Company: PHR
Filing Date: 2025-05-14
Form Type: DEF 14A
Source: 0001412408-25-000027
Chunk: 52

Company: Phreesia, Inc.
Filing Date: 2025-05-14
Form: DEF 14A
Chunk 52
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 executive officers, as well as to assess each separate element of compensation. The goal was to ensure that the compensation we offer to our executive officers, individually as well as in the aggregate, is competitive and aligned with our business and executive talent requirements while being appropriate relative to our peer group.

We do not believe the retention of, and the work performed by, FW Cook creates any conflict of interest, because FW Cook performs no other work for the Company besides advising the compensation committee.

#### Competitive Position
The compensation committee reviews and considers the compensation levels and practices of a group of comparable healthcare IT and SaaS companies. The companies in this compensation peer group were selected based on their similarity to us in characteristics such as market capitalization, size, shareholder return and industry focus.

In April 2024, with the assistance of FW Cook, the compensation committee developed a compensation peer group to reflect our key financial attributes and recognize our business focus. For fiscal 2025, the executive compensation peer group consisted of the companies identified below, as recommended by FW Cook and approved by the compensation committee. The companies in this executive compensation peer group were selected because they had similar business models, may compete with us for executive talent and investors, and also had similar average market capitalization compared to our April 2024 valuation.

The primary criteria for our peers were that they are in the software industry and their market capitalization was similar to ours. We focused on market capitalization as it drives grant values and because revenue and earnings lag for several years in a subscription-based, high growth company like ours. Our market capitalization was near the median of this group at the time our peers were selected. The compensation committee viewed the peer group as generally reflecting both our labor market and size at the time the peer group was approved.

| Fiscal 2025 Peer Group                    |     |                 |     |                   |
| 8x8                                       |     | Health Catalyst |     | N-able*           |
| A10 Networks*                             |     | HealthEquity    |     | PagerDuty         |
| Accolade                                  |     | Intapp*         |     | Progress Software |
| Alarm.com*                                |     | Jamf*           |     | PROS Holdings     |
| Bandwidth                                 |     | LivePerson*     |     | Q2                |
| Digital Turbine*                          |     | LiveRamp*       |     | Verint Systems*   |
| E2open Parent                             |     | MultiPlan*      |     |