Company: MRCY
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001049521-25-000029
Chunk: 61

Company: MERCURY SYSTEMS INC
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 61
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| Adjusted Free Cash Flow                   |     | $                       |     | 119.0 |     |               |     | 150.0% |     |           |     | 35% |     |                                  |     | 52.5%  |
| Organic Revenue                           |     | $                       |     | 912.0 |     |               |     | 121.2% |     |           |     | 15% |     |                                  |     | 18.2%  |
| Total                                     |     |                         |     |       |     |               |     |        |     |           |     |     |     |                                  |     | 113.2% |

(1) As discussed above, the Committee retains discretion under the AIP to adjust calculated payouts. The Committee did not make any such adjustments for fiscal 2025.

(2) Performance results are expressed in millions.

Individual executives must remain employed with us through the date of payment in order to receive a bonus under the AIP. For fiscal 2025, bonuses earned under the AIP were paid to executives on August 28, 2025. Mr. Wells did not receive a bonus payout under the AIP for fiscal 2025 by virtue of his earlier resignation during the fiscal year. The amounts earned under the AIP by the other named executives officers for fiscal 2025 are set forth below.

| AIP Payouts for Fiscal 2025 |     | Fiscal 2025  
 Target Bonus |           |     | Fiscal 2025    
 AIP Payout (%) |     |        |     | Fiscal 2025    
 AIP Payout ($) |           |
|:----------------------------|:----|:-------------|----------:|:----|:---------------|:----|:-------|:----|:---------------|----------:|
| William L. Ballhaus         |     | $            | 1,474,500 |     |                |     | 113.2% |     | $              | 1,669,134 |
| David E. Farnsworth         |     |              |   509,850 |     |                |     | 113.2% |     | $              |   577,150 |
| Stuart H. Kupinsky          |     |              |   463,500 |     |                |     | 113.2% |     | $              |   524,682 |
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