Company: AFRM
Filing Date: 2025-10-24
Form Type: DEF 14A
Source: 0001628280-25-046264
Chunk: 45

Company: Affirm Holdings, Inc.
Filing Date: 2025-10-24
Form: DEF 14A
Chunk 45
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 below), death or disability within three months prior to or 12 months following the consummation of a change in control of the Company, which such period is referred to as the change in control period, or if the named executive officer resigns for good reason within the change in control period, then the officer severance plan provides for such named executive officer to receive:

• a lump sum cash severance payment equal to the sum of (i) the named executive officer’s annual base salary, as in effect immediately prior to the participant’s termination, multiplied by 150% for our CEO and 100% for each of our other named executive officers, plus (ii) a pro-rata amount of the named executive officer’s target annual cash incentive plan opportunity, if any, as in effect for the fiscal year in which his or her termination of employment

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occurs;

• payment or reimbursement of the cost of post-termination continued health benefits for the named executive officer and his or her dependents for a period of up to 18 months for our CEO and up to 12 months for each of our other named executive officers; and

• immediate acceleration of vesting of all of the then-unvested shares subject to each of the named executive officer’s then-outstanding time-based equity awards.

Potential Payments Upon Qualifying Termination of Employment Outside of Change in Control Period

Generally, if a named executive officer’s employment is terminated for any reason other than for cause, death or disability outside of a change in control period, or, in the case of our CEO only, the named executive officer resigns for good reason (as defined below) outside of a change in control period, then the officer severance plan provides for such named executive officer to receive:

• a lump sum payment equal to the named executive officer’s annual base salary, as in effect immediately prior to the participant’s termination, multiplied by 100% for our CEO and 50% for each of our other named executive officers; and

• payment or reimbursement of the cost of post-termination continued health benefits for the named executive officer and his or her dependents for a period of up to 12 months for our CEO and six months for each of our other named executive officers.

Potential Payments Upon Termination of Employment Due to Death or Disability

Generally, if a named executive officer’s employment is terminated due to death or disability, then the officer severance plan provides for such named executive officer (or,