Company: MMI
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0001193125-25-057887
Chunk: 37

Company: Marcus & Millichap, Inc.
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 37
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� Employee Benefits  |
| ◾  Annual Cash Incentives      |     |                       |
| ◾  Long-Term Equity Incentives |     |                       |

Marcus & Millichap, Inc. | 2025 Proxy Statement | Page 38

Compensation In 2024, approximately 87% of our CEO’s and about 77% on average of our other NEOs’ target total direct compensation was “at-risk”and/or performance-based.

| (1) | Reflects target amounts and not amounts actually earned. |

Base Salary Base salary is a fixed component of our NEOs’ compensation and does not vary with Company performance. Base salaries are set at levels intended to be competitive and commensurate with each executive officer’s position, performance, skills, and experience to attract and retain the best talent. The Compensation Committee reviews base salaries for our executive officers annually and adjusts them, if needed, to reflect changes in market conditions or other factors, including business climate and changing responsibilities as our executive officers’ positions evolve. In February 2024, after considering each NEO’s individual performance and responsibilities, as well as the business climate and a market data analysis of the Company’s peer group, the Compensation Committee determined that each NEO’s base salary remained market competitive and commensurate with each NEO’s role, responsibilities, and performance. The table below sets forth our NEOs’ 2024 base salary levels and our NEOs’ base salary increases compared to 2023 base salary levels.

| NEO                 |     | 2024 Annual 
 Base Salary |         |     | 2023 Annual 
 Base Salary |         |     | Percentage 
 Increase   |
|:--------------------|:----|:------------|--------:|:----|:------------|--------:|:----|:-----------|
| Hessam Nadji        |     | $           | 700,000 |     | $           | 700,000 |     | —          |
| Steven F. DeGennaro |     | $           | 400,000 |     | $           | 400,000 |     | —          |
| Richard Matricaria  |     | $           | 400,000 |     | $           | 400,000 |     | —          |
| John David Parker   |     | $           | 400,000 |     | $           | 400,000 |     | —          |
| Gregory A. LaB