Company: IBTA
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001628280-25-017508
Chunk: 28

Company: Ibotta, Inc.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 28
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 a Code of Business Conduct and Ethics, an Insider Trading Policy, and a Compensation Recovery Policy.

#### Director Compensation
Prior to our initial public offering, we did not provide our directors with cash compensation and instead occasionally granted equity awards to certain non-employee directors in order to attract and retain them to our Board of Directors. We also reimbursed non-employee directors for expenses associated with attending meetings of our Board of Directors and committees of our Board of Directors.

In connection with our initial public offering, we granted to each of our non-employee directors an award of RSUs covering a number of shares of our Class A common stock equal to $400,000 divided by the initial public offering price, effective immediately following the completion of our initial public offering. The actual grant date fair value of each such award was determined by the closing price of our Class A common stock on the grant date and therefore is higher than the grant value shown above. Each such award will vest in equal annual installments over a period of three years, in each case subject to continued service through each relevant vesting date.

Our Board of Directors adopted an outside director compensation policy (Outside Director Compensation Policy) that became effective upon the effective date of the registration statement relating to our initial public offering.

Our Outside Director Compensation Policy provides that all non-employee directors serving on the Audit, Compensation, and Nominating and Corporate Governance Committees will be entitled to receive the following cash compensation for their services on such committees:

• $40,000 retainer per year;

• $25,000 retainer per year for the Chair of the Board of Directors (as an employee director, Mr. Leach does not receive compensation in his role as Chairman of the Board of Directors);

• $25,000 retainer per year for the lead non-employee director;

• $20,000 retainer per year for the Chair of the Audit Committee or $10,000 retainer per year for each other member of the Audit Committee;

• $15,000 retainer per year for the Chair of the Compensation Committee or $7,500 retainer per year for each other member of the Compensation Committee; and

• $10,000 retainer per year for the Chair of the Nominating and Corporate Governance Committee or $5,000 retainer per year for each other member of the Nominating and Corporate Governance Committee.

Each non-employee director who serves as the Chair of a committee will receive only the additional annual fee as the Chair of the committee and will not receive the additional annual fee