Company: ACIW
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001193125-25-086263
Chunk: 38

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 38
---
 Compensation Discussion and Analysis describes the material elements of our executive compensation program during 2024 and provides an overview of our executive compensation philosophy, core principles and objectives. We also discuss how and why the Compensation Committee arrived at the specific compensation decisions for our named executive officers (“Named Executive Officers” or “NEOs”), including the key factors that the Compensation Committee considered.Our Named Executive Officers for fiscal 2024 were:•Thomas W. Warsop, III, our Chief Executive Officer (“CEO”)•Scott W. Behrens, our Chief Financial Officer (our “CFO”)•Abraham Kuruvilla, our Chief Technology Officer (our “CTO”)•Alessandro Silva, our Chief Revenue Officer (our “CRO”)•Deborah L. Guerra, our former Chief Product Officer (our “Former CPO”)(1)(1)On August 12, 2024, Ms. Guerra resigned and stopped serving as our CPO and as one of our officers.Executive SummaryOur executive compensation program is designed to attract, motivate, and retain key leaders responsible for our success. Our overall program structure and 2024 compensation decisions are designed to meet our pay for demonstrable performance objectives and align with stockholders’ long-term interests.34
Performance Highlights

| * |     | Note that Adjusted EBITDA reported above is based on our actual foreign exchange rates while the Adjusted EBITDA discussed below with respect to our annual cash incentive plan is based on our 2024 budgeted foreign exchange rate. |

Adjusted EBITDA, and Revenue Net of Interchange are non-GAAPfinancial measures. Adjusted EBITDA is defined as net income plus income tax expense (benefit), net interest income (expense), net other income (expense), depreciation, amortization and stock-based compensation, as well as significant transaction-related expenses. Revenue Net of Interchange is defined as revenue net of pass-through interchange revenue. For purposes of calculations under our 2024 short-term incentive program awards and our 2024 PSU awards, we further adjusted Adjusted EBITDA and Revenue Net of Interchange to be based on our 2024 budgeted foreign exchange rate rather than our actual foreign exchange rates. See Appendix A for full reconciliation for Adjusted EBITDA, Net Adjusted EBITDA Margin and Revenue Net of Interchange, including as used for calculations under our 2024 short-term incentive program awards and our 2024 PSU awards. 2024 Compensation Highlights Underlying our executive compensation program is