> <div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div> <div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div> <div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center">
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<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 12pt; font-family: Arial; font-weight: bold; text-align: center; line-height: normal;">Compensation Actually Paid vs. Microsoft TSR vs. Peer Group TSR</div><div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"> </div><div style="font-size: 4pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"> </div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"> </div></td></tr></table> <div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div> <div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div> <div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center">
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<td style="vertical-align:top;text-align:center"><span style="letter-spacing: 0px; top: 0px;display:inline;"><span style="font-weight:bolder;display:inline;">Compensation Actually Paid vs. Net Income vs. Incentive Plan Revenue</span></span></td></tr></table> <div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div> <div style="margin-top:0pt;margin-bottom:0pt;text-align:center">
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<td style="vertical-align:top;text-align:center"><span style="letter-spacing: 0px; top: 0px;display:inline;"><span style="font-weight:bolder;display:inline;">Compensation Actually Paid vs. Net Income vs. Incentive Plan Revenue</span></span></td></tr></table> <div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div> <div style="margin-top:0pt;margin-bottom:0pt;text-align:center">
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