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other executive officer, which are considered by our board of directors as it ultimately makes its determinations. 
Our people team provides further analysis and feedback as requested by our board of directors with regard to 
the compensation of our executives.

Role of Independent Compensation Consultant

In  connection  with  this  offering,  we  have  engaged  Semler  Brossy  Consulting  Group  LLC  as  an  independent 
compensation consultant to formalize our post-offering compensation programs and implement compensation 
arrangements that reflect our compensation philosophy described above.

Elements of Executive Compensation 

The key elements of our 2025 executive compensation program are summarized in the table below. 

Compensation 
Element 
Base Salary 

Form of 
Compensation 
Cash 

Guaranteed vs. 
At-Risk 
Guaranteed 

Long-Term 
Equity Incentive 
Program

Service-Based 
Options; RSUs 
with Service-
Based and 
Performance-
Based Vesting 
Conditions

At-Risk 

Other Benefits 

Other 

N/A 

Philosophy

Provide market-competitive fixed compensation to 
attract and retain key executives.
The value of option and RSU awards is correlated to 
our stock price, promoting sustainable long-term 
value creation. 

Multi-year service vesting schedule promotes 
retention, long-term ownership, and continuity of 
leadership. 
Aligned with market practices and serve to attract, 
motivate, and retain key talent. Intended to ensure the 
safety of our NEOs, enhance productivity, and 
minimize distractions. 

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