Company: ALIT
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001809104-25-000159
Chunk: 67

Company: Alight, Inc. / Delaware
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 67
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-200%                                                                    |
| Dinesh V. Tulsiani | 75%                                                              | 0-200%                                                                    |
| Stephan D. Scholl  | 200%                                                             | 0-200%                                                                    |
| Katie J. Rooney    | 100%                                                             | 0-200%                                                                    |
| Michael J. Rogers  | 75%                                                              | 0-200%                                                                    |

VCP Financial Performance Measures Our priorities for Fiscal 2024 were to drive business growth and create stockholder value. Our 2024 performance measures for VCP payout determinations were Adjusted EBITDA and revenue. Adjusted EBITDA, a non-GAAP financial measure, is defined as earnings before interest, taxes, depreciation, and intangible amortization adjusted for the impact of certain non-cash and other items that we do not consider in the evaluation of ongoing operational performance. This result may then be further adjusted to exclude the impact of certain other items determined by the Compensation Committee. Revenues are principally derived from fees paid by clients for services. We used these two measures because we believe they are key drivers in increasing stockholder value and because every VCP participant can impact them in some way. Adjusted EBITDA is used as an indicator of our earnings performance. Revenues are used as an indicator of our growth. These measures may change from time to time based on business priorities. The Compensation Committee approved the minimum, target and maximum goals for each measure and the corresponding level of VCP bonus pool funding. The bonus percentage for threshold financial performance was 0% and bonus percentage for maximum financial performance was 150%. In September 2024, following the divestiture of the Company’s payroll and professional services business units, the Compensation Committee approved revised revenue and Adjusted EBITDA goals to exclude divested business units.

| Proxy Statement andMeeting Overview |     | Board ofDirectors |     | CorporateGovernance |     | ExecutiveCompensation |     | AuditorApprovals |     | Say-On-Pay |     | AdditionalInformation |

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The table below shows the revised post divestiture Fiscal 2024 total Company performance goals at target for each of our performance measures and the actual Fiscal 2024 achievement of those goals.

|                    |  TARGETS | ELEMENTBUDGETFUNDING | ADJUSTEDACTUALS | ACHIEVEMENT(PERCENTAGE OFBUDGET FUNDING) | FINAL BONUSPOOLFUNDING | VCP F