Company: YEXT
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001614178-25-000046
Chunk: 28

Company: Yext, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 28
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 the rapidly evolving and dynamic nature of our business and the market in which we compete for executive talent.

In addition, in fiscal 2025, we maintained the following sound corporate governance policies and practices with respect to our executive compensation program:

What we do

• We link pay to performance by structuring a substantial amount of total compensation for our named executive officers in the form of variable compensation that aligns the interests of our named executive officers and shareholders in maximizing the shareholder value.

• Our compensation committee is made up solely of independent directors and makes all executive compensation decisions.

• Our compensation committee reviews our executive and broad-based compensation strategy annually to align incentives with principles of prudent risk management.

• Our compensation committee directly engages an independent compensation consultant, Compensia, to provide analysis for the annual executive compensation review and guidance on other executive compensation matters independent of management.

• Our compensation committee reviews external market data when making compensation decisions and annually reviews our peer groups with its independent compensation consultant.

• Our compensation committee periodically reviews the external market for qualified independent consultants to ensure that the compensation committee receives the highest quality data, advice and counsel from its independent advisors.

• We maintain a clawback policy in compliance with Section 10D of the Exchange Act and NYSE listing standards.

What we do not do

• We do not provide guaranteed minimum annual cash incentive compensation.

• We provide for single trigger vesting acceleration benefits upon a change of control only to Mr. Walrath, and only if relevant stock price and/or total shareholder return targets are satisfied.

• We do not provide excessive severance or change of control related benefits.

• We do not offer golden parachute tax gross-ups to any of our named executive officers or other executive officers.

• We prohibit our named executive officers, the members of our Board of Directors and other employees from hedging or similar transactions designed to decrease risks associated with holding our equity securities.

#### Executive Compensation Philosophy and Objectives
We operate in a highly competitive business environment, which is characterized by frequent technological advances and rapidly changing market requirements. To successfully grow our business in this dynamic environment, we must continually develop and refine our products and services to support our customers’ needs. To achieve these objectives, we require a highly talented and seasoned team of technical, sales, marketing, operations, and other business professionals.

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The market for skilled personnel in the software industry is very competitive. We compete with other companies in our industry globally and other companies in the major metropolitan areas in the United States to attract and retain a