Company: CVLT
Filing Date: 2025-06-25
Form Type: DEF 14A
Source: 0001169561-25-000059
Chunk: 26

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-06-25
Form: DEF 14A
Chunk 26
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ization: Target between $2.2 billion and $21.8 billion (0.3x to 3.0x the Company’s market capitalization)

Criteria are not necessarily “gating” items; companies that do not satisfy one or more criteria may be included if deemed a reasonable fit across other selection criteria.

| The companies included in the peer group for fiscal year 2025 were: |     |                   |     |                  |
| ACI Worldwide                                                       
 Blackbaud                                                           
 Box                                                                 
 Confluent                                                           
 DigitalOcean Holdings                                               
 Dynatrace                                                           |     | Gitlab            
 Informatica       
 Nutanix           
 Progress Software 
 Pure Storage      
 Qualys            |     | Rapid7           
 Rubrik           
 SentinelOne      
 SolarWinds       
 Tenable Holdings 
 Varonis Systems  |

#### COMMVAULT VS. PEER GROUP
The Company and the TMCC review the peer group annually and make changes as needed to ensure it remains appropriate. The competitive positioning of our trailing four-quarters of revenue and market capitalization below reflect our profile as of January 2024, when the TMCC approved the peer group for fiscal year 2025.

#### 32COMMVAULT SYSTEMS, INC. |2025 PROXY STATEMENT
Table of Contents

| CD&A  |FISCAL YEAR 2025 COMPENSATION DECISIONS |

#### Fiscal Year 2025 Compensation Decisions
The majority of our executives are compensated within the 50th to 75th percentile range, reflecting our commitment to competitive and equitable pay practices that align with market standards. This approach promotes fairness and reinforces our ability to attract and retain top talent while supporting our long-term growth and future performance trajectory.

### BASE SALARY
The TMCC generally compares our executive officer base salaries to the 25th—75th percentile of the competitive market data in the analysis prepared by its compensation consultant.

Typically, base salary levels are reviewed annually as part of our performance review process, as well as upon a promotion or other change in job responsibility. In addition to considering the competitive market analysis when setting base salaries for fiscal 2025, the TMCC also evaluated the scope of, and accountability associated with, each executive officer’s position and the overall experience of each executive officer. The table below shows the fiscal 2025 and 2024 base salary rates for each NEO.

| Name and Principal Position Held |     | Fiscal 2025 Salary |     |          | Fiscal 2024 Salary |     |          | Percentage