Company: VRE
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0000924901-25-000035
Chunk: 96

Company: Veris Residential, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 96
---
) vesting of 15,620 OPRSUs that were earned as of December 31, 2024 as adjusted on a pro rata basis for the term of service relative to the three-year vesting term of the award, based on actual performance, valued at $259,761.

16) Amount includes (i) an aggregate severance payment of $1,600,000; (ii) immediate vesting of 46,893 RSUs subject to time-based vesting valued at $779,832; (iii) immediate vesting of 4,899 RSUs subject to time-based vesting (granted as an inducement award) valued at $81,470;(iv) immediate vesting of 75,449 PSUs subject to performance-based vesting valued at $1,254,724 and based on actual performance of all PSUs measured as of December 31, 2024 in connection with a termination upon a change in control; and (v) vesting of 17,489 OPRSUs that were earned as of December 31, 2024, based on actual performance, valued at $290,842; (vi) accumulated dividends due upon the vesting of the aforementioned PSUs and OPRSUs, valued at $31,306; and (vii) the continuation of health insurance coverage for a period of 18 months, valued at approximately $58,393.

<div align='center'>50</div>

#### CEO PAY RATIO
Section 953(b) of the Dodd-Frank Act and Item 402(u) of Regulation S-K promulgated by the SEC thereunder requires the Company to disclose the median of the annual total compensation of all employees, excluding the chief executive officer, and the ratio of the median of the annual total compensation of all employees to the annual total compensation of the chief executive officer. In 2024, we identified the median employee using our employee population on December 31, 2024 and based on each employee’s total compensation, using the same elements of compensation reportable in the Summary Compensation Table for named executive officers as the “consistently applied compensation measure” under Item 402(u) of Regulation S-K. We did not perform adjustments to the compensation paid to part-time employees to calculate what they would have been paid on a full-time basis. We did not make any assumptions, adjustments, or estimates other than annualizing the compensation for any permanent (full-time or part-time) employees that were not employed by us