Company: PHR
Filing Date: 2025-05-14
Form Type: DEF 14A
Source: 0001412408-25-000027
Chunk: 54

Company: Phreesia, Inc.
Filing Date: 2025-05-14
Form: DEF 14A
Chunk 54
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 % |
| Evan Roberts            |     |                           |     |  400,000 |     |                           |     |  400,000 |     |                             | — | % |
| David Linetsky          |     |                           |     |  400,000 |     |                           |     |  400,000 |     |                             | — | % |
| Allison Hoffman         |     |                           |     |  350,000 |     |                           |     |  350,000 |     |                             | — | % |

The compensation committee also reviewed salaries in December 2024 for fiscal 2026 and did not make any adjustments to any of our NEOs' base salaries for the third consecutive pay cycle, including that of our Chief Executive Officer whose salary has not been increased in the past four pay cycles.

#### Cash Incentive Bonuses
Our executive officers, including our NEOs, are eligible for bonuses pursuant to our Senior Executive Cash Incentive Bonus Plan, which provides for a bi-annual bonus payout based upon achievement of predetermined Company performance targets, including revenue and Adjusted EBITDA. 30% of the bonus is based on results for the first half of our fiscal year and the remaining 70% is based on results for the full fiscal year. The year is divided to drive operational immediacy and to recognize the challenge of setting goals in a high growth company; however, performance for the full fiscal year has a higher weighting than the first fiscal half because the Company believes that annual results make a bigger difference in driving long-term stock price performance.

Each NEO was assigned a target annual cash incentive compensation opportunity under our Senior Executive Cash Incentive Bonus Plan, which was calculated as a percentage of annual base salary for fiscal 2025. In November 2023 and December 2024, the compensation committee reviewed the target

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annual cash incentive compensation opportunities of our executive officers. The compensation committee generally references the median within our peer group when assessing and making determinations of target annual cash opportunities (base salary plus target bonus) for our executive officers, and target cash compensation for all of our NEOs was below the median in fiscal 2025. The compensation committee maintained the target annual cash incentive compensation opportunities for Mr. Indig at 100% of his fiscal 2025 annual base salary and maintained target annual cash incentive compensation opportunities for Messrs. Gandhi, Roberts, Linetsky and Ms. Hoffman at 75%,