Company: CVLT
Filing Date: 2025-06-25
Form Type: DEF 14A
Source: 0001169561-25-000059
Chunk: 27

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-06-25
Form: DEF 14A
Chunk 27
---
 Increase |     |     |
| Sanjay Mirchandani               
 President and CEO                |     |                    |     | $645,000 |                    |     | $645,000 |                     |     | —%  |
| Jen DiRico(1)                    
 CFO                              |     |                    |     | $450,000 |                    |     |      N/A |                     |     | N/A |
| Gary Merrill                     
 CCO                              |     |                    |     | $460,000 |                    |     | $451,000 |                     |     | 2%  |

1. Ms. DiRico’s base salary took effect on August 12, 2024.

### ANNUAL INCENTIVE PLAN
During fiscal 2025, Messrs. Mirchandani and Merrill and Ms. DiRico each participated in the Commvault Annual Incentive Plan (the “Fiscal 2025 AIP”), which made them eligible to earn a cash bonus based on achievement of pre-established corporate financial goals.

#### Target Annual Cash Incentive Opportunities
The TMCC approved target cash incentive opportunities for the NEOs in May 2024 after considering a competitive market analysis, the scope of, and accountability associated with, each executive officer’s position, the performance of each executive officer since the last annual performance review and the overall experience of each executive officer. Targeted cash incentive opportunities were later defined for Ms. DiRico in connection with her appointment as our CFO in August 2024.

| Executive          |     | Fiscal 2025 Salary |     |          | Target Annual Cash Incentive (%) |     |         | Target Annual Cash Incentive ($)(1) |     |          |
| Sanjay Mirchandani |     |                    |     | $645,000 |                                  |     | 125%    |                                     |     | $806,250 |
| Jen DiRico         |     |                    |     | $450,000 |                                  |     | 70%(2)  |                                     |     | $315,000 |
| Gary Merrill       |     |                    |     | $460,000 |                                  |     | 100%(2) |                                     |     | $460,000 |

1. Cash bonus payments under the Fiscal 2025 AIP could range from zero to 200% of target.

2. Target Annual Cash Incentives for both Ms. DiRico and Mr. Merrill took effect as of August