Company: PRSU
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000950170-25-052380
Chunk: 32

Company: Pursuit Attractions & Hospitality, Inc.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 32
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Us and RSUs granted to them in 2024 in connection with their respective transitions as of the Closing Date. As noted above, approximately 70% of the dollar figures set forth in the table above represent the target value attributable to the 2024 PSUs. The 2024 PSUs may be earned based on the Company’s relative TSR

| 42  |  Pursuit 2025 PROXY STATEMENT​ | ​ |

COMPENSATION DISCUSSION AND ANALYSIS

performance against other Russell 2000 Index constituents as of the end of the 2024 PSU Performance Period, as follows:

| Relative TSR Performance – 
 Russell 2000 Index         | ​ | Achievement Percentage of the 
 Relative TSR Performance Goal |
| 75th percentile or above   | ​ | 200%                          |
| 55th percentile            | ​ | 100%                          |
| 25th percentile            | ​ | 50%                           |
| Below 25th percentile      | ​ | 0%                            |

To the extent that the Company’s absolute TSR over the same period is negative, the number of 2024 PSUs earned will not exceed 100% of target, even if the Company’s relative TSR performance exceeds the 55th percentile. We believe that the 2024 LTI awards to NEOs align with our pay for performance philosophy because the underlying performance-based units will scale in value only as the Company’s relative TSR compares favorably to other Russell 2000 Index companies and the value of the time-based units is tied directly to the value of our common stock. The Human Resources Committee engaged with Korn Ferry, its independent compensation advisor since September 2023, for advice in connection with the design of the 2024 LTI program, specifically with respect to compensation trends for similarly impacted companies and to ensure alignment with shareholder interests to the maximum extent possible. The mix of performance- and time-based LTI equity awards selected for 2024 placed a heavy emphasis on Legacy Viad’s financial performance and provided an incentive for executives to enhance shareholder value over a multi-year period, as the ultimate value of each award will depend upon the value of our common stock at the time of vesting or end of the 2024 PSU Performance Period, as applicable. Retention RSUs On March 1, 2024, in consideration of Ms. Striedel’s involvement supporting the sale of the GES business and the Company’s transition to a standalone attractions and hospitality company, the Human Resources Committee