Company: IONQ
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0000950170-25-059289
Chunk: 35

Company: IonQ, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 35
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 to receive a grant in 2023, so that his intended grant value could be reserved to be used for the Company's other employees, limiting 2023 equity costs and dilution. In 2024, our board of directors approved a grant for Mr. Chapman of PSUs in line with its long-term incentive philosophy. Equity grants made in 2024 are explained in more detail below in the section titled “ —Executive Compensation Program Components .” In connection with his grant of PSUs in 2024, Mr. Chapman also became eligible for cash incentive payments. Effect of Most Recent Stockholder Advisory Vote on Executive Compensation At our 2024 Annual Meeting, for the first time, we conducted a non-binding advisory vote on the frequency of advisory votes on the compensation of our NEOs (commonly known as a “Say-on-Pay Vote”). Approximately 98% of the votes cast selected Say-on-Pay Votes on an annual basis, and our board of directors subsequently determined to hold Say-on-Pay Votes annually until the next required non-binding advisory stockholder vote on the frequency of holding future votes. Also at our 2024 Annual Meeting, for the first time, we conducted a non-binding Say-on-Pay Vote. Approximately 95% of the votes cast approved the compensation program for our NEOs as described in our 2024 proxy statement. Based on this strong stockholder support, our compensation committee determined not to make significant changes to our existing executive compensation program and policies. We value the opinions of our stockholders. Our goal is to be responsive to our stockholders and ensure we understand and address their concerns and observations. Our compensation committee will consider the outcome of any future Say-on-Pay Vote, as well as feedback received throughout the year, when making compensation decisions for our NEOs.

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Executive Compensation Philosophy and Objectives

We believe that a fundamental measure of our success will be the stockholder value we create as a direct result of our ability to bring quantum advantage to applications across a wide range of industries over the medium to long term.

Our ability to deliver on the promise of quantum computing depends on our ability to attract, retain, and motivate the most qualified and talented people to operate our Company. It also relies on our ability to execute with the highest velocity, accelerate our technical and financial roadmaps, and take advantage of our current capital position, putting every dollar to work in the most effective way.

Our executive compensation philosophy is founded on the following guiding principles:

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