Company: QLYS
Filing Date: 2025-04-11
Form Type: PRE 14A
Source: 0001140361-25-013472
Chunk: 52

Company: QUALYS, INC.
Filing Date: 2025-04-11
Form: PRE 14A
Chunk 52
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 These exclusions are intended so that performance can be evaluated on organic foreseeable results rather than extraordinary transactions outside the scope of the Compensation and Talent Committee’s forecasts. The Compensation and Talent Committee made no adjustments to any of these metrics in 2024.

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The target award amounts for our named executive officers in each quarter of 2024 were as follows:

| 2024 Corporate Bonus Plan Target Awards |

| Named Executive Officer |     |       Q1 
   Target |     |       Q2 
   Target |     |       Q3 
   Target |     |       Q4 
   Target |     |    Total 
   Target |
| Sumedh S. Thakar        |     | $150,000 |     | $150,000 |     | $150,000 |     | $152,500 |     | $602,500 |
| Joo Mi Kim              |     |   56,250 |     |   56,250 |     |   56,250 |     |   86,250 |     |  255,000 |
| Bruce K. Posey          |     |   47,500 |     |   47,500 |     |   47,500 |     |   58,500 |     |  201,000 |

Each named executive officer’s bonus is paid as a percentage of his or her target bonus opportunity amount based on the weighted average of the payout percentages for each applicable measure. To be eligible for a quarterly bonus payment under our 2024 Corporate Bonus Plan, an individual must be employed as of the last working day of the quarter. For each of the three equally-weighted metrics, the payout percentage was capped at 125% of target. In 2023 and previous years, the payout percentage overall and for each metric was capped at 100% of target. Our Compensation and Talent Committee believed that increasing the maximum payout to 125% of target for achieving the top end of the targets would be sufficiently challenging and incentivize top-end performance, and remains well within common practices among our peer group. Payout could be zero if performance is below minimum levels for all three measures. The following table shows the level of achievement of each quarterly performance target under our 2024 Corporate Bonus Plan and the corresponding payout for each of these quarterly performance targets:

|                 |     |     Q1 |     |        |     |        |     |     Q2 |     |        |     |        |